RE: Statera – DeFi 2.0

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It is Balancer which does everything. :) Statera provides deflation in the particular pool and that makes the pool unique.



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Safe deflation. I think that's worth mentioning because defaltionary tokens can be abused really heard in Balancer. After the hit in June, Statera transitioned to the Delta token which allegedly is a safe way of introducing deflation in the Balancer pools.

My point is, we shouldn't advise people to put their money in Balancer pools with defaltionary tokens wince other projects may not be as willing to refund people's money like Statera was.

I know you didn't encourage that, but I think we should always use the terms Statera and Delta Token accordingly so that people don't just go invest their money into Balancer pools with deflationary tokens thinking that this is what Statera's doing anyway.

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That’s the thing. Statera is saying like they are equal or equilibrium or whatever but actually balancer is doing the work. And they are saying like get the delta token and put that into balancer is like... what is statera actually doing. I was confused 😔

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I guess the only merit is the ideea and the implementation of the defaltionary thing. They're also providing support, pretty great from what I've heard

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I think the idea is great. It sounds very promising. Does delta token actually earn you money?! How is it doing 🤔

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So, according to the image on my Publish0x I have invested 158.838 STA and 0.0258 ETH in the pool. Right now I have 159.436 STA and 0.260 ETH.

So, not accounting for changes in the market price, I have invested $20.8 and now I have $20.94 => $0.14 profit

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That is not too bad I guess? Plus you will get $30 DAI from the contest 😉

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How do you know that? It was supposed to be secret 😳🧐

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Its obvious read all the other posts. Most of them are like half ass what is statera? kind of thing that is like straight out of their homepage 🙊 🙉 🙈

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Whooo that's harsh 😂😂😂. 🙀🙀🙀🙀

Thank you for the honest input. There a couple of good posts though, mine included. I think mine's the most casual, maybe that's why so many people liked it 😄

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Yes when I read a post I want some 🤯 🤯 🤯 factor. You got one I think few other post got one. a lot of them... nothing 🤣

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Tomoyan dropping the bombs right here 😂😂😂

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Oh no... I didn't say like a mean way... I tipped them for their effort.
but I was just being honest 😆

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Btw you should check your Brave GitHub rewards, I think Santa Clause might have left something for you there 😂😅

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Really? Let me check 🤩
OMG 10 BAT? is that you?

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Nooo, it's Santa 😂😅

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I thought santa was my mom 😝

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Santa's real. Since he only works one night a year, he spends all the other days crypto-trading and using Brave. 😂

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The Balancer hack happened due to the loopholes in Balancer Protocol. I think Balancer refunded all investors as the pool was whitelisted then. Obviously, such things are extremely risky.

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Yup it was Balancer's fault, their exchange code was faulty, but Statera team was the one that made the refund as far as I can tell

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