Investing in Statera’s Deflationary Index Fund

STATERA PROJECT
4 min readJul 2, 2020

This article is written to walk you through how to invest in the new Statera Ecosystem. Statera is focused on bringing Deflationary Index Funds to Defi. The deflation decreases volatility and increases positive price pressures. It also increases fees paid to our users, so far netting around 15–20% per month for our holders.We believe these benefits will bring cryptocurrency to every portfolio on earth. We will focus on three options to invest in our ecosystem:

TOKEN

STA Token- Trade this to benefit from the price action of our whole ecosystem: Trade Here

UNISWAP POOL TOKEN

Note: these instructions are for MetaMask users

STA Delta Token- An ERC 20 standard token which is 50/50 STA/ETH, this will earn you fees, will be trade-able, and can be used to add to Phoenix Fund.

  1. Go to this link
  2. Click “Pool”
Click on the Pool tab

3. Enter the Amount you want to pool or press “MAX” to pool as much as possible (make sure you have Ether left over for gas fees).

4. Press “Approve STA” (you will only have to do this once, the very first time you add liquidity), confirm on your wallet, wait for the transaction to complete.

5. Click “Supply”

6. Confirm on your wallet, wait for the transaction to complete.

You now are holding Statera Delta Tokens (ETH/STA Pool Tokens), enjoy your dividends or add your Delta to Phoenix! Also be aware of impermanent loss, the higher fees generated by Statera can offset this, especially over time, but know your investment!

BALANCER POOL

Phoenix Fund — a secure deflationary index fund of 40/30/10/10/10 STA Delta/wETH/wBTC/LINK/SNX

  1. Go to this Link
  2. Click “Add Liquidity”

3. Click “Setup” (if it appears)

4. Confirm on your wallet, wait for the transaction to complete.

5. Click “Next” when it appears

6. Click “Add Liquidity” again

To add if you have all five tokens

We recommend this method

  1. Click “Unlock” for each asset, you will only have to do this once, wait for each transaction to complete before unlocking the next asset

2. Click the amount you want to invest or press max and the Balancer will fill in the other values for you, in this example we chose to add 2 SNX

To add with one token

  1. Click “Unlock” for the one asset you want to use
  2. Click “Single Asset” at the top
  3. Enter the amount you want to add of one token
  4. Click “Add Liquidity”

Pay attention to the “slippage” when adding with one token. We found that adding less than $700 (3 ETH) should cause less than 5% slippage. Quick math can tell you your slippage, in the example of above, my pool share is going from .0031>.0037, which is an increase of .006.

The pool size was $14,299 at the time of writing. .006x14299= $8.57. Ethereum was 225.51 at the time of transaction. I put in .04 ETH, so .04x225=$9. So my slippage was 43 cents, or 4.7%. This will improve as liquidity improves, but we do recommend the five token method as the best option currently, especially for large amounts. You can trade for each of the tokens on your favorite exchange if you don’t currently have them.

For more on our options check out this article or this info-graphic

CONTACTS

Website: https://www.stateratoken.com

Socials: Telegram, Twitter, Announcement, Medium, Publish0x.

Support: support@stateratoken.com.

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STATERA PROJECT

STA: a smart contract powered Indexed Deflationary Token which synergizes with a trustless & community driven portfolio of class-leading cryptocurrencies.