UNIPOWER’s First Community Created Dapp: STATIC (Safe and Verified Contract) [Just Launched 6/7/2020]

By June 8, 2020DApps
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What does STA do?

>Money --> STA --> Thanos burns STA --> Thanos balances Index Fund pool via arbitrage --> STA appreciates

Won't whales fuck us?

>Money --> STA --> Thanos burns STA --> Whales dump on us trying to swing/FUD/whatever --> Thanos BURNS MORE STA --> STA APPRECIATES

Where can I buy?

Use THIS link to buy STA, none other. Look for "3DeED1" in the link. Check for yourself here: https://stateratoken.com/ --> "Trade"

Where do I put my liquidity?https://pools.balancer.exchange/#/pool/0x0e511Aa1a137AaD267dfe3a6bFCa0b856C1a3682

Pool explanation:

Ok, now let's take an example. In the beginning, all of the 5 tokens were worth $1000, so the pool size was $5000.

Now, say all other 4 tokens remained at their old value ($1000 / token), but STA did a x10, so STA value in pool is now worth $10,000.

That's much more than 20% of the pool, so the balancer must balance it out.Note that now the pool size is $10,000 (STA) + $4000 (other 4 tokens) = $14,000.

So, to balance it out, each token should now have value of $14,000 / 5 = $2800.

To reach this goal, the balancer must sell the excess STA, and that would be $10,000 (current worth of STA) - $2800 (the new target worth of STA) = $7200.

The balancer (Thanos) sells the excess on various exchanges to which it has a trading bot interface to. Currently, it's only Uniswap.Note that by selling, it performs transactions, and thus burns tokens, so the supply also decreases!

So, now that the balancer has sold the excess STA, it obtained $7200 dollars (say, in DAI coins).

Now, to balance out the other 4 tokens, it must buy $7200 / 4 = $1800 worth of each token.

So, it buys $1800 worth of ETH, $1800 worth of LINK, etc.

In the end, it's all balanced at 20% for each token - all 5 tokens are now worth $2800 dollars each!And the total pool size remained at $14,000 dollars - so no value was lost!Plus, you also get the trading fees, which are added to the pool!

That's the magic of the balance pools.

From the statera telegram group:

Hey guys, we're now listed on uniswap.vision.

You can now view a real-time candle chart of the STA-ETH pair by accessing:

In the top left type in STA and it will be accessible there, thanks!

To all those who have requested a one token solution to provide liquidity pool on balancer for STA before Balancer releases a solution, here is a complete guide to how you can provide Liquidity to STA pool on Balancer with ONE TOKEN:

❕❕❕ Myself and a few others have tested this out and it work perfectly following the instructions in the article. Note: This has only been tested using metamask. I am not sure it will work on other device especially mobile device or dapp browsers.

>Money –> STA –> Thanos burns STA –> Thanos balances Index Fund pool via arbitrage –> STA appreciates

Won’t whales fuck us? >Money –> STA […]

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