powered by Coinlib

Friday, April 2, 2021

SAVIX :Making Decentralized Financial Products Available For Non-Technological Users

 


Hello everyone in my recent post. I will describe a very good project let's look at the following reviews:

About Savix - auto gas-free bet

The Savix project aims to make decentralized financial products available to non-tech-savvy users.  The Savix token allows gas-free automatic staking rewards.

With Savix, a virtual currency is now available for the first time, which provides an opportunity to benefit from staking rewards while still unlocking tokens and liquid, available for free to use on any DeFi product at the same time.

Description

  1.  Predictable self-staking protocol
  2.  Gas free gifts straight to your wallet
  3.  Compatible with any DeFi project
  4.  Fully automatic - 100% passive
  5.  Multiple layers of passive income

Vision
Our main goal is to enable users to benefit as much as possible from the new investment opportunities created by decentralized finance with as few constraints as possible.

Staking is fully automated while maintaining full flexibility in token use. Using multiple streams of Savix income can be combined.

We believe, Savix is a good guarantee for decentralized finance because, it is:

1. Multi Beneficiaries
Enabling multiple simultaneous profit opportunities
2. Comfortable
100% passive with no need for user decisions or interactions
3. Flexible
compatible with Ethereum based DeFi project
4. Fair
adjusting balances "on a non-dilutive basis", not prioritizing large holdings
5. Transparent
supply is open-source, unambiguous and non-manipulable
6. Stable
does not create sales incentives after the lock-up period

Savix Trinary: 3 Revenue streams described

Savix "Trinary" will be our first Dapp to demonstrate the power of our ERC20 staking protocol. Users receive three different income streams using one easy-to-use DeFi Dapp.

1. Betting a prize

SVX holders get Savix staking prizes from the embedded staking protocol while tokens are used as liquidity.

2. 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.

3. 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 liquidity provider's contribution to a pool. With Savix “Trinary”, it is possible to hold savix liquidity tokens for up to 6 months to receive another layer of rewards: ETH from our ecosystem pool. We expect a return of 7% to 15% of the initial investment paid directly in ETH during the first 6 months.

Savix Staking Rewards - Example of Calculation

A chronological bid curve allows precise prediction of the reward staked for any point in time. This absolute transparency leads to the fact that no specific stimulus for token dumps appears at any given moment. This is one important difference from traditional pool-based staking methods.

The total supply is recalculated with each token transfer executed by the smart contract. In this way the staking mechanism operates without an external trigger. All Savix balances will increase to 3 times the initial investment during the first 5 years.


For setting up some of the buy-and-hold incentives that kickstart the ecosystem, early investors are rewarded with a daily interest rate of over 2% in the first days after betting starts. If you start with 100 Savix (SVX) investments that you earned before the staking mechanism was activated (immediately after Uniswap trading started), you can expect the rewards according to the following table:


TOKENONMICS & TOKEN SALE
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.


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
Legal
  • Blockchain Platform: Ethereum
  • Registration year: 2020
Info token
  • Ticker: SVX
  • Type: Cryptocurrency
  • Standard token: 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%
Savix Road Map
  1. April 2020 - Idea: "Protocol Embedded Staking"
  2. May 2020 - Gather the Savix Team
  3. June 2020 - Mathematics & Algorithm Design
  4. July 2020 - Savix Smart Contract Development
  5. August 2020 - Whitepaper Alpha-Design Workflow Pre-Sales / Telegram Bot Development Whitepaper
  6. September 2020 - Presale Smart Contract Development-Savix Website Design
  7. October 2020 - Simulation of Smart Contracts and Social Channels that Make an Audit
  8. November 2020 - Presale Dapp Development-Public Start Of Website And Social Channels
  9. December 2020 - Building a Community
  10. January 2021 - Token Presale-Uniswap Pool
  11. March 2021 - Savix Trinary Alpha
  12. April 2021 - Savix Trinary Dapp Release
Summary:
Users receive ETH and Savix from their share of Uniswap fees, Savix from the embedded ERC20 staking protocol and ETH from the Savix “Trinary” Pool. This particular triple stream of income is only possible through our unique betting protocol.

TO GET MORE INFORMATION ABOUT SAVIX SEE THE LINKS BELOW:


Bitcointalk name: antoniey
Profile link: https: //bitcointalk.org/index.php? Action = profile; u = 3122837
ETH address: 0xd059e737f249D12E4Fad7eE3850c3b05143d0Db1

No comments:

Post a Comment

Popular Posts