SAVIX- Redefining Passive Income

Introduction

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 Savix

Savix is a standard ERC20 token with a staking mechanic embedded into the ERC20 protocol. It does not need extra transactions, additional contracts, oracles or user interactions to operate.

Savix can be used without restrictions because it works like any other ERC20 token. Staking continues to operate even if Savix gets deposited into other DeFi Projects like Uniswap. Used with uniswap would earn you liquidity provider fees on top of the built-in staking rewards for combined profits. Savix is the perfect DeFi collateral.

Vision

Our main goal is to enable users to take full advantage of the new investment opportunities created by decentralized financing, with as few barriers as possible. Therefore, users combine several revenue streams, while maintaining full flexibility in the use of symbols. The betting mechanism built into the Savix protocol works without the need for user action. Users do not have to block their chips and do not have to claim their rewards, as the betting process works completely automated.

Advantages for Currency Holders

Savix is the best collateral for decentralized finance because, it is

1. Multi-Beneficiary

Since Protocol Embedded Staking (PES) allows complete availability of token usage in other DeFi products, rewards can be “doubled” using Savix. This way staking rewards are an extra Layer of passive income. The upcoming liquidity incentive program “Trinary” (see 7) will offer Savix holders another distinctive additional income stream.

2. 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.

3. 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.

4. Fair

Savix protocol embedded staking evenly adjust all balances according to the embedded supply development curve (see 3). 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.

5. 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, no minting of additional coins. Staking rewards are fully transparent and predictable.

6. Stable

With Savix there aren’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 a less volatility.

7. Independent

With Savix you stay independent because the tokens always stay liquid while earning rewards (no locking) and can be freely moved or invested into DeFi products

These features are made possible by the unique Protocol Embedded Staking (PES), which implies the possibility of investing in highly profitable DeFi products with a predictable backing by conservative staking at the same time.

Features

• 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
• Great tokenomics: 70% distributed to the public + 10% Liquidity-Pool

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 spilt 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.

Token Distribution & Budget Allocation

• 5% Initial Public Presale
• 20% IEO Launchpad
• 40% Unicrypt Presale
• 20% Uniswap Liquidity (Public Sale)
• 7% Ecosystem Fund
• 3% Bounty Program
• 5% Team

BUDGET ALLOCATION (ETH)

• 36% Uniswap Liquidity
• 7% Ecosystem Fund
• 30% Further Development
• 17% Marketing
• 10% Reserve

Token Details

• Ticker: SVX
• Platform: Ethereum
• Token Type: ERC-20
• Available for sale: 70,000 SVX (70%)
• Total supply: 100,000 SVX
• IEO Price: 1 SVX = 0.0166 ETH
• Accepting: ETH
• Bonuses: 20% Discount

Initial Public Presale

GENERAL CHARACTERISTICS OF THE INITIAL PUBLIC PRESALE:

The presale goal is to raise a maximum of 83 Ethereum without a minimum. Savix is privately funded and already shows a working product with (internally) audited smart contract. Contributions of the initial presale will be used for next developments, external audit(s), marketing and partnerships.

Unsold tokens will be moved on to the next presale phases.

• Presale Exchange Rate: 1 ETH = 60 SVX
• Adjustment on Feb 4th 2021: Additional bonus of 10% (10SVX/ETH) taken from ecosystem fund
• Token contract address: 0x8a6e8e9f7d61e97bde7e66336dbeea4fcbb388ae
• Presale will complete on Feb 8th 2021 or when the maximum amount of ETH is raised.
• Minimum Contribution: 0.1 ETH
• Maximum Contribution: 15 ETH

Uniswap Liquidity Pool

Shortly after the presale we will list Savix on Uniswap for public trading.

• Initial Price: 1 ETH = 50 SVX
• Estimated Liquidity (Presale Goal Reached): ~ 800.000 – 1.000.000 USD (Depends on Ethereum volatility)
• Estimated Market Cap: ~ 1.800.000 – 1.900.000 USD

The Uniswap Pool will be locked for 6 month, long enough to build trust with the community. Locking the pool longer than necessary represents a certain risk to the liquidity in case the Savix contract needs to be updated or migrated in the future.

Roadmap

For More Information Click Links Bellow:

• Website: https://savix.org/
• Whitepaper: https://savix.org/wp-content/uploads/2020/11/SAVIX_Whitepaper.pdf
• Telegram: https://t.me/savix_org
• Medium: https://anatol69.medium.com/
• Twitter: https://twitter.com/savix_org

Author: laytong99

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2832109

ETH Address:  0x40609A6F5D5569469a8bcc8843C4726b8A839B8D