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

 


Fuck this Shitcoin (and Statism); I'm out!

19 Feb 2022 1 minute read 11 comments Great White Snark

This morning, I received an email informing me that on the 28th of February 2022, Publish0x will officially be dropping support for tipping in shitty ERC20s (Ampleforth and Harvest Finance) in preference for ... yet another shitcoin, called Statera (...

Yield Farming with Statera (STA) earned on Publish0x

19 Feb 2022 4 minute read 5 comments CryptoMasterMiner

I've been into Yield Farming for about ten days now and really enjoy learning about all the different aspects of this complex process.  I can tell that yield farming is something of interest to the readers here as the views on my two articles on 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...

What Is Fantom Protocol?

17 Feb 2022 1 minute read 0 comments R23

    Yesterday on Publish0x, the tips for FARM were replaced by Statera. According to their website, Statera "is a smart contract powered Indexed Deflationary Ecosystem, which synergizes with a trustless and community-driven portfolio of clas...

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

17 Feb 2022 1 minute read 72 comments ITofPub0x

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...

My View on the New Token on Publish0x - STATERA

17 Feb 2022 1 minute read 0 comments Chris Maillet

Statera is the new Token on Publish0x and the first on the Fantom network. Statera will be replacing FARM which i think is a good decision considering comparing FARM and STATERA. FARM STATERA With STATERA comes a new and fresh coin that has a good...

So What is Statera?

17 Feb 2022 2 minute read 8 comments VVoytila

With the inclusion of a new reward coin to publish0x some of you might be wondering what that is and whether it is any good. As someone who has been a holder of Statera for quite some time I would like to share some general news/impressions with you,...

Publish0x Integrates Fantom Network & Statera (STA) Token | Everything You Need to Know

16 Feb 2022 4 minute read 13 comments Zacharias

16 February 2022: Publish0x has announced that the platform is officially integrating the Fantom Network. This will occur initially through utilizing the Statera token (STA) for tipping. This will replace Harvest (FARM). This is a fantastic move for...

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...

Publish0x Token Swap Leads to a New Opportunity! Bye FARM Hello Statera!

16 Feb 2022 2 minute read 11 comments Cje95

As a huge Harvest Finance supporter, I am pretty bummed to see FARM go as a tipping token but when one door closes another opens! I have to say I earned more FARM writing on this platform than I ever imagined possible and have so far rolled all that...