Statera (STA)

129 Articles 3,319 Followers

 

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 (STA) - Puzzle Pieces to Picture

6 Aug 2020 23 minute read 37 comments Thomas Wolf

Like any aspiring author, I was thrilled to see a new contest for Statera Project, especially after taking #5 in the previous contest for ChangeNOW, which is a DEX I absolutely love and continue to use daily.So I say to Igor: Count me in!I had NO IDE...

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...

Fuck this Shitcoin (and Statism); I'm out!

19 Feb 2022 1 minute read 6 comments Great White Snark

This morning, I received an email informing me that on the 28th of February 2022, Publish0x will officially be dropping support for tipping in shitty ERC20s (Ampleforth and Harvest Finance) in preference for ... yet another shitcoin, called Statera (...

Statera - Welcome to the Crypto-Bazaar!

8 Aug 2020 13 minute read 18 comments PVMihalache

What is Statera? Statera (STA) is an Ethereum-powered deflationary token pegged to an index fund, a multiple assets pool. To counter the highly volatile marketplace the index fund has the ability to auto-rebalance to maintain the weight of each asse...

The Whale that Wants you to Win | A Statera Story

7 Aug 2020 9 minute read 26 comments Mynima

Introduction (Preface) Despite, the title and subtitles later this isn't going to be your average bedtime story. After a successful AMA with the Statera team, Publish0x launched us into a writing competition to discuss the Statera project from our ow...

5 Things You Need To Know About Statera Before Investing

6 Aug 2020 4 minute read 2 comments paulOf91

This is my MyStateraProject writing entry. Digging into this project brought some excitement back into my life due to the fact that this project seems to offer something that is slightly different from anything I have seen before.  In MyStateraProjec...

STATERA AUDIT REPORT

19 Jun 2020 1 minute read 3 comments STATERA PROJECT

We are pleased to announce that we have a full Smart Contract Audit Report from Hacken. The Report can be viewed through our Github account linked below. Statera Team would like to take this opportunity to thank our community members for their patien...

STATERA- Start of a new Crypto Era!

9 Aug 2020 4 minute read 14 comments SamBTC

Statera is a very innovative concept and it does take some time to understand it wholly. To appreciate it’s benefits it helps to have some background in blockchain and cryptocurrencies in general and the DeFI (Decentralized Finance) industry. In this...

EPISODE 3: STA and MANA

23 Oct 2020 6 minute read 2 comments SirGerardThe1st

There's nothing to do. It is unbeatable. The teaching of my late Master continues to prove its potency. My last article, which can be read here, written as a short story for kids, brought me 2x new followers and was read by 15x more people than my mo...

Statera Project. Crypto for human beings

4 Aug 2020 12 minute read 37 comments ProngsDark

"That sounds rather familiar...is it... Apple?" No, actually it's Ubuntu Linux which used to be "Linux for human beings" before they tried to cram their solutions down everyone's computers. But, I get it. Big project, big money, big responsibilities...