Introduction :
Cryptocurrency was initially described as a payment mechanism that enables people to conduct transactions easily, without the involvement of third parties, and in a straightforward, safe, and anonymous manner. Satoshi Nakamoto, Bitcoin’s founder, designed Bitcoin to defeat a bureaucratic financial structure that is vulnerable to corruption and is dominated by a single entity. With the growth and advancement of the cryptocurrency or blockchain ecosystem, a variety of new investing strategies have arisen, and they have proved to be more effective and lucrative investment vehicles than conventional financial returns. Innovative ventures with high return investments and continuous trends, such as Savix, regularly emerge in the crypto sector, attracting major business investments. Why is this so? since the aim of this project is to establish a safe and decentralized operating model Savix is the project you’ve been looking forward to.
About Savix :
The Savix project seeks to make decentralized finance goods accessible to non-technologists. The Savix token allows instant staking prizes without the use of petrol.
For the first time, a virtual currency, Savix, is now online, allowing users to benefit from staking incentives while holding tokens unlocked and liquid, freely usable in any DeFi commodity.
Description :
- Predictable self-staking protocol
- Gas-free rewards directly to your wallet
- Compatible with any DeFi project
- Fully automated — 100% passive
- Multiple layers of passive income
The Vision :
Our primary goal is to allow users to benefit as much as possible from new investing opportunities provided by decentralized finance by removing as many obstacles as possible. Staking is completely automatic while maintaining complete token versatility. Many income sources can be mixed using Savix.
1. Multi-Beneficiary :
allowing for many business opportunities at the same time.
2. Convenient :
There is no need for any consumer choices or connections.
3. Flexible :
compatibility with any Ethereum-based DeFi project.
4. Fair :
adjusting balances “non-dilutively,” avoiding large holdings.
5. Transparent :
supply that is open-source, unambiguous, and not manipulable.
6. Stable :
not establishing sale bonuses after lock-in cycles.
3 Different Income Sources Clarified :
1. Staking rewards :
The embedded staking protocol provides SVX holders with Savix staking rewards, while tokens are used as liquidity.
2. Uniswap Rewards :
Uniswap charges a 0.3 percent premium for token switching. This fee is divided proportionally among liquidity suppliers based on their exposure to liquidity assets. It acts as a payoff to all liquidity suppliers in relation to their share of the pot.
3. Trinary rewards :
When liquidity is deposited into a uniswap tank, special tokens called liquidity tokens are minted and sent to the provider’s address in proportion to the amount of liquidity they added to the pool. This tokens reflect the allocation of a liquidity supplier to a pool. Savix “Trinary” allows you to invest savix liquidity tokens for up to 6 months in order to collect another compensation layer: ETH from our ecosystem pool. For the first six months, we anticipate a return of 7% to 15% of the original investment paid in ETH.
TOKENONMICS AND THE SALE OF TOKENS
The initial market price of the SVX token would be 50 SVX / ETH. A private selling will not take place. The public presale will be divided into three stages, each with its own set of discounts and processors. The public selling will begin on Uniswap and then expand to conventional exchanges to broaden the token’s scope.
Token Details :
- Pre-sales: Jan 25, 2021 — Feb 21, 2021
- Pre-sale token supply: 70,000 SVX
- Token supply: 100,000 SVX
- Total tokens for sale: 80,000 SVX
Token info :
- Ticker: SVX
- Type: Cryptocurrency
- Token standard: ERC20
- Token price in ETH: 1 ETH = 60 SVX
- Accepted currencies: ETH
Token distribution :
- Public Presale — 70%
- Uniswap Liquidity (Public Sale) — 10%
- Ecosystem Fund — 15%
- Team — 5%
Funds allocation :
- Uniswap Liquidity — 18%
- Ecosystem Fund — 7%
- Further Development — 40%
- Marketing — 20%
- Reserve — 15%
Learn more about :
- 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
Forum Username : cryptopathum
Forum Profile Link : https://bitcointalk.org/index.php?action=profile;u=2088829
Telegram Username : @pathumbitcoin
ETH Wallet Address : 0xF9b347Ad986Db43753e9660222057e116Da4E8Fd
