Im kinda new to the DeFi Space and came around this Token here:
which claims to be a fully decentralized, self balancing, deflationary crypto Index fund.
This sounds very crazy to me, but it seems like they are fully audited by some blockchain security company called hacken.io
The economics of this project sound too good to be true, so whats the catch here? 99.99% of the time when something sounds too good to be true it really is...
Here is a pretty good youtube video explaining the eco system https://www.youtube.com/watch?v=bRoOW-Uu2pQ&feature=youtu.be
via DeFi https://www.reddit.com/r/defi/comments/i7dx0l/statera_token_what_do_you_guys_think_about_it/
Welcome to DeFi, a sub for building the open financial system. Here you can discuss project ideas, articles, events, questions, support, and other topics related to DeFi development. The projects involved in DeFi are Dharma, Set, Abacus, 0x, and Wallet Connect.