Savix
Greetings to all of you in the BLG Community
Come back with me, zorzia this time I invite you to review the project. An exciting Savix that will guide you to your next success. Welcome to the club
Introduction
Applications in the area of decentralized finance are one of the most important fields of use for digital currencies today. With the help of convenient platforms such as Uniswap users can easily use innovative financial products based on Distributed Ledger Technologies (DLT). The digital currencies that are used for this purpose must be transferred to the respective ledger in which the desired financial instrument is mapped. Tokens used this way are temporarily “locked” and therefore cannot simultaneously participate in a staking protocol. The user has to make a decision, so to speak, whether he invests his money conservatively and safely by staking or more risk-consciously with greater possible profit using a DeFi product. With Savix a virtual currency is now available for the first time, which makes it possible to profit from staking rewards while keeping the token unlocked and liquid, freely available for use in any other 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
Applications in the area of decentralized finance are one of the most important fields of use for digital currencies today. With the help of convenient platforms such as Uniswap users can easily use innovative financial products based on Distributed Ledger Technologies (DLT). The digital currencies that are used for this purpose must be transferred to the respective ledger in which the desired financial instrument is mapped. Tokens used this way are temporarily “locked” and therefore cannot simultaneously participate in a staking protocol. The user has to make a decision, so to speak, whether he invests his money conservatively and safely by staking or more risk-consciously with greater possible profit using a DeFi product. With Savix a virtual currency is now available for the first time, which makes it possible to profit from staking rewards while keeping the token unlocked and liquid, freely available for use in any other 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:
Multi-Beneficiary
enabling multiple simultaneous profit opportunities
Convenient
100% passive with no need for user decisions or interactions
Flexible
being compatible with any Ethereum based DeFi project
Fair
adjusting balances “non-dilutively”, not preferring big holdings
Transparent
open-source, unambiguous and not manipulable supply
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.
Staking rewards
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:
Multi-Beneficiary
enabling multiple simultaneous profit opportunities
Convenient
100% passive with no need for user decisions or interactions
Flexible
being compatible with any Ethereum based DeFi project
Fair
adjusting balances “non-dilutively”, not preferring big holdings
Transparent
open-source, unambiguous and not manipulable supply
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.
Staking rewards
SVX holders earn Savix staking rewards from the embedded staking protocol while tokens get used as liquidity.
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.
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.
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.
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
Legal
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%
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
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 : zorzia
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