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

 


Is Statera Project The Next Huge DeFi?

1 Aug 2020 4 minute read 5 comments CuriousCrypto

2020 DeFi TrendAs we all know, 2020 is the year for “DeFi” (Decentralized Finance). As of August 1st, the total market value of DeFi tokens hit a record-high of $7.3 billion. Within just a few months since March, top DeFi tokens have gained multiple...

Statera is a smart contract powered Indexed Deflationary

31 Jul 2020 6 minute read 0 comments JaksHitam

For those setting their well deserved money into potential and hazardous ventures over the new digital currency trade advertise, there is a wide birth of organizations that are making systems with a much more extensive assortment of token gracefully...

My impressions of Statera

26 Jul 2020 2 minute read 2 comments TrocProcLock

Before today, I had no idea what Statera was. And because of that, I didn't want to write some article explaining what it is and give out wrong information or try to be something I am not. So today I will simply write an article about my opinion of S...

#MyStateraProject Writing Contest and Giveaway: (a minimum of) $350 in DAI Prize Pool!

25 Jul 2020 5 minute read 67 comments igort

Statera Project just held an AMA on Publish0x, and now we're moving to the next step: a writing contest and a Twitter Giveaway!     STATERA: Innovative, Valuable, and Unique use cases of Deflation and Indexed Digital assets. Date: Submit your entrie...

Statera Project AMA: Prize Pool Goes to These Winners (Announcement)

21 Jul 2020 1 minute read 20 comments igort

This is a quick announcement to highlight those who have won awards due to their participation in the Statera Project AMA held last week. It took a bit longer to announce users who have won some awards - but here we are! Thank you all who have partic...

Statera Project AMA: $200 in DAI Prize Pool for Participants! #StateraAMAPublish0x

13 Jul 2020 4 minute read 605 comments STATERA PROJECT

Update: Thank you everyone for your incredible questions! There were a lot of really great ones. We are calling it quits for now (we don't know how many we answered but if feels like hundreds...), we may come back through and try to answer a few more...

THE DEFLATIONARY INDEX FUND

3 Jul 2020 8 minute read 2 comments STATERA PROJECT

Innovation is never easy and being an innovator is often a daunting task. You are constantly embattled and questioned. But innovating, changing, and growing are essential to progress in technology; indeed these acts are essential in all rewarding end...

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: A TRUSTLESS INDEXED-DEFLATIONARY TOKEN

9 Jun 2020 6 minute read 5 comments STATERA PROJECT

  STATERA: INTRODUCTION Statera’s namesake is derived from the Latin word for Balance. Statera (STA) is a smart contract powered Indexed Deflationary Token (IDT) which synergizes with a trustless and community driven portfolio of class-leading crypt...

6 DeFi Projects with Interesting (Token) Economics

5 Jun 2020 11 minute read 11 comments D3F1

DeFi (Decentralised Finance) is the hottest thing in crypto right now in 2020 and unlike the ICO bubble that lasted less than a year in 2017, it doesn’t look like the DeFi train is stopping anytime soon. This time it’s for real. (source) The chart a...