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Statera is a deflationary index fund catalyst. It works by being inserted in multiple different liquidity pools with an AMM (autobalancing pools). Because of the deflation there will be constant imbalance meaning the volume is much higher than in other regular liquidity pools. The wrapped version of Statera (which doesn't burn itself directly) is in a pool with regular Statera on Uniswap. Whenever an event of autobalancing occurs that includes either Statera or Wrapped Statera, there will be a ripple effect throughout the entire Statera ecosystem and all the pools creating more volume everywhere. This also creates arbing opportunities out of thin air, which in turn leads to even higher volume. Prior to Statera the deflationary tokens have failed because they haven't had a purpose, this is not the case with Statera as the deflation is both genius and crucial to how and why the ecosystem performs so well. The deflation also works on a macro level as the supply decreases (will never reach absolute zero) increasing positive price pressure of the token itself.
Seems too good to be true? What about the contract and the devs? The contract is fully audited and IMMUTABLE. The dev team own less supply than some of the top holding wallets, after a flash-loan attack that happened on Balancer where they refunded 2M USD worth of tokens. They didn't have to do this, they were fully anonymous and Statera was a small cap project, yet, they did it.
Are you wondering why the price dropped so much before it just now started taking off again? There was a whale with 6M tokens who dumped all of it over the course of months. As soon as he was done price did a 4x up to 0.12 from 0.03, but another unfortunate event happened as a Statera whale with 900k tokens downloaded metamask as a .exe file and got scammed for all his tokens. The scammer sold all tokens in a matter of days which caused price to drop back down to 0.05-0.07 cents for a while. It's one of the most if not THE most battletested and most decentralized token out there. It has survived everything and the community (consisting mostly of 4chan's /biz/ users for now) has started calling it "unkillable" and "inevitable".
Quoting the Balancer devs "Statera works so well it's almost like it's gaming the system".
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