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STATERA (STA) is a smart contract-powered Indexed Deflationary Ecosystem designed to create arbitrage opportunities and generate higher fees for liquidity providers. It synergizes with a trustless and community-driven portfolio of class-leading cryptocurrencies, resulting in volume rippling across the entire Statera ecosystem. With its main use-case coined as “Volume Farming,” Statera aims to provide a decentralized finance platform accessible to everyone.
Statera prides itself on being one of the most decentralized projects in the DeFi space. Decisions are voted on through a DAO/Snapshot, and the treasury is held in a community-controlled multisig wallet. Additionally, the keys to the contract have been burned, making it immutable, similar to Bitcoin. This emphasis on community-driven governance ensures a more equitable financial system.
The availability of STA and wSTA, which can be converted for each other at an accounting rate of 100:99 (accounting for deflation), creates constant arbitrage opportunities for active traders and bots. These transactions boost volume throughout the Statera ecosystem, paying higher fees to liquidity providers. Statera can be bought on the Fantom Network to participate in the deflationary ecosystem, which supports the ecosystem through low-fee transactions.
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