Stasis Network: The Next Generation of DeFi Protocols
We would like to announce the launch of the next generation of DeFi protocol, Stasis Network. Designed as a DeFi Fund, the objective of this new organization is to provide the space with a sustainable addition to their portfolios and to introduce a new audience to the space by bridging the gap between the crypto-curious TradFi community and DeFi.
Using a deflationary, fungible token ($STS) as the medium of exchange, Stasis Network will professionally manage a Treasury made up of a diversified portfolio of on-chain assets, with the objective of growing the value of the fund over time and reducing and burning the number of tokens in circulation.
Passive Income Pacified
One of the largest issues with the crypto ‘passive income’ is that it requires a lot of attention on behalf of the user. Whether it is daily or weekly, users must manage their rewards. Stasis Network is introducing a new feature to solve this called Dynamic Strategies. Users will be able to customize and automate what happens to their rewards.
By handing control back to the user, Stasis Network allows each individual to manage or automate their personalized strategy. No longer do you have to suffer a standardized payment option. Now you can choose how, how much, and in what manner your passive income is realized.
Less Innovation, More Execution
One of the lingering issues with the DeFi space is a need for more business-centric leadership and problem-solving. Too often, the ‘engineer/developer’ mindset finds itself in the role of ‘project leader,’ and they are not always geared toward maintaining a protocol-wide view and taking care of the user. User sentiment is our top priority from day one.
While the team behind Stasis Network loves the innovations in crypto and DeFi, one of our primary objectives is to expand the borders of DeFi, and grow the population of this space we are so fond of. We must do this by simplifying our message, reaching out and meeting people where they are, and bringing them along slowly into this space.
Fair Launch and Presale
The Stasis Network Presale will tentatively be conducted from June 9–11. There was no secret seed phase or VC funding. The development and marketing of Stasis Network was self-funded by the team. This will be the only raise conducted before the protocol launches in mid-June.
The token presale price ($0.01) will be the launch price when trading goes live. This is a fair launch and a protocol designed to operate for years, as long as crypto itself is viable. Presale buyers benefit from no Buy Tax (5%) and no price impact. Aside from these, there will be no discounted presale price or bonus tokens.
Additionally, there is no team allocation of tokens. The team will be participating in the presale alongside the users. Every token is allocated for pre-launch and will be utilized to push the protocol forward.
Bridging TradFi and DeFi
The DeFi space is small. There is a whole world of finance and crypto-curious individuals out there who want to participate in the emerging web3 space, but have yet to find a soft landing spot. While most of the web3 space focuses on innovating, Stasis Network will be focused on expanding.
Our target market is everyone, everywhere. We use traditional terminology to make the intimidating DeFi space more accessible and relatable. We simplify our systems and processes to shorten people’s learning curves. From a narrative standpoint, we travel to those who are on the fringes of DeFi and crypto, appeal to their established knowledge base of TradFi and usher them into a new experience in Stasis.
Bridging Crypto Sectors
Not only is Stasis Network a DeFi protocol, but it also features an incredibly designed ‘Liquid Decaying’ NFT we call the Stasis Viking Collection (SVC).
It is also a functional NFT that pays out weekly rewards to the holder from a smart contract with locked token supply. The NFT is considered ‘liquid’ because it can be redeemed for a fee if a holder wishes to gain access to the tokens backing the NFT. The ‘decaying’ feature allows the smart contract that holds the rewards to consistently release tokens to NFT holders by decaying on a percentage basis ever so slightly each week.
No Locking Mechanisms
In the crypto space, locking mechanisms are popular but misguided. The Stasis Team believes that locking user funds is always a net-negative outcome, either short-term or long-term. Look at what happened to PancakeSwap’s $CAKE token in the last month (-50% price action). There are even entire Twitter accounts dedicated to tracking blue chip unlock events so they can time ‘shorting’ them.
In Stasis, there will be no hostages. Users will be able to move freely between features, provided they account for the fees associated with them. The fees built into the Stasis system are akin to a traditional finance mutual fund’s ‘performance fees.’ While these fees have a purpose, they can be fairly assessed without feeling overly punitive.
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The key behind Stasis is changing the narrative for DeFi from intellectually exclusive to massively accessible. We can’t talk about mass adoption without talking about the space in a way the masses will understand. Protocols shouldn’t just be accessible because their systems are easy to use. They should also be accessible in the way we talk about the space.
Stasis Network will usher in a new paradigm for DeFi. Small innovations are leveraged to make the space easy to understand and easy to enter. As the protocol matters, we will continue to tear down those barriers to entry. Welcome to Stasis Network.
To find out more about Stasis Network:
Website: https://www.stasis.network/
Documentation: https://docs.stasis.network/stasis-network/
Bloomberg Press Release: https://rb.gy/0l1kc
Social Media for Stasis Network:
Twitter: https://twitter.com/StasisNetwork
Youtube: https://www.youtube.com/@StasisNetwork
TikTok: https://www.tiktok.com/@stasisnetwork
Discord: https://discord.gg/stasisnetwork
Telegram: https://t.me/thestasisnetwork
Reddit: https://www.reddit.com/user/Stasis_Network
Stasis Network is a subsidiary of BlockCentral Inc, a Panama-based company focused on the advancement of blockchain adoption and education.
