SAVIX | Redefining passive income
About the SAVIX
With Savix, virtual currency is now available for the first time, allowing you to profit from staking rewards while maintaining an unlocked and liquid token that can be used for free on any DeFi product at the same time.
The Inline Stacking Protocol (PES) * used here is deeply embedded in the underlying currency code and does not require any explicit control or launch by the user. All Savix token wallets automatically and continuously participate in the staking process.
All contracts and tools required for deployment are fully developed and are in the final stages of internal audit. For now, the contracts on the Rinkeby testnet are running smoothly. We plan to move to the main network in early December 2020.
If you want to keep up to date with the latest developments, please visit our website and join our social channels (see the end of this article).
Vision
Our main goal is to enable users to generate as much profit as possible from the new investment opportunities created by decentralized finance, with the least possible hindrance. Therefore, users combine multiple streams of income while maintaining complete flexibility in using tokens. The betting mechanism built into the Savix protocol works without any user action. Users do not need to block their tokens and do not require a reward, since the staking process is fully automated.
We believe Savix is the best collateral for decentralized finance because it
1. Multi-beneficiary
Since the embedded staking protocol (see next paragraph) ensures full availability of token use in other DeFi products, the rewards can be “doubled” with Savix. In this way, interest rates work as an additional layer of passive income. The forthcoming Trinary Liquidity Incentive Program (see 7) will offer Savix holders another very special additional source of income.
2. Convenient
Savix betting is built into the standard ERC20 portability features, is fully automated and 100% passive, so no decision or user interaction is required to earn rewards.
3. Flexibility
Savix is compatible with any Ethereum-based DeFi project. Savix coins can be used, like all standard ERC20 tokens, for pooling, lending, growing crops, mining, and more, while continuously providing holders with additional tokens for betting.
4. Satisfactory
Savix's embedded protocol rates evenly adjust all balances according to the embedded offering curve. No preference is given to any particular holder. All wallets are treated in the same way, regardless of balance, transaction volume or other parameters.
5. Transparent
Savix sources are open source. All programming codes and contracts are available through Github and can be verified and tested by anyone. Due to the deployment of a single contract, any manipulations with the logic of the contract or the maximum offer are impossible, there is no minting of additional coins. Staking rewards are completely transparent and predictable.
6. Stable
Savix does not have any reward events at the end of lockout periods that could generate cyclical dumps. Except for market reasons, selling Savix is never easier or more profitable at any given point in time, which reduces volatility.
7. Independent
With Savix, you remain independent because tokens are always liquid, earning rewards (no blocking) and can be freely moved or invested in other DeFi products.
With Savix, virtual currency is now available for the first time, allowing you to profit from staking rewards while maintaining an unlocked and liquid token that can be used for free on any DeFi product at the same time.
The Inline Stacking Protocol (PES) * used here is deeply embedded in the underlying currency code and does not require any explicit control or launch by the user. All Savix token wallets automatically and continuously participate in the staking process.
All contracts and tools required for deployment are fully developed and are in the final stages of internal audit. For now, the contracts on the Rinkeby testnet are running smoothly. We plan to move to the main network in early December 2020.
If you want to keep up to date with the latest developments, please visit our website and join our social channels (see the end of this article).
Vision
Our main goal is to enable users to generate as much profit as possible from the new investment opportunities created by decentralized finance, with the least possible hindrance. Therefore, users combine multiple streams of income while maintaining complete flexibility in using tokens. The betting mechanism built into the Savix protocol works without any user action. Users do not need to block their tokens and do not require a reward, since the staking process is fully automated.
We believe Savix is the best collateral for decentralized finance because it
1. Multi-beneficiary
Since the embedded staking protocol (see next paragraph) ensures full availability of token use in other DeFi products, the rewards can be “doubled” with Savix. In this way, interest rates work as an additional layer of passive income. The forthcoming Trinary Liquidity Incentive Program (see 7) will offer Savix holders another very special additional source of income.
2. Convenient
Savix betting is built into the standard ERC20 portability features, is fully automated and 100% passive, so no decision or user interaction is required to earn rewards.
3. Flexibility
Savix is compatible with any Ethereum-based DeFi project. Savix coins can be used, like all standard ERC20 tokens, for pooling, lending, growing crops, mining, and more, while continuously providing holders with additional tokens for betting.
4. Satisfactory
Savix's embedded protocol rates evenly adjust all balances according to the embedded offering curve. No preference is given to any particular holder. All wallets are treated in the same way, regardless of balance, transaction volume or other parameters.
5. Transparent
Savix sources are open source. All programming codes and contracts are available through Github and can be verified and tested by anyone. Due to the deployment of a single contract, any manipulations with the logic of the contract or the maximum offer are impossible, there is no minting of additional coins. Staking rewards are completely transparent and predictable.
6. Stable
Savix does not have any reward events at the end of lockout periods that could generate cyclical dumps. Except for market reasons, selling Savix is never easier or more profitable at any given point in time, which reduces volatility.
7. Independent
With Savix, you remain independent because tokens are always liquid, earning rewards (no blocking) and can be freely moved or invested in other DeFi products.
GENERAL INITIAL PUBLIC SALE CHARACTERISTICS:
The goal of the Presale is to collect a maximum of 83 Ethereum with no minimum. Savix is privately funded and is already showing a working product with a (internal) verified smart contract. Initial pre-sales contributions will be used for the following development, external audit (s), marketing and partnerships.
Unsold tokens will be transferred to the next stages of pre-sale preparation.
Presale course: 1 ETH = 60 SVX
Adjustment February 4, 2021: Additional bonus of 10% (10SVX / ETH) taken from the ecosystem fund
Token contract address: 0x8a6e8e9f7d61e97bde7e66336dbeea4fcbb388ae
The presale will end on February 8, 2021 or when the maximum amount of ETH is increased.
Minimum deposit: 0.1 ETH
Maximum contribution: 15 ETH
Uniswap Liquidity Pool
Shortly after the presale, we will host Savix on Uniswap for public trading.
Starting price: 1 ETH = 50 SVX
Estimated Liquidity (Presale Target Achieved): ~ 800,000 - 1,000,000 USD (Depends on Ethereum volatility)
Estimated Market Cap: ~ $ 1,800,000 - $ 1,900,000
The Uniswap pool will be locked for 6 months - long enough to gain the trust of the community. Locking the pool longer than necessary poses a certain liquidity risk should the Savix contract need to be renewed or rescheduled in the future.
Token Allocation and Budget Allocation
Initial Public Presale 5%
20% IEO Launchpad
Presale 40% Unicrypt
20% Uniswap liquidity (public sale)
7% Ecosystem Fund
3% bounty program
5% Team
BUDGET DISTRIBUTION (ETH):
36% of Uniswap liquidity
7% Ecosystem Fund
30% Further development
17% marketing
10% reserve
Token Details:
Ticker: SVX
Platform: Ethereum
Token type: ERC-20
Available: 70,000 SVX (70%)
Total volume: 100,000 SVX
IEO price: 1 SVX = 0.0166 ETH
Acceptance: ETH
Bonuses: 20% discount
Unsold tokens will be transferred to the next stages of pre-sale preparation.
Presale course: 1 ETH = 60 SVX
Adjustment February 4, 2021: Additional bonus of 10% (10SVX / ETH) taken from the ecosystem fund
Token contract address: 0x8a6e8e9f7d61e97bde7e66336dbeea4fcbb388ae
The presale will end on February 8, 2021 or when the maximum amount of ETH is increased.
Minimum deposit: 0.1 ETH
Maximum contribution: 15 ETH
Uniswap Liquidity Pool
Shortly after the presale, we will host Savix on Uniswap for public trading.
Starting price: 1 ETH = 50 SVX
Estimated Liquidity (Presale Target Achieved): ~ 800,000 - 1,000,000 USD (Depends on Ethereum volatility)
Estimated Market Cap: ~ $ 1,800,000 - $ 1,900,000
The Uniswap pool will be locked for 6 months - long enough to gain the trust of the community. Locking the pool longer than necessary poses a certain liquidity risk should the Savix contract need to be renewed or rescheduled in the future.
Token Allocation and Budget Allocation
Initial Public Presale 5%
20% IEO Launchpad
Presale 40% Unicrypt
20% Uniswap liquidity (public sale)
7% Ecosystem Fund
3% bounty program
5% Team
BUDGET DISTRIBUTION (ETH):
36% of Uniswap liquidity
7% Ecosystem Fund
30% Further development
17% marketing
10% reserve
Token Details:
Ticker: SVX
Platform: Ethereum
Token type: ERC-20
Available: 70,000 SVX (70%)
Total volume: 100,000 SVX
IEO price: 1 SVX = 0.0166 ETH
Acceptance: ETH
Bonuses: 20% discount
Roadmap
: "Built-in protocol staking "
May 2020
Assembling the Savix team
June 2020
Mathematics and algorithms development
July 2020
Savix smart contracts development
August 2020 White papers
Alpha version
Pre-sales workflow development / Telegram bot development
September 2020
Presale Smart Contract Development
Savix Website Design
October 2020
Smart Contract Modeling and Auditing
Social Channel Development
November 2020
Presale Dapp Development
The public launch of a website and social channels
in December 2020
Creating Community
in January 2021
Presale tokens
Pool Uniswap
March 2021
city of Alpha version Savix Trinary,
April 2021
Release Savix Trinary Dapp
Learn more about the project:
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
Username Bitcointalk: Yossie
Profile link: https://bitcointalk.org/index.php?action=profile;u=2598583
ETH: 0xcd949a4edc72e23ffb624e47ac584ac1c89e5d8d
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