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 inflating the currency supply, deflation alone will not give Statera much value with many reasons. One of them is that deflationary currency is nothing new where the earliest deflationary token that is surviving well until now is BOMB and I will be directly frank that if all you want is a deflationary token then go to BOMB instead of Statera.
For deflation to be attractive, it must occur due to market movement. Like BOMB, Statera burns 1% of each transaction. Now, the question is, how to make people perform more transaction? Ofcourse, the answer is to deliver value. One of the best way to deliver value is to have a product and what product does Statera provides? A balancer, a great product to twist deflation.
Getting their Index Fund
- If you have Ethereum, you can just transfer them to a web3 wallet. If not, then start from the beginning in how to obtain Ethereum and learn how to use decentralized exchange and DEFI.
- Go to their website, and click the trade menu to get some Statera (STA), also get wETH.
- Go back to their website, scroll down, click the button stating providing liquidity for Statera (STA) in uniswap, and provide liquidity by locking equal amount of Statera (STA).
- To see the delta token contract address, just paste your wallet address in any Ethereum explorer.