Statera (STA)

133 Articles 3,330 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

 


Fantom DeFi #2 - Beefy Fresh Statera Duet

9 Mar 2022 2 minute read 19 comments PVM

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....

400% APR Statera Maxi Duet Pool Now on Beefy Finance Autocompounding at ~1000%APY!

9 Mar 2022 3 minute read 1 comment StaBoi

Beethoven-x is now home to two mega liquidity pools for Statera - "Dante" the core pool, and "Maxi", and here I want to highlight this Statera Maxi Duet Pool. If you take nothing else away from this article, take this: The Maxi pool is designed for t...

Fantom DeFi #1 - Earning on Beethoven-X with Statera (wSTA)

8 Mar 2022 2 minute read 9 comments PVM

Lots of questions about earning opportunities since Statera ($STA) was added as a tipping token on Publish0x. Fantom, Statera, Wrapped Statera and Beethoven-X are not DeFi not Mambo-Jumbo ... all those crypto terms are the best method to make your ha...

Meme Competition Time! $200 in $WSTA Rewards (Ended)!

8 Mar 2022 1 minute read 36 comments Publish0x PRs

UPDATE: We've chosen our two winners for this competition! We've sent them the prizes already!   Thank you all for participating, and congratulations to the winners!     We are hosting a Quick MEME Competition with $200 in $WSTA rewards! The aim of...

6 Crazy Things That Can Happen Until 2030

7 Mar 2022 3 minute read 0 comments Joao16

BTC vs ETH: Who Will Win? Can ETH flip BTC? So far, according to additional data, Ethereum has flipped Bitcoin in two metrics on-chain transactions and transaction fees generated. These remain two valuable metrics as they can signal the greater and m...

Statera and Ampleforth Performance Review

7 Mar 2022 1 minute read 1 comment Steve Hodl

I've recently added Statera and Ampleforth to my portfolio and have started to track their performance.  I thought I would share that with you today.  Statera Statera is a smart contract-powered IDT (Indexed Deflationary Token) based on the Fantom pl...

Stater

7 Mar 2022 1 minute read 0 comments RvX

Statera has had a single purpose from its inception: "to integrate cryptocurrency into every portfolio." Statera is a one-of-a-kind asset that provides users with a one-of-a-kind exposure: an immutable, global, decentralized, and deflationary asset....

How To Maximize Your STA Earnings From Publish0x?

5 Mar 2022 1 minute read 1 comment BreakdownFab

As you left comments or wrote articles on publish0x, you earned STA but do not know what to do with it.  First step: Withdraw STA to your wallet Get your FTM public address 0x... through a cold (e.g., Ledger) or hot wallet (e.g., Frame or Metamask)....

My C.J. ep 28 How to setup Fantom opera and its tokens

4 Mar 2022 2 minute read 16 comments The Lebanese Girl

  Hello publish0x users, As I said in my previous article that I will tell you where to put $STA so let's start! After the introduction of the token $STA in publish0x tipping that replaced the token FARM, and after winning in the twitter competition,...

$500 in $WSTA Prizes! Statera Buying Competition and Giveaway (Ends in Under 40 Hours!)

4 Mar 2022 2 minute read 26 comments Publish0x PRs

UPDATE: Congratulations to two biggest $WSTA buyers in this contest! The top placed @StateraProject fan bought 255,578 $WSTA and we've sent them 3,050 WSTA ($300 worth) The second placed buy was for 107,619 WSAT, and we've sent them 1,020 WSTA ($10...