AMSTEL YALLE: Introducing Savix.org - A perfect collateral for DeFi

Introducing Savix.org - A perfect collateral for DeFi

About Savix - automated gas-free staking

The Savix project aims at making decentralized finance products available to non-tech-savvy users. The Savix token enables gas-free automatic staking rewards.

With Savix a virtual currency is now available for the first time, which gives the opportunity to profit from staking rewards while keeping token unlocked and liquid, freely available for use in any DeFi product at the same time.

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 main objective is to let users profit as much as possible from new investment opportunities created by decentralized finance with as less barriers as possible. Staking works fully automated while keeping full flexibility of token usage. Using Savix multiple income streams can be combined.

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

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.

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.

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.

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.

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.

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.

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.

Savix Staking Rewards — An Example Calculation

The chronologically fixed supply curve enables exact prediction of staking rewards for any point in time. This absolute transparency leads to the fact that no special stimuli for token dumps arise at any specific moments. This is one important difference to traditional pool based staking methods.

The total supply is recalculated with each token transfer executed by the smart contract. This way the staking mechanism gets by without any external triggers. All Savix balances will grow up to 3 times of the initial investment during the first 5 years.

Savix Trinary: 3 Income streams explained

Savix “Trinary” will be our first Dapp to demonstrate the power of our ERC20 embedded staking protocol. Users receive three distinctive income streams utilizing a single, easy to use DeFi Dapp.

1. Staking rewards

SVX holders earn Savix staking rewards from the embedded staking protocol while tokens get used as liquidity.

2. 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.

3. 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 month to receive yet another reward layer: ETH from our ecosystem pool. We expect a return of 7% to 15% of initial investment directly paid in ETH over the first 6 month.

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

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%

Savix Roadmap

April 2020 - Idea: “Protocol Embedded Staking”

May 2020 - Assemble Savix Team

June 2020 - Mathematics & Algorithm Design

July 2020 - Savix Smart Contract Development

August 2020 - Whitepaper Alpha Version-Presale Workflow Design / Telegram Bot Development

September 2020 - Presale Smart Contract Development-Savix Website Design

October 2020 - Smart Contract Simulation And Auditing-Creating Social Channels

November 2020 - Presale Dapp Development-Public Start Of Website And Social Channels

December 2020 - Community Building

January 2021 - Token Presale-Uniswap Pool

March 2021 - Savix Trinary Alpha

April 2021 - Savix Trinary Dapp Release

Summary:

Users receive ETH and Savix from their Uniswap fee share, Savix from the ERC20 embedded staking protocol and ETH from the Savix “Trinary” Pool. This particular triple income stream is only possible through our unique staking protocol.

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

For documents and media see: https://savix.org/media

Medium : https://anatol69.medium.com/

Github : https://github.com/SavixOrg

AUTHOR

Bitcointalk Username: AMSTEL YALLE

Telegram Username: https://t.me/AMSTELYALLE

Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2550284