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May 24th, 2020
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  1. πŸ“’DEAR ESTEEMED COMMUNITY.πŸ“’
  2.  
  3. We apologised for the long silence, It is all for the best.
  4. Ever since the project was created, Scott @lothlor have been working to ensure
  5. it's sustainability and usefulness. Scott came up with different ideas but all failed.
  6.  
  7. A few months ago, He made an announcement about an Index Token, hoping it will be a turn
  8. of event, however was short-lived as a result of certain errors.
  9.  
  10. The idea of an indexed token coupled with a deflationary feature seems about what is needed to
  11. make the project demanding, This made me went back to work and maintain this long silence, however, with the help of @bakreemah
  12. and @khang365, this community has been able to survive, and together the three of us have been trying to ensure you are being rewarded in away
  13. or the other. We understand at some point, the community lost interest in the project, this will understood the reasons, and you can't blame it entirely on us,
  14. coupled with the Pandemic, things just wen from bad to Worse.
  15.  
  16. THE PRESENT
  17.  
  18. Regardless of the situation the world is currently facing, we did not stop working. Last month I was able to
  19. solve the puzzle have been long trying to solve, and I was able to come up with a positive result.
  20. On this note, I will like to announce that all our token suite will be decommissioned:
  21. BURN, ASH, CNR.
  22. Yes, we are getting them out of picture, however replacing them with something far better.
  23. An Indexed Deflationary Token.
  24.  
  25. THE FUTURE
  26.  
  27. STATERA [STA]; An Indexed Portfolio Token with a Deflationary attribute.
  28. This new token is a portfolio of some ERC-20 tokens including ETH itself.
  29. STA has already been deployed, and awaiting listing on some exchangers.
  30. While we awaits listing on other exchangers, STA can be currently traded on: https://beta.balancer.exchange/#/swap/ether/0xe343245de92181bc06ba5cd1152c705a2c5f3e2f
  31. AS of now, you can only buy STA with either ETH, MKR, SNX, LINK, DAI, sUSD, or DZAR.
  32. currently, 1 DAI = 3k STA.
  33. STATERA TOKEN DETAILS:
  34.  
  35. TOKEN CONTRACT ADDRESS:
  36. https://etherscan.io/token/0xe343245DE92181bc06ba5Cd1152C705A2C5F3E2F
  37.  
  38. TOKEN CONTRACT PORTFOLIO:
  39. https://etherscan.io/tokenholdings?a=0x1b09173a0ffbad1cb7670b1a640013c0facfb71f
  40.  
  41. THE INDEX PORTFOLIO INCLUDES:
  42.  
  43. 70% of Volatile markets: ETH, MKR, SNX, LINK.
  44. 30% of Stability: DAI, sUSD, DZAR.
  45. This tokens can be replaced depending on the community opinion and the performance of the tokens.
  46. 50 ETH has been added by DEV team to start.
  47. How it works; if user buys STA with ETH then the ETH gets split in the ratios above.
  48.  
  49. TOKEN SUPPLY: 100 MILLION
  50. 80% of the supply goes into the Smart Index Contract;
  51. 10% goes to Uniswap liquidity;
  52. 10% will be kept with me for future development or community reward purpose.
  53.  
  54. As you can see, we have been having it really rough, but we are glad we came out with something positive at the end of the day!
  55.  
  56. Note, all BURN and ASH token holders will be rewarded for their support.
  57.  
  58. Further announcement will be made regarding decommissioning of other tokens.
  59.  
  60. Thank you for being with us all this way and for your understanding, we hope this opens a new door to
  61. something great within this ecosystem.
  62.  
  63. We also wish you safe stay wherever you are as this Pandemic continues to sweep across the World.
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