"Savix is ​​compatible with any Ethereum-based DeFi project"

9:38 AM



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.

With Savix, virtual currency is now available for the first time, making it possible to profit from reward rates while maintaining an unlocked and liquid token that can be used for free on any DeFi product at the same time.

Benefits for currency holders:

Multi-Beneficiary

Since the Embedded Staking Protocol (PES) ensures full availability of tokens in other DeFi products, the rewards can be “doubled” with Savix. Thus, betting rewards are an additional layer of passive income. The forthcoming Trinary Liquidity Incentive Program (see 7) will offer Savix holders another very special additional source of income.

Convenience

Savix betting is built into standard ERC20 transfer features, is fully automated and 100% passive, so no decision or user interaction is required to receive rewards.

Flexibility

Savix is ​​compatible with any Ethereum-based DeFi project. Savix coins can be used, like all standard ERC20 tokens, for pooling, lending, growing crops, mining. At the same time, continuously providing holders with additional tokens for betting.

Satisfaction

Savix's embedded protocol rates evenly adjust all balances according to the embedded offering curve (see 3). No preference is given to any particular holder. All wallets are treated in the same way, regardless of balance, transaction volume or other parameters.

Transparency

Savix sources are open source. All programming codes and contracts are available through Github and can be verified and tested by anyone. Due to the deployment of a single contract, any manipulations with the logic of the contract or the maximum offer are impossible, there is no minting of additional coins. Staking rewards are completely transparent and predictable.

Stability

Savix does not have any reward events at the end of lockout periods that could generate cyclical dumps. Except for market reasons, selling Savix is ​​never easier or more profitable at any given point in time, which reduces volatility.

Independence

With Savix, you remain independent because tokens are always liquid, earning rewards (no blocking), and can be freely moved or invested in DeFi products.

These features are made possible by the unique Inline Staking Protocol (PES), which implies the ability to invest in high-yield DeFi products with predictable backing from conservative staking.

Briefly about the features of Savix:

Embedded betting protocol compatible with any DeFi project fully automated - 100% passive
unique project (no copy / paste) real-time rewards additional level of passive income completely transparent working mechanism resistant to manipulation Artifact ready to be deployed

Using Savix, investors can receive triple rewards:

● ETH and Savix from the Uniswap commission share
● Savix from the built-in ERC20 betting protocol
● ETH from the Savix "Trinary" pool

In order to implement the stacking features mentioned above, the stacking mechanics are built into the ERC20 protocol. The algorithm works by regularly increasing the total number of tokens in accordance with the mathematical logic implemented in the smart contract. Account balances are determined by their individual share in the total supply, which guarantees a non-dilutive distribution of tokens. Thus, the relative staking profit remains and remains the same for all accounts regardless of size and user-related parameters such as staking duration, stake pool selection.

The mathematical logic behind the built-in stacking of the Savix protocol has the following characteristics:
● Transparent supply calculation, predictable for investors.
● Calculation stability with respect to user behavior and network effects.
● Efficient calculation of computing power and transaction costs.

The following chart shows the Savix supply curve normalized to a total supply of 1.

To set specific incentives to buy and hold, early investors are rewarded in the form of daily interest rates in excess of 2% during the first days after betting starts. If you start with an investment of 100 Savix (SVX) that you purchase before the betting mechanism is activated (right after the start of Uniswap trading), you can expect to be rewarded according to the table as follows:

Project roadmap:


Project partners:


Token distribution and budget distribution:


Budget Allocation:

● 36% Uniswap Liquidity
● 7% Ecosystem Fund
● 30% Further Development
● 17% Marketing
● 10% Reserve

Token details:

● Ticker: SVX
● Platform: Ethereum.
● Token type: ERC-20
● Available: 70,000 SVX (70%)
● Total supply: 100,000 SVX.
● IEO price: 1 SVX = 0.0166 ETH.
● Accepted currencies: ETH
● Bonuses: 20% discount.

Unsold tokens will be transferred to the next stages of pre-sale preparation.
● Presale exchange rate: 1 ETH = 60 SVX.
● Adjustment February 4, 2021: Additional bonus of 10% (10SVX / ETH) taken from the ecosystem fund.
● Token contract address: 0x8a6e8e9f7d61e97bde7e66336dbeea4fcbb388ae
● Presale will end on February 8, 2021 or when the maximum amount of ETH is increased.
● Minimum contribution: 0.1 ETH
● Maximum contribution: 15 ETH.

Uniswap Liquidity Pool

Shortly after the presale, we will host Savix on Uniswap for public trading.

● Starting price: 1 ETH = 50 SVX.
● Estimated liquidity (presale target achieved): ~ $ 800,000–1,000,000 (dependent on Ethereum volatility)
● Estimated market capitalization: ~ $ 1,800,000 - $ 1,900,000.

The Uniswap pool will be locked for 6 months - long enough to gain the trust of the community. Locking the pool longer than necessary poses a certain liquidity risk should the Savix contract need to be renewed or rescheduled in the future.

The Savix project aims to make decentralized financial products available to non-tech-savvy users. Savix token allows you to automatically receive rewards without using gas.

More information about the project:


Author : Dalazz_20

ETH : 0x4d387FB72dB04B74DEaE07525d785A797d5A96b8

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