An Ethereum smart-contract token with a difference Deflationary Statera's core algorithm is designed to ensure that for every transaction, 1% of the amount transacted is destroyed. Exchange Smart-exchange routing, including, but not limited to, Kyber, 0x Relays, Uniswap, Balancer & 1inch. Portfolio Constant arbitrage trading opportunities keep Statera's portfolio weights and tokens in a constant ratio. Statera rebalacing Every trade for Statera creates an arbitrage opportunity. Trading attracts liquidity, which in-turn attracts trading. Liquidity ripples and the supply of Statera decreases. 'statera' is derived from the Latin word for 'balance'
Wrapped Bitcoin Tokens (WBTC) is an ERC20 token fully backed by real BTC. The proof of reserves is on-chain, showing the exact 1:1 ratio between minted WBTC tokens and BTC stored by the custodians. A collaborative effort with a community of partners to bring Bitcoin to the Ethereum network will bring the stability and value of Bitcoin to Ethereum's expansive ecosystem of decentralized applications.