Savix - Everyone's Best DeFi
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Nowadays
with user-friendly platforms such as Uniswap, users can easily use innovative distributed ledger technology (DLT) financial products, virtual currency is now available for the first time, allowing you to profit from the reward rates while keeping the token unlocked and liquid, freely available for use on any other DeFi product at the same time.
Decentralized finance applications are one of the most important uses for digital currencies today. The digital currencies that are used for this purpose must be transferred to the appropriate ledger, which displays the desired financial instrument. Tokens used in this way are temporarily "locked" and therefore cannot participate in the staking protocol at the same time.
The user must make a decision, so to speak, whether he will invest his money conservatively and safely when placing bets, or more consciously taking into account the risk with the greatest possible return using the DeFi product.
Introducing Savix
Savix aims at making decentralized finance products available to non-tech-savvy users. The Savix token enables gas-free automatic staking rewards. Protocol Embedded Staking (PES) used here is deeply anchored in the base code of the currency and does not require any explicit control or triggering by the user. All wallets holding Savix tokens automatically and permanently take part in the staking process. All contracts and tools needed for deployment are fully developed and in the last steps of internal auditing. At the moment the contracts are running smoothly on the Rinkeby test net. We plan to switch to the main net. We plan to switch to the main net at the beginning of December 2020.
Features offered by Savix
Multi-Beneficiary
Since Protocol Embedded Staking (see next paragraph) allows complete availability of token usage in other DeFi products, rewards can be “doubled” using Savix. This way staking rewards work like an extra Layer of passive income. The upcoming liquidity incentive program “Trinary” (see 7) will offer Savix holders another distinctive additional income stream.Flexible
Savix is compatible with any Ethereum based DeFi project. Savix coins can be used like all standard ERC20 tokens for pooling, lending, yield farming, mining and so on, all this while continuously yielding additional staking tokens to holders.
- Convenient
Savix staking is embedded within standard ERC20 transfer functions and is fully automated and 100% passive with no need for user decisions or interactions to receive rewards therefore.
Fair
Savix protocol embedded staking evenly adjust all balances according to the embedded supply development curve. No preference whatsoever is given to any specific holder. All wallets are treated in the same way, independent of balances, transaction volume or other parameters.Stable
With Savix there isn’t any reward releasing events at the end of locking periods which could generate cyclical dumps. Except for market reasons selling Savix is never easier or more profitable at any specific point in time, creating less volatility.Transparent
Savix sources are open. All program codes and contracts are made available through Github and can be inspected and tested by anybody. Due to single contract deployment, any manipulation of the contract logic or maximum supply is impossible, with no minting of additional coins. Staking rewards are fully transparent and predictable.Independent
With Savix you stay independent because tokens always stay liquid while earning rewards (no locking) and can be freely moved or invested into other DeFi products.
Savix Trinary
Staking rewards
In addition, you will earn Savix staking rewards from the embedded staking protocol while your tokens get used as liquidity.Uniswap Rewards
There is a 0.3% fee for swapping tokens on Uniswap. This fee is split by liquidity providers proportional to their contribution to liquidity reserves. It is functioning as a payout to all liquidity providers proportional to their share of the pool.Trinary rewards
Whenever liquidity is deposited into a uniswap pool, special tokens known as liquidity tokens are minted to the provider’s address, in proportion to how much liquidity they contributed to the pool. These tokens are a representation of a liquidity provider’s contribution to a pool. With Savix “Trinary” it is possible to deposit Savix liquidity tokens for up to 6 months to receive yet another reward layer: ETH from our Ecosystem Fund. We expect a return of 7% to 15% of the initial investment directly paid in ETH over the first 6 months.
Savix Token & Roadmap
Token standard: ERC20
Token price in ETH: 1 ETH = 60 SVX
Accepted currencies: ETH
Token Total Supply: 100.000
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Conclusion
Many Defi platforms operate today but not many are designed according to professional traders and investors who want speed and security. Savix is one of the best Defi platforms. This is a Defi platform specifically designed for professional traders and investors. Savix has meticulously arranged the thing which manages all your trading requires and gives you the most reformist trading experience in the most intuitive way. with your assistance, we need to add to this climate. with Savix you can trade and invest safely, quickly, and comfortably.
CONNECT
Website: https://savix.org/
Whitepaper: https://savix.org/docs/Savix-Whitepaper-V2-0.pdf
Telegram: https://t.me/savix_org
Twitter: https://twitter.com/savix_org
Medium: https://anatol69.medium.com/
Github : https://github.com/SavixOrg
BTT LINK: https://bitcointalk.org/index.php?action=profile;u=1119027
My ETH Address: 0x206B92E13682021396C4D24E544D524225584137