Tuesday, March 16, 2021

Savix (SVX)


What is inline protocol staking?
To implement the stacking features mentioned above, a stacking mechanism has been 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, bet pool selection, etc.

With Savix, virtual currency is now available for the first time, allowing you to profit from staking rewards while maintaining an unlocked and liquid token that can be used for free on any DeFi product at the same time.

The Inline Stacking Protocol (PES) * used here is deeply embedded in the underlying currency code and does not require any explicit control or launch by the user. All Savix token wallets automatically and continuously participate in the staking process.

All contracts and tools required for deployment are fully developed and are in the final stages of internal audit. For now, the contracts on the Rinkeby testnet are running smoothly. We plan to migrate to the main network in early December 2020.

Vision
Our main goal is to enable users to benefit from the new investment opportunities created by decentralized finance as much as possible, with the least possible disincentives. Therefore, users combine multiple streams of income while maintaining complete flexibility in using tokens. The betting mechanism built into the Savix protocol works without any user action. Users do not need to block their tokens and do not require a reward, since the staking process is fully automated.

We believe Savix is ​​the best collateral for decentralized finance because it

1. Multi-Beneficiary

Since the embedded staking protocol (see next paragraph) ensures full availability of token use in other DeFi products, the rewards can be “doubled” with Savix. In this way, interest rates work as 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.

2. Convenient

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

3. 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, and more, while continuously providing holders with additional tokens for betting.

4. Satisfactory

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

5. Transparent

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.

6. Stable

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.

7. Independent

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



Token Technology
Since the use of DeFi applications (for example, participation in Uniswap liquidity pools) is the main use case for the Savix token, implementation as an ERC-20 token is required. Non-fungible tokens can play an important role in future concepts, and the ERC-721 or ERC-1155 standards can also be used for future developments.

However, the Savix token itself will remain intact for all future developments. They will be designed as separate contracts, interacting with the original Savix contract. The invariability of the Savix contract implementation is guaranteed and is an important part of the Savix trust-building concept:

• Absolute transparency and responsibility of the contract code due to the deployment of a single contract (no unforeseen changes can be made to the staking parameters).

• Absolute transparency and accountability for staking rewards due to non-dilutive staking rewards determined by an unchanged supply card (future interest rates can be accurately predicted)

• Absolute accuracy and transparency of the total circulating flow. The number of tokens circulating is always identical to the total number of tokens, the tokens are not held in any way. The only exception is unsold tokens during the pre-sale (blocking time 6 months).

Trinity details:

• Uniswap Awards

There is a 0.3% commission charged for exchanging tokens on Uniswap. This commission is divided among liquidity providers in proportion to their contribution to liquidity reserves. It performs the function of paying all liquidity providers in proportion to their share in the pool.

• Staking rewards

In addition, you will receive Savix staking rewards through the built-in staking protocol while your tokens are used as liquidity.

• Triple awards

Each time liquidity is deposited into the uniswap pool, special tokens known as liquidity tokens are minted to the provider's address in proportion to how much liquidity they have contributed to the pool. These tokens represent the liquidity provider's contribution to the pool. With Savix Trinary, you can deposit Savix Liquidity Tokens for up to 6 months to receive another level of reward: ETH from our ecosystem fund. We expect a return of 7% to 15% of the initial investment paid directly in ETH within the first 6 months.



Token Allocation and Budget Allocation
Initial Public Presale 5%

20% IEO Launchpad

Presale 40% Unicrypt

20% Uniswap liquidity (public sale)
7% Ecosystem Fund
3% bounty program

5% Team

BUDGET DISTRIBUTION (ETH):
36% of Uniswap liquidity

7% Ecosystem Fund
30% Further development
17% marketing
10% reserve

Token details:
Ticker: SVX

Platform: Ethereum

Token type: ERC-20
In stock: 70,000 SVX (70%)
Total: 100,000 SVX

IEO price: 1 SVX = 0.0166 ETH
Acceptance: ETH

Bonuses: 20% discount

Roadmap Idea for

April 2020
: "Built-in protocol staking "

May 2020
Assembling the Savix team

June 2020
Mathematics and algorithms development

July 2020
Savix smart contracts development

August 2020 White papers
Alpha version
Pre-sales workflow development / Telegram bot development
 
September 2020
Presale Smart Contract Development
Savix Website Design

October 2020
Smart Contract Modeling and Auditing
Social Channel Development

November 2020
Presale Dapp Development
The public launch of a website and social channels

in December 2020
Creating Community

in January 2021
Presale tokens
Pool Uniswap

March 2021
city of Alpha version Savix Trinary,

April 2021
Release Savix Trinary Dapp

INFORMATION:

Website: https://savix.org/
Telegramm: https://t.me/savix_org
Twitter: https://twitter.com/savix_org
Whitepaper: https://savix.org/wp-content/uploads/2020/11/SAVIX_Whitepaper.pdf
Dokumente und Medien finden Sie unter: https://savix.org/media
Medium: https://anatol69.medium.com/
Github: https://github.com/SavixOrg

Author : kemi123






No comments:

Post a Comment