#savix #blockchain #cryptocurrency #defi #tokensale #ieo
Cryptocurrency has become one of the favorite investment instruments in the world today. Not only that, crypto currencies are also rapidly developing into alternatives to cashless transactions, such as remittances and cross-border transactions.
With Savix, a virtual currency is now available for the first time, which makes it possible to benefit from staking rewards while keeping the tokens open and liquid, available for free to use on any DeFi product at the same time.
The Embedded Staking (PES) * protocol used here is deeply embedded in the base currency code and requires no explicit user control or triggering. All wallets holding Savix tokens automatically and permanently take part in the betting process.
All contracts and tools necessary for implementation are fully developed and in the final step of internal audit. Currently the contract is running smoothly on the Rinkeby testnet. We plan to switch to mainnet in early December 2020.
The Savix project aims to make decentralized financial products available to non-tech-savvy users. Savix Tokens allow gas-free automatic staking rewards.
Multi Beneficiaries
Since the Embedded Staking Protocol (see next paragraph) allows full availability of token use in other DeFi products, rewards can be "doubled" using Savix. In this way, staking rewards work like an additional layer of passive income. The upcoming “Trinary” liquidity incentive program (see 7) will offer Savix holders a different additional income stream.
Comfortable
Savix bets are embedded in the standard ERC20 transfer function and are fully automatic and 100% passive with no user decision or interaction necessary to receive the prize.
Flexible
Savix is compatible with Ethereum based DeFi projects. Savix Coins can be used like all standard ERC20 tokens to collect, lend, generate farms, mine and so on, all of this while continuing to generate additional stake tokens to holders.
Fair
The embedded Savix protocol stakes evenly adjusts all balances according to the embedded offer development curve. No preference of any kind is given to any particular holder. All wallets are treated the same way, regardless of balance, transaction volume or other parameters.
Transparent
Open source Savix. All program code and contracts are available via Github and can be checked and tested by anyone. Due to the implementation of a single contract, manipulation of the contract logic or the maximum supply is not possible, there is no additional minting of coins. Bet prizes are fully transparent and predictable.
Stable
With Savix, no reward release event at the end of the lock-up period can result in a cyclic dump. Except for market reasons, selling Savix has never been easier or more profitable at any given point in time, creating less volatility.
Independent
With Savix you remain independent because tokens are always liquid while earning rewards (without locks) and can be freely transferred or invested in other DeFi products.
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 Distribution & Budget Allocation
5% Initial Public Presale
20% IEO Launchpad
40% Unicrypt Presale
20% Uniswap Liquidity (Public Sale)
7% Ecosystem Fund
3% Bounty Program
5% Team
BUDGET ALLOCATION (ETH):
36% Uniswap Liquidity
7% Ecosystem Fund
30% Further Development
17% Marketing
10% Reserve
Roadmap
• For December 2020 the public token sale and start of the UNiswap liquidity pool is planned.
• Directly afterwards the development of the Savix trinary Dapp will start along with creating partnerships to other DeFi providers.
• Approximately in March 2021 a first Alpha version of Trinary should become available.
Summary
Savix features in short:
• Protocol embedded staking
• Compatible with any DeFi project
• Fully automated — 100% passive
• Real time rewards
• Multiple layers of passive income
• Transparent working mechanism
• Stable against manipulation
• Working product ready for deployment
Using Savix investors can receive threefold rewards:
• ETH and Savix from the Uniswap fee share
• Savix from the ERC20 embedded staking protocol
• ETH from the Savix “Trinary” Pool
This triple income stream is possible through Savix unique staking protocol only!
Learn More:
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
With Savix, a virtual currency is now available for the first time, which makes it possible to benefit from staking rewards while keeping the tokens open and liquid, available for free to use on any DeFi product at the same time.
The Embedded Staking (PES) * protocol used here is deeply embedded in the base currency code and requires no explicit user control or triggering. All wallets holding Savix tokens automatically and permanently take part in the betting process.
All contracts and tools necessary for implementation are fully developed and in the final step of internal audit. Currently the contract is running smoothly on the Rinkeby testnet. We plan to switch to mainnet in early December 2020.
The Savix project aims to make decentralized financial products available to non-tech-savvy users. Savix Tokens allow gas-free automatic staking rewards.
Multi Beneficiaries
Since the Embedded Staking Protocol (see next paragraph) allows full availability of token use in other DeFi products, rewards can be "doubled" using Savix. In this way, staking rewards work like an additional layer of passive income. The upcoming “Trinary” liquidity incentive program (see 7) will offer Savix holders a different additional income stream.
Comfortable
Savix bets are embedded in the standard ERC20 transfer function and are fully automatic and 100% passive with no user decision or interaction necessary to receive the prize.
Flexible
Savix is compatible with Ethereum based DeFi projects. Savix Coins can be used like all standard ERC20 tokens to collect, lend, generate farms, mine and so on, all of this while continuing to generate additional stake tokens to holders.
Fair
The embedded Savix protocol stakes evenly adjusts all balances according to the embedded offer development curve. No preference of any kind is given to any particular holder. All wallets are treated the same way, regardless of balance, transaction volume or other parameters.
Transparent
Open source Savix. All program code and contracts are available via Github and can be checked and tested by anyone. Due to the implementation of a single contract, manipulation of the contract logic or the maximum supply is not possible, there is no additional minting of coins. Bet prizes are fully transparent and predictable.
Stable
With Savix, no reward release event at the end of the lock-up period can result in a cyclic dump. Except for market reasons, selling Savix has never been easier or more profitable at any given point in time, creating less volatility.
Independent
With Savix you remain independent because tokens are always liquid while earning rewards (without locks) and can be freely transferred or invested in other DeFi products.
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 Distribution & Budget Allocation
5% Initial Public Presale
20% IEO Launchpad
40% Unicrypt Presale
20% Uniswap Liquidity (Public Sale)
7% Ecosystem Fund
3% Bounty Program
5% Team
BUDGET ALLOCATION (ETH):
36% Uniswap Liquidity
7% Ecosystem Fund
30% Further Development
17% Marketing
10% Reserve
Roadmap
• For December 2020 the public token sale and start of the UNiswap liquidity pool is planned.
• Directly afterwards the development of the Savix trinary Dapp will start along with creating partnerships to other DeFi providers.
• Approximately in March 2021 a first Alpha version of Trinary should become available.
Summary
Savix features in short:
• Protocol embedded staking
• Compatible with any DeFi project
• Fully automated — 100% passive
• Real time rewards
• Multiple layers of passive income
• Transparent working mechanism
• Stable against manipulation
• Working product ready for deployment
Using Savix investors can receive threefold rewards:
• ETH and Savix from the Uniswap fee share
• Savix from the ERC20 embedded staking protocol
• ETH from the Savix “Trinary” Pool
This triple income stream is possible through Savix unique staking protocol only!
Learn More:
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 : kemi123
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