Statera (STA)

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Statera (consisting of the STA and wSTA tokens) is a smart contract powered Pioneering Indexed Deflationary Ecosystem operating on the Ethereum and Fantom Network, which synergizes with a trustless and community-driven portfolio of class-leading cryptocurrencies.

Every trade for Statera creates arbitrage opportunities, which results in volume rippling across the entire Statera ecosystem, resulting in higher fees paid to liquidity providers. This is called Volume Farming.

  • Deflation. Statera's contract is designed so that for every transaction, 1% of the amount transacted is permanently destroyed, increasing positive price pressure.
  • Arbitrage. The composability of STA and wSTA allow for considerably more arbitrage opportunities, driving volume across the ecosystem.
  • Portfolio. By indexing a significant portion of tokens to a suite of blue chip cryptocurrencies, the market itself can drive price action.

Statera (STA) is the principal digital asset, which forms the cornerstone of our entire ecosystem. Through its deflationary mechanism it increases positive price pressure, and reduces volatility. Every time Statera has an on-chain transaction, 1% of transferred assets are permanently removed from circulation. STA has been natively bridged to the Fantom network, meaning that STA can only be minted when bridged from Ethereum, and continues to deflate with every transaction.

Wrapped Statera (wSTA) can only be minted by wrapping our native Statera token. The conversion process will always generate 99 wSTA from every 100 STA after deflation. wSTA can be safely implemented on third-party protocols (such as Balancer) while still retaining the ecosystem’s deflation through the STA token. Wrapped Statera can also be unminted at any time, returning STA to the holder.

The tokens on both the Fantom and Ethereum Network's can be stored by using Metamask. Here's how to set up Metamask for use on the Fantom Network. Then, use and interact with STA and WSTA tokens from your Metamask by adding them as custom tokens via these contracts:

STA: 0x89D5e71E275B4bE094Df9551627BCF4E3b24cE22

wSTA: 0xCEeBDE49eC95E21F7eE63C5c6f98CaB3519570de

 


Statera Project Review a Crypto Index Fund

9 Aug 2020 1 minute read 3 comments SteveR82

Today I am talking a lot at the Statera Project. I try to break down how it works in a way that anyone can understand. It is a crypto index fund and the Statera coin is a big part of how it works. It is deflationary. Statera burns 1% of any transact...

Statera-DeFi the perfect Index fund for Africa.

9 Aug 2020 3 minute read 2 comments alberdioni8406

The world of crypto is evolving day after day and many projects have been integrated and implementing new solutions that somehow can offer usecase to real-life solution with decentralized finances (Defi), being the trend on demand in the Ethereum net...

Pssst You, yes you over there!Wanna buy some STA Token?-My entry into the STATERA writing contest

9 Aug 2020 3 minute read 11 comments Searching for Truth

What is a STATERA u ask? Its this relatively new Crypto token that is used in Ethereums DeFi (Decentralized Finance) system, wanna buy some? Its already around 10 dollar cents at the moment of writing, it was around 5 cents a week ago. What ya mean w...

Giving Statera The Full Publish0x Experience™

9 Aug 2020 6 minute read 7 comments Absolute Unit

As you undoubtedly know Statera recently opened a writing contest here on Publish0x where the topic given was "anything you want to write about Statera". Which got my juices a'flowing, what better way to write about Statera than to give it the Full P...

A Winner Without Winning Statera Project Writing Contest

9 Aug 2020 1 minute read 0 comments fun2learn

I participated in the writing contest of Statera about two week ago and today is actually the last day of the contest for those are still interested in the contest. https://www.publish0x.com/fun2learn/my-first-small-purchase-of-statera-sta-xzypnzy I...

Statera: Index Investing and Liquidity Pools

8 Aug 2020 4 minute read 1 comment Marcus_

Disclaimer: this post is an entry for the Statera writing contest   Statera So before I give my two cents on Statera and some ideas for a potential route for Statera, I will begin with a short introduction on Statera. As numerous  authors have noted...

Yay Statera! HEY we finally understand Statera. Wait, what the h-ll is Statera?

8 Aug 2020 9 minute read 12 comments Dave Sawyer

Crypto fans we love you, thanks for your work in separating money and state.   Our leader Igor has thrown down the gauntlet again, so it's time to rev to redline and dump the clutch in the drag race for crypto truth.  As Texas real time systems contr...

Statera's Twist: Deflation and Balancer Loop

8 Aug 2020 4 minute read 1 comment 0fajarpurnama0

Finance + Deflation As the title states, Statera (STA) is a Token that makes an interesting combination between deflation and decentralized finance (defi). Although deflation is the trend during this COVID-19 pandemic where central banks are inflati...

Does Statera bring anything new to DeFi and should you invest?

8 Aug 2020 8 minute read 4 comments DeFi.

Distributed ledger technology emerged as a solution to rescue us from the jiggery-pokery of centralized entities. They abuse our private information and make money off of it without our consent (remember Facebook?). Even the money we own, we're not...

Statera (STA) Project Review Concept Behind It & Innovating Behavior About Blockchain

8 Aug 2020 6 minute read 2 comments Curexmy.com

We are going to discovering the newly entered and claimable project called Statera (STA). The ethereum Based ERC-20 token based on Deflationary methodology. In this article we will see in detail, how-now and from basic to advance that what are the th...