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:
We have received this great news that Publish0x is replacing $FARM token with $STA, so what does it mean for you? Before giving an answer, it would be better to explain what is Statera ($STA). On their blog, it describes Statera as; Statera (STA) i...
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In January I made $708 profit from passively looking for opportunities to Arb Trade WSTA into STA using Spookyswap. Mostly I would check in my morning and a few times through the day, and take a trade if I could pocket ideally more than 200 STA. I s...
New to Publish0x? Register here (affiliate link) and start earning crypto everytime you read or write an article. What is StateraStatera (STA) is an Ethereum-powered deflationary token pegged to an index fund. The STA token acts as an asset and als...
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SÉPTIMO CONCURSO DE ESCRITURA Y PINTURA !! / SEVENTH WRITING AND PAINTING CONTEST !! / #WORLD OF XPILAR Hello friends how are you all?Hope you all good,i am also good. Today i just going to join SIXTH WRITING AND PAINTING CONTEST !! / #WORLD OF XPILA...