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

 


Giving Statera The Full Publish0x Experience™

9 Aug 2020 6 minute read 7 comments Absolute Unit

As you undoubtedly know Statera recently opened a writing contest here on Publish0x where the topic given was "anything you want to write about Statera". Which got my juices a'flowing, what better way to write about Statera than to give it the Full P...

#MyStateraProject Contest Winners Announced: $500 in $ETH Given Out!

19 Aug 2020 3 minute read 30 comments igort

There were some wonderful entries into the MyStateraProject writing contest and Twitter giveaway! Thank you to all of you who have participated.   These are the changes to the rewards pool (a $150 in ETH Increase - $500 in ETH Total Prize Pool!): S...

off-topic: let's talk about Moscow Mule

19 Jun 2022 1 minute read 3 comments LeftFooted

Somewhere, sometime three years ago I met Faith. Well, her name's not Faith but we'll call her that because her name's Arabic and that's the closest you can get to an English equivalent. Just like everything else this year, things were things were f...

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...

Yay Statera! HEY we finally understand Statera. Wait, what the h-ll is Statera?

8 Aug 2020 9 minute read 12 comments Dave Sawyer

Crypto fans we love you, thanks for your work in separating money and state.   Our leader Igor has thrown down the gauntlet again, so it's time to rev to redline and dump the clutch in the drag race for crypto truth.  As Texas real time systems contr...

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...

Stater

7 Mar 2022 1 minute read 0 comments Adamb84

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....

Statera's Twist: Deflation and Balancer Loop

8 Aug 2020 4 minute read 1 comment 0fajarpurnama0

Finance + Deflation As the title states, Statera (STA) is a Token that makes an interesting combination between deflation and decentralized finance (defi). Although deflation is the trend during this COVID-19 pandemic where central banks are inflati...

#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...

STA and Statera - Deflation, Deltas & more

21 Dec 2020 2 minute read 0 comments CryptoKraut

New to Publish0x? Register here (affiliate link) and start earning crypto everytime you read or write an article.​ What is StateraStatera (STA) is an Ethereum-powered deflationary token pegged to an index fund. The STA token acts as an asset and als...