SAVIX

 SAVIX

mathematical logic behind the embedded Savix protocol has the following characteristics:



Introduction

Decentralized finance applications are one of the most important uses for digital currencies today. With user-friendly 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 appropriate ledger, which displays the desired financial instrument. Tokens used in this way are temporarily "locked" and therefore cannot participate in the staking protocol at the same time. The user must make a decision, so to speak, whether he will invest his money conservatively and safely when placing bets, or more consciously taking into account the risk with the greatest possible return using the DeFi product. With Savix, virtual currency is now available for the first time, 

The perfect collateral for DeFi

With Savix, virtual currency is now available for the first time, making it possible 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.

Benefits for currency holders

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

Multi-beneficiary

Because the Embedded Stacking Protocol (PES) ensures full availability of token use in other DeFi products, the rewards can be doubled with Savix. Thus, betting rewards are 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.

Comfortable

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.

Flexible

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.

Fair

Savix's embedded protocol rates evenly adjust all balances according to the embedded offering curve (see 3). No preference is given to any particular holder. All wallets are treated in the same way, regardless of balance, transaction volume or other parameters.

Transparent

Savix sources are open. 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.

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.

Independent

With Savix, you remain independent because tokens are always liquid, earning rewards (no blocking), and can be freely moved or invested in DeFi products.

These features are made possible by the unique Inline Staking Protocol (PES), which implies the ability to invest in high-yield DeFi products with predictable backing from conservative staking.

Briefly about the features of Savix:

built-in staking protocol

compatible with any DeFi project

fully automated - 100% passive

unique project (no copy / paste)

real-time rewards

additional level of passive income

completely transparent working mechanism

resistant to manipulation

working product ready to deploy

By using Savix, investors can receive triple rewards:

ETH and Savix from Uniswap Commission Share.

Savix from built-in ERC20 betting protocol

ETH from the Savix "Trinary" pool 

BUILT-IN PROTOCOL (PES)

To implement the stacking features mentioned above, a stacking mechanism has been built into the ERC20 protocol. The algorithm works by regularly increasing the total number of tokens in accordance with the mathematical logic implemented in the smart contract. Account balances are determined by their individual share in the total supply, which guarantees a non-dilutive distribution of tokens. This way, the relative staking profit remains and remains the same for all accounts regardless of size and user-related parameters such as staking duration, bet pool selection, etc.

 mathematical logic behind the embedded Savix protocol has the following characteristics:

Transparent calculation of the offer, predictable for investors.

Calculation robustness to user behavior and network effects

Efficiency in calculating computing power and transaction costs

TOKENONMICS AND TOKEN SALE

The initial price of the SVX token on the market will be 50 SVX / ETH. There is no private sale. The public presale will be split into three phases, each phase and possible sub-phase will have different discounts and processors. The public sale will first start on Uniswap and then roll out to traditional exchanges to increase the reach of the token.





GENERAL CHARACTERISTICS OF INITIAL PUBLIC SALE:

The goal of the pre-sale is to collect a maximum of 83 Ethereum without a 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

Soon 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 distribution 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% Uniswap liquidity

7% Ecosystem Fund

30% Further development

17% marketing

10% Reserve

Token details:

Ticker: SVX

Platform: Ethereum

Token type: ERC-20

In stock: 70,000 SVX (70%)

Total volume: 100,000 SVX

IEO price: 1 SVX = 0.0166 ETH

Acceptance: ETH

Bonuses: 20% discount

Initial public presale





Road map

A public sale of tokens and the launch of the UNiswap liquidity pool are scheduled for December 2020.

Development of the triple Dapp Savix will begin immediately after this, as well as partnerships with other DeFi providers.

The first alpha version of Trinary should be available around March 2021.
 
Learn more about the project:





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




AUTHOR

Bitcointalk Username: tonojack80

Telegram Username: @tonojack80

Bitcointalk Profile :https://bitcointalk.org/index.php?action=profile;u=3122847

ERC-20:
0xd0cA9Fb2f816310bc21F816b0EfA6334BB2C3073

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