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TOKEN REVIEW: STA, A Community-Driven Indexed Deflationary Ecosystem by mikezillo

View this thread on: hive.blogpeakd.comecency.com
· @mikezillo ·
$8.49
TOKEN REVIEW: STA, A Community-Driven Indexed Deflationary Ecosystem
![](https://images.ecency.com/DQmbCy4fmBmqVUqZznMsN9EzXGbqtNgMkEvUdismFqgfepC/image.png)

In this article we talk about more features of **Statera**!

In the yesterday's article I introduced you **Statera (STA)** and I said that **is a smart contract powered Indexed Deflationary Ecosystem, 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**.

The **total supply of 101 million Statera** tokens were minted on the Ethereum network.

As the Statera Ecosystem thrives on low-cost, high-frequency transactions, they have bridged their tokens and ecosystem to the Fantom network where STA continues to burn with every transaction. They believe that Statera is the first multi-chain project to burn across networks.

By enabling any imbalance in the ecosystem - however slight - to result in a successful trade, volume spreads throughout pools, resulting in higher fees paid to liquidity providers and an ever-decreasing supply of Statera.

**Statera Ecosystem**

The Statera Ecosystem consists of several key liquidity pools that combine to result in additional volume being generated through inbuilt arbitrage opportunities and deflation. At one end of the Ecosystem, we have the **STA token**. All on-chain transactions result in 1% of the transacted amount being permanently removed from supply - applying positive price pressure across the ecosystem.

At the other end we see wSTA introduced into a suite of Index Pools, namely **Dante Symphony**, which contains wSTA, BTC, ETH, FTM, and BEETS. The majority of wSTA liquidity is concentrated here. And at the heart of the Statera Ecosystem is the Infinity Pool. This 50/50 STA/wSTA liquidity pool allows for successful arbitrage opportunities to occur between the two tokens whenever they fall out of peg, as both the tokens are individually traded against other pairs yet can be converted for one another.

Now let’s look at **STA**.

![](https://images.ecency.com/DQmREX5uWMZeaLPArA8FzPykWriyeeAqijtQvLQbB7b16kq/image.png)

Statera is actually trading around 0.006/0.007$ after an all-time high of 0.36$ reached in August 2020. Actually, volumes are very low and according to CMC, STA it’s not listed on many exchanges.

![](https://images.ecency.com/DQmZ9yrKGEnfx91JdQDLmPt5wkaqP913Xw8nfrq3ob4wKxi/image.png)

**What do you think about this crypto?**

Next week I’ll introduce to you a new cryptocurrency.

Be sure to **follow my profile** for receive the notification of my next articles on hive.blog!
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 472 others
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vote details (536)
@arcange ·
Dear @mikezillo,<br>May I ask you to review and support the Dev Marketing Proposal (https://peakd.com/me/proposals/232) we presented on Conference Day 1 at HiveFest?<br>The campaign aims to onboard new application developers to grow our ecosystem. If you missed the presentation, you can watch it on [YouTube](https://youtu.be/DZ9MpQQoPu4?t=18434).<br>You cast your vote for the proposal on [Peakd](https://peakd.com/me/proposals/232), [Ecency](https://ecency.com/proposals/232), [Hive.blog](https://wallet.hive.blog/proposals) or [using HiveSigner](https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22232%22%5D&approve=true).<br><br>Thank you!
πŸ‘  
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@mikezillo ·
Sure! Will do it straight away!
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@arcange ·
Thank you for your support @mikezillo, really appreciate it! πŸ‘<div class="pull-right"><a href="/@hive.engage">![](https://i.imgur.com/XsrNmcl.png)</a></div>
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@zealous4ever ·
Thanks for this post, checked CoinMarketCap, it looks attractive to invest in it, but I discovered something,  wouldn't wish to make any comment here. However, am getting some bags of that in case it πŸš€ πŸš€ πŸš€ 
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