SAVIX -Redefining passive income

SAVIX main objective is to let users profit as much as possible from the new investment opportunities created by decentralized finance with as less barriers as possible.

The staking mechanism built into the Savix protocol works without any need for user actions. Users don’t have to lock their tokens and don’t have to claim their rewards since the staking process works completely automated.

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

  1. Multi-Beneficiary
    Since Protocol Embedded Staking (see next paragraph) allows complete availability of token usage in other DeFi products, rewards can be “doubled” using Savix. This way staking rewards work like 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. 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 less volatility.
  7. Independent
    With Savix you stay independent because tokens always stay liquid while earning rewards (no locking) and can be freely moved or invested into other DeFi products.

Trinary details:

  • 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.
  • Staking rewards
    In addition, you will earn Savix staking rewards from the embedded staking protocol while your tokens get used as liquidity.
  • 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 Fund. We expect a return of 7% to 15% of the initial investment directly paid in ETH over the first 6 month.

Token Distribution & Budget Allocation
5% Initial Public Presale
15% IEO Exmarkets
15% IEO Latoken
30% Unicrypt Presale
20% Uniswap Liquidity (Public Sale)
7% Ecosystem Fund
3% Bounty Program
5% Team

Unsold tokens will be burned.

BUDGET ALLOCATION (ETH):
36% Uniswap Liquidity
7% Ecosystem Fund*
30% Further Development
17% Marketing
10% Reserve

Initial Public Presale

ROADMAP

For More Information:

WEBSITE | WHITEPAPER | MEDIUM | TWITTER | TELEGRAM |

Author : cold_murchete

--

--

--

freelance writer on jakarta

Love podcasts or audiobooks? Learn on the go with our new app.

BNS IEO on KuCoin ‘Spotlight’

What Impacts my Transactions? | FAQs

Polkacover announce its partnership with Phantasma Chain

Where Can You Find Trading Signals in the Crypto Market?

Wollito is on Facebook

Coinmonks weekly Letter #20

What Will Happen After the Ethereum Merge?

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
cold_murchete

cold_murchete

freelance writer on jakarta

More from Medium

Here Is A Method How To Make Money Online

The CBP Blockchain Update Presented by Twila Riffel and Jeff Saum

7 ways to relieve stress

What Is Polygon? (Matic)