SAVIX
Hello everyone! For now, investment is something that must be taken into account, because it can support or increase your finances. And I am here to provide knowledge to all of you about a good project in my opinion that can make your investment pay off.
The project we are discussing today is SAVIX
Virtual currency is now available for the first time, which provides an opportunity to profit from staking rewards while still unlocking tokens and liquid, available for free to use on any DeFi product at the same time.
The main objective of Savix is to enable users to benefit as much as possible from the new investment opportunities created by decentralized finance with the least possible constraints. Therefore, users combine multiple revenue streams while maintaining full flexibility of token use. The staking mechanism built into the Savix protocol works without requiring user action. Users do not need to lock their tokens and do not need to claim their rewards as the staking process is fully automated.
Briefly about Savix features:
- online betting protocol
- Compatible with any DeFi project
- Fully automatic - 100% passive
- unique project (no copy / paste)
- Rewards in real time
- Additional level of passive income
- Fully transparent working mechanism
- resistant to manipulation
- A working product is ready to use
By using Savix, investors can receive three prizes:
● ETH and Savix from the Uniswap commission
● Rescue from built-in ERC20 level protocol
● ETH from the Savix "Trinary" collection
Advantages provided
Savix is the best guarantee for decentralized finance because:
Multi-Receiver
Since the Embedded Staking (PES) Protocol allows full availability of token use in other DeFi products, rewards can be "doubled" using Savix. In this way, staking rewards are an added layer of passive income. The upcoming "Trinary" liquidity incentive program will offer Savix holders a different additional income stream.
Easy
Savix bets are embedded in the standard ERC20 transfer function and are fully automatic and 100% passive with no need for user decisions or interactions to receive prizes.
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 staking 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 logic of the contract 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 prizes (without locks) and can be freely transferred or invested into DeFi products
These features are made possible by the unique Embedded Staking (PES) Protocol, which implies the possibility of investing in a very profitable DeFi product with the support that conservative stakes can predict at the same time.
BUILDING PROTOCOL (PES)
To implement the stacking features mentioned above, a stacking mechanism is built into the ERC20 protocol. The algorithm works by regularly increasing the number of tokens according to the mathematical logic applied in smart contracts. The account balance is determined by its respective share in the total supply, which guarantees a non-dilutive distribution of tokens. Thus, the staking profit is relatively fixed and remains the same for all accounts regardless of user-related size and parameters such as staking duration, bet pool selection, etc.
The mathematical logic behind the built-in stacking of the Savix protocol has the following characteristics:
● Transparent bid calculation, predictable by investors.
● Stability of calculations with respect to user behavior and network effects.
● Efficient calculation of computing power and transaction costs.
About Token Technology
Since using DeFi applications (such as participating in the Uniswap liquidity pool) is the main usage scenario for the Savix token, implementation as an ERC-20 token is required. Non-exchangeable tokens may play an important role in future concepts and the ERC-721 or ERC-1155 standard could also be used for future development.
However, the Savix token itself will not be touched by all future developments. It will be designed as a separate contract that interacts with the original Savix contract.
The permanence of the implementation of the Savix contracts is guaranteed and is an important part of the Savix trust building concept:
Absolute transparency and contract code obligation due to the implementation of a single contract (no unexpected changes can be made to the betting parameters).
Absolute transparency and obligation of staking rewards due to non-dilutive staking rewards determined by an irreversible supply map (future interest rates can be predicted with precision)
Absolute accuracy and transparency of the total circulating supply. The circulating supply of tokens is always identical to the total token supply, no token is being held in any way. The only exception is the unsold tokens during the pre-sale (6 months lockout time)
Savix "Trinary" will be the first element of this Dapp to demonstrate the power of the ERC20 embedded in staking:
Users receive ETH to provide liquidity on automated market creation (AMM) platforms such as Uniswap. The more liquidity you provide, and the longer it is, the bigger share of the ETH pool you receive.
Token Details
The introductory price of the SVX token on the market is 50 SVX / ETH. Private sales will not be executed. The public pre-sale will be divided into three phases, each phase - and possibly sub-phases - has a different discount and processor. The public sale will start at Uniswap first and then expand to traditional exchanges to increase the token reach.
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
Bonus: 20% discount.
Unsold tokens will be transferred to the next pre-sale preparation stage.
Presale exchange rate: 1 ETH = 60 SVX.
4 February 2021 adjustment: Additional 10% bonus (10SVX / ETH) taken from ecosystem funds.
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.
Budget Allocation
36% Uniswap Liquidity
7% Ecosystem Fund
30% Further Development
17% Marketing
10% Reserves
Uniswap Liquidity Pool
Shortly after the presale, we will host Savix at Uniswap for public trading.
Starting price: 1 ETH = 50 SVX.
Estimated liquidity (pre-sale target reached): ~ $ 800,000-1,000,000 (depending on Ethereum volatility)
Estimated market cap: ~ $ 1,800,000- $ 1,900,000.
The Uniswap collection will be locked up for 6 months - long enough to earn the trust of the community. Locking in pools longer than necessary creates a certain liquidity risk if Savix contracts need to be renewed or rescheduled in the future.
Trinary Details
Uniswap Rewards
There is a 0.3% fee to exchange tokens at Uniswap. This fee is shared by the liquidity provider in proportion to its contribution to the liquidity reserve. It serves as a payment to all liquidity providers in proportion to a share of their pool.
Bet prize
In addition, you will get Savix betting prizes from the embedded betting protocol while your tokens are used as liquidity.
Trinary rewards
Whenever liquidity is deposited into a uniswap pool, a special token known as a liquidity token is printed to the address of the provider, in proportion to how much liquidity they contribute to the pool. This token is a representation of the contribution of liquidity providers to a pool. With Savix "Trinary" you can store Savix liquidity tokens for up to 6 months to receive another layer of rewards: ETH from our Ecosystem Fund. We expect a return of 7% to 15% of the initial investment paid directly in ETH during the first 6 months.
For more information, please visit the link
Website: https://savix.org/
Telegram: https://t.me/savix_org
Twitter: https://twitter.com/savix_org
White Paper: https://savix.org/wp-content / uploads / 2020/11 / SAVIX_Whitepaper.pdf
Media: https://anatol69.medium.com
Github: https://github.com/SavixOrg
Author: Gedang_goreng
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile