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https://medium.com/@stateraproject/lost-liquidity-fund-update-d78065a59dc4 JUN JUL SEP Previous capture 02 Next capture 2019 2020 2021 3 captures 2 Jul 2020 - 27 Sep 2020 About this capture
LOST LIQUIDITY FUND UPDATE
We deeply regret, apologize and sincerely extend our condolences to all the victims of this attack. We do not want to rush into taking decisions as we are figuring the best solution to resolve what we can.
At the moment, no solution has been decided upon. However, we are considering a number of options.
To address certain issues that has been raised by the community, we would like to say that the project can’t afford a refund. However we are figuring out the best alternatives to get the project back to where we were before the attack.
Note: STATERA TOKEN CONTRACT is fully audited (https://bit.ly/statera_audit) by a verified third party, our code was not exploited in this attack. Our ship is tight, and we have no leaks. We remain committed to our code and our token.
A few clarifications:
We have been called a “Non Standard Erc-20” token, that is false, we would qualify under any ERC-20 “standard”. It was insinuated that: our code is not “compliant”, our code is “compliant” our protocol is “malicious”….it is not malicious our protocol is “broken”…we are not the broken code in this exploit Our token behaves in “unintended ways”. Our token burns 1% of each transaction, that is intended and fully predictable. Again, our code was not the one that behaved in an unintended way in this exploit.
Details on how the attack was carried out can be found here
We are still here, we aren’t going anywhere. Deflationary Index Funds are a way to get cryptocurrency in every portfolio, they can help to make cryptocurrency investing more accessible and successful. We will look for alternatives and forge forward. Our aim, our focus, our future has not changed, these things remain true, and will always be true:
Statera’s Mission Provide every investor with simple and effective ways to invest in cryptocurrency. Decrease volatility and increase positive price pressure in cryptocurrency investments. Lower the barrier to entry for more advanced investment tools. Be a community focused and community driven cryptocurrency, fully decentralized by every meaning of the word.
Statera’s Vision We aspire to put “cryptocurrency in every portfolio”. We envision a world where finance is given back to the people and wealth building strategies withheld only for affluent individuals are given to all. Statera will be a revolutionary investment tool that brings more people into cryptocurrencies and maintains their privacy, security, power, and autonomy. We strive to create an investment ecosystem based on sound monetary policy and all the power that comes with a sound asset.
Once again, our sincere condolences.