Statera (STA)

126 Articles 3,316 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

 


January 2022 #Publish0x Leaderboards Contest Winners: $190 in $STA Rewarded to Top 20 Ambassadors!

20 Feb 2022 1 minute read 15 comments igort

Thank you to all of our ambassadors, especially those who took part in the Ambassador's Monthly Leaderboard Completion last month, and those who will do so going forward. Here are the winners for the January 2022 Ambassador's contest! *Note: For the...

A quick look at Statera, Publish0x's latest tipping token

18 Feb 2022 2 minute read 4 comments simplyrangel

The Publish0x community can now make, receive, and withdraw tips in Statera (STA) on the Fantom Network without Ethereum's insane gas fees — a welcome change!  I had never heard of Statera before Thursday's announcement. Here's my initial research fo...

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...

What does Publish0x enabling Statera tipping means for you

16 Feb 2022 1 minute read 4 comments Cosmonauta

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...

Win One of 50x $2 in $STA Rewards! Tweet a Screenshot of Your Tip in $STA!

17 Feb 2022 1 minute read 72 comments igort

UPDATE: These are the users who have won $2 in STA each! CommanderS takerukoushirou jarzab coinictus wantumeni beloved7 painter BitcoinBaby Technically Product Snow Under Sun SirGerardThe1st shankz29 scorpiali Cryptobigg Pjdanis Marekiaro Mynima Ma...

Statera is an amazing move, but Publish0x should change Ampleforth for Ravencoin.

19 Feb 2022 2 minute read 9 comments Fgeletterd

Hi again and welcome to my blogs. Ampleforth has been around for a while here, and it barely grew. Farm was a disaster as well (sorry Publish0x). And now they are going to tip in Statera which is amazing. Statera works on the Fantom Network, and I ca...

BTC, FTM, SOL and STA | Chart Analysis | Crazy Day | 16 MAR

16 Mar 2022 1 minute read 2 comments Joao16

Bitcoin Analysis BTC is having an crazy day.. and it just started. Yesterday he manage to stay above 37.5K and today start going UP so fast but reject 42K and start going down again. Because is the start of the day we have a lot to see and everythin...

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...

FARM or STA - What to do with your existing Publish0x Earnings

23 Feb 2022 6 minute read 5 comments cryptogod-1

Hello everyone, I hope you all are having a nice day, welcome to CryptoGod-1's blog on all things Crypto. In this post I will be looking at the recent change to the payments on Publish0x, with FARM being phased out and replaced by STA on the Fantom N...

ETH, BNB, LUNA and STA | Chart Analysis | Sideways Until 2024? |16 APR

16 Apr 2022 1 minute read 3 comments Joao16

Ethereum Analysis ETH is trying to break EMA56 for real, if that happens EMA500 will be our last hope to mantain a Bull Market. In my opinion we are going to break it since we couldn't go high this time.   LUNA Analysis Luna like i said before is p...