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288.25 Karma

Review on STATERA by gregori cordova

Revainrating 5 out of 5

an investment mechanism that seeks to balance the token price ecosystem through deflation

In the cryptographic environment, there are various mechanisms used to make the number of tokens in circulation of a given cryptocurrency decrease with each transaction, which is an intentional measure used by the token's creators to primarily provide greater incentives to investors. This token burning mechanism is a deflationary process. Statera STA, is also a deflationary touch powered by the ethereum network and they are linked to an IDT index fund. The STA token is linked with portfolios of different types, and helps all of them evolve and generate liquidity, making the ecosystem competitive, since it works as an asset in an index fund in which the value of the other tokens would generate pressure positive and a kind of balance for statera. The ecosystem is based on an algorithm in which for each transaction carried out with the STA token, 1% is totally burned, making them unusable in the future and that allows that, as there are fewer coins in circulation, they can increase their value. Through the use of arbitrage in the markets, and through smart contracts, participants who facilitate any operation are awarded a reward. By including the STA token in any index fund, it will increase profitability and generate positive pressure on the price of those tokens, balancing the entire ecosystem in general.
With the use of Statera, many investors can benefit, as they will obtain promising rates by investing easily in certain assets, in a community driven environment through smart contracts



Pros
  • The main positive aspect of the STa token is that it helps to decrease the volatility of the tokens and to allow a positive pressure on prices
  • With the use of index funds, any investor can benefit from participating
  • Represents a novel investment tool, in which anyone can participate, and fully driven by the community in a fully decentralized environment
  • As you make each transaction with the STA token, 1% of those tokens are burned or destroyed, causing the total supply to decrease and a favorable price increase to occur.
  • Statera has several index funds, which can be accessed directly from its website, and which are easy to access.
Cons
  • Nothing negative to add for now.