Introducing Savix.org - A perfect collateral for DeFi.

 


Hello dear readers, it is my delight to bring to your way this important information just as it is my usual practice. I would like you to relax and read through this tips of but enriching information with great benefits and awesome. Friends, it’s all about Savix - automated gas-free staking•

Take your time to read through the detail below.

•About Savix - automated gas-free staking•

The Savix project aims at making decentralized finance products available to non-tech-savvy users. The Savix token enables gas-free automatic staking rewards.

With Savix a virtual currency is now available for the first time, which gives the opportunity to profit from staking rewards while keeping token unlocked and liquid, freely available for use in any DeFi product at the same time.

•Description•

- Predictable self-staking protocol

- Gas-free rewards directly to your wallet

- Compatible with any DeFi project

- Fully automated - 100% passive

- Multiple layers of passive income

•The Vision•

Our main objective is to let users profit as much as possible from new investment opportunities created by decentralized finance with as less barriers as possible. Staking works fully automated while keeping full flexibility of token usage. Using Savix multiple income streams can be combined.

We believe, Savix is a good collateral for decentralized finance because, it is:

1. Multi-Beneficiary

enabling multiple simultaneous profit opportunities

2. Convenient

100% passive with no need for user decisions or interactions

3. Flexible

being compatible with any Ethereum based DeFi project

4. Fair

adjusting balances “non-dilutively”, not preferring big holdings

5. Transparent

open-source, unambiguous and not manipulable supply

6. Stable

not creating selling incentives after locking periods

•Savix Trinary: 3 Income streams explained•

Savix “Trinary” will be our first Dapp to demonstrate the power of our ERC20 embedded staking protocol. Users receive three distinctive income streams utilizing a single, easy to use DeFi Dapp.

1. Staking rewards

SVX holders earn Savix staking rewards from the embedded staking protocol while tokens get used as liquidity.

2. Uniswap Rewards

There is a 0.3% fee for swapping tokens on Uniswap. This fee is split by liquidity providers proportional to their contribution to liquidity reserves. It is functioning as a payout to all liquidity providers proportional to their share of the pool.

3. Trinary rewards

Whenever liquidity is deposited into a uniswap pool, special tokens known as liquidity tokens are minted to the provider’s address, in proportion to how much liquidity they contributed to the pool. These tokens are a representation of a liquidity provider’s contribution to a pool. With Savix “Trinary” it is possible to deposit savix liquidity tokens for up to 6 month to receive yet another reward layer: ETH from our ecosystem pool. We expect a return of 7% to 15% of initial investment directly paid in ETH over the first 6 month.

•Savix Staking Rewards — An Example Calculation•

The chronologically fixed supply curve enables exact prediction of staking rewards for any point in time. This absolute transparency leads to the fact that no special stimuli for token dumps arise at any specific moments. This is one important difference to traditional pool based staking methods.

The total supply is recalculated with each token transfer executed by the smart contract. This way the staking mechanism gets by without any external triggers. All Savix balances will grow up to 3 times of the initial investment during the first 5 years.

To set some buying and holding incentives kick-starting the ecosystem early investors are rewarded with daily interest rates of more than 2% within the first days after the staking starts. If you start with an investment of 100 Savix (SVX) you acquire before the staking mechanism is activated (directly after Uniswap trading has begun), you can expect rewards according to the table as follows:

•TOKENONMICS & TOKEN SALE•

The introductory price of the SVX token at the market will be 50 SVX / ETH. A private sale will not be executed. Public presale will be spilt into three phases, each phase – and possible sub-phase - having different discounts and processors. The public sale will start at Uniswap first and then be extended to traditional exchanges for increasing the reach of the token.

•Details•

Pre-sales: Jan 25, 2021 - Feb 21, 2021

Pre-sale token supply: 70,000 SVX

Token supply: 100,000 SVX

Total tokens for sale: 80,000 SVX

Blockchain Platform: Ethereum

Registration year: 2020

•Token info•

Ticker: SVX

Type: Cryptocurrency

Token standard: ERC20

Token price in ETH: 1 ETH = 60 SVX

Accepted currencies: ETH

Token distribution:

Public Presale - 70%

Uniswap Liquidity (Public Sale) - 10%

Ecosystem Fund - 15%

Team - 5%

Funds allocation:

Uniswap Liquidity - 18%

Ecosystem Fund - 7%

Further Development - 40%

Marketing - 20%

Reserve - 15%

•Savix Roadmap•

April 2020 - Idea: “Protocol Embedded Staking”

May 2020 - Assemble Savix Team

June 2020 - Mathematics & Algorithm Design

July 2020 - Savix Smart Contract Development

August 2020 - Whitepaper Alpha Version-Presale Workflow Design / Telegram Bot Development

September 2020 - Presale Smart Contract Development-Savix Website Design

October 2020 - Smart Contract Simulation And Auditing-Creating Social Channels

November 2020 - Presale Dapp Development-Public Start Of Website And Social Channels

December 2020 - Community Building

January 2021 - Token Presale-Uniswap Pool

March 2021 - Savix Trinary Alpha

April 2021 - Savix Trinary Dapp Release

Summary:

Users receive ETH and Savix from their Uniswap fee share, Savix from the ERC20 embedded staking protocol and ETH from the Savix “Trinary” Pool. This particular triple income stream is only possible through our unique staking protocol.

Learn more about the project:

●  Website: https://savix.org/

●  Telegram: https://t.me/savix_org

●  Twitter: https://twitter.com/savix_org

●  Whitepaper: https://savix.org/wp-content/uploads/2020/11/SAVIX_Whitepaper.pdf

●   Medium : https://anatol69.medium.com/

●   Github : https://github.com/SavixOrg



AUTHOR: ERIKAY

Bitcointalk profile link:https://bitcointalk.org/index.php?action=profile;u=1992165

Ethereum wallet address: 0xB177748A8E128157a9f54cc562Ff580E24524B78

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