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

 


ETH, BNB, LUNA and STA | Chart Analysis | It's Better If We Break It | 26 MAR

26 Mar 2022 1 minute read 0 comments Joao16

For more content like this tip me if you can! thank u :)   Ethereum Analysis Yesterday ETH reject EMA200 but is still above EMA99 and even if it goes down again 2900 would be the next support. In this chart I would like to see ETH break EMA200 and th...

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26 Mar 2022 2 minute read 13 comments Steve Hodl

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25 Mar 2022 1 minute read 3 comments MattiG

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22 Mar 2022 2 minute read 9 comments diaperfinancingfund

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16 Mar 2022 1 minute read 2 comments Joao16

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Statera Ecosystem's Important Goals - As an investor, consumer, and stakeholder

15 Mar 2022 1 minute read 1 comment SpartanCrypto

     As you may know, I have been diving deeper into cryptocurrencies and have found Statera (STA), an interesting token, with potential for investors and other stakeholders. I have researched some important goals for the Statera community, and I pre...

Statera Volatility Continues

13 Mar 2022 1 minute read 14 comments Steve Hodl

If you are like me and have Statera in your portfolio, you would have been concerned with the recent price action on Statera. After the huge rise in February, we seem to be experiencing a sharp pullback in March. In the last 2 weeks, we have had a...

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11 Mar 2022 1 minute read 0 comments MattiG

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Time to Sell Statera?

9 Mar 2022 1 minute read 2 comments SpartanCrypto

     Statera (STA) is a cryptocurrency primarily on the ETH blockchain, and considering its rise in attention over the past months, I decided to dig a bit deeper and actually analyze the "tokenomics", especially for investors. I'll keep the post brie...

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9 Mar 2022 2 minute read 19 comments PVMihalache

Over the weekend I staked Wrapped Staters ($wSTA) and Beethoven-X ($BEETS) on FANTOM, as an educational experience for an Publish0x competition. Was one of the lucky users and received $20 worth of wSTA, and made me look for the best staking option....