The DeFi answer to traditional savings accounts – Redefining 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.
About the SAVIX Project?
With Savix a virtual currency is now available for the first time, which gives the opportunity to profit from staking rewards while keeping token unlocked and liquid, freely available for use in any DeFi product at the same time.
The Vision
Our main objective is to let users profit as much as possible from new investment opportunities created by decentralized finance with as few 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
1.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-dilutive”, not preferring big holdings
Transparent, open-source, unambiguous and not manipulable supply
Stable, not creating selling incentives after locking periods
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 split 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.
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 with other DeFi providers.
• Approximately in March 2021 a first Alpha version of Trinary should become available.
Key Notes:
The Savix project aims at making decentralized finance products available to non-tech-savvy users. The Savix token enables gas-free automatic staking rewards.
To Know more please visit:
Website: https://savix.org
Telegram: https://t.me/savix_org
Twitter: https://twitter.com/savix_org
Whitepaper : https://savix.org/docs/Savix-Whitepaper-V2-0.pdf
Authorship:
Bitcointalk Username : Cristle
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=2089872