SAVIX :Is The First Self-staking Token With A Staking Mechanism To Be Embedded In The ERC20 Protocol
Hello everyone here I will review a project about SAVIX, here is the review:
Savix is the first self-staking token with a staking mechanism embedded into the ERC20 protocol. It offers many unique features: the first predictable embedded staking protocol.
- Gas-free staking prizes straight to your wallet
- can be combined with other DeFi projects
- unique in its innovative betting mechanism
- products that are ready to run and audited
- profitable with 85% APY for the first year
- 1 Token = 3 streams of passive income (See Trinary Dapp)
The Way To Smart DeFi For Everyone
The main aim of Savix is to enable users to benefit as much as possible from the new investment opportunities created by decentralized finance with the least possible constraints. This is a Savix mission.
Therefore, we allow users to combine multiple revenue streams while maintaining full flexibility of token use. The staking mechanism built into the Savix protocol works without requiring user action. Users do not need to lock their tokens and do not need to claim their rewards as the staking process is fully automated.
"Easy DeFi For Everyone" - savix mission statement
Savix Dashboard For The Heart And Brain Of Savix
To achieve the goals of the Savix mission statement, the following elements will be built into the integrated application:
🡆 A personal financial overview that shows its historical balances, awards and developments
🡆 Decentralized exchange integration to convert to / from Fiat currency and other blockchains using existing bridging technology
🡆 Steering module for various DeFi products such as loans, money markets / liquidity provision, decentralized synthetics, or non-exchangeable token markets
All of these applications will be integrated into the Savix dashboard which will serve as an entry point into a world of decentralized finance for Savix holders.
The most important thing for the Savix DeFi dashboard design is to maximize to reduce complexity as much as possible by centralizing all functions to the minimum to ensure smooth and stable processing of all functions. This is achieved by designing predefined settings and process templates for all actions and interactions that investors can launch and trigger via the dashboard.
Unlike other user interfaces, the Savix dashboard will continue to use the main features of the integrated application. Users will be offered a single choice in an easy-to-use interface, handling complex details of DeFi products in the background supported by predefined processes and workflows designed for typical usage scenarios.
Savix Trinary Optimizes Uniswap Liquidity Provision
Savix Trinary will be the application that applies these guidelines to optimize the returns that investors can get by participating in Uniswap's liquidity pool.
The complex interactions of printing Uniswap dedicated liquidity provider tokens (LP tokens) and reinvesting them to optimize profits will be automated by this application.
Instead of having to actively observe the development of the liquidity pool, withdraw LP tokens and decide whether to reinvest or withdraw, Trinary will only offer investors to participate in an app that takes care of all the details all by itself.
In this way the complexity of optimizing the liquidity supply is reduced to a single decision, whether to participate or not, to click or not to click.
Further details on Savix trinary can be found in specific media articles.
Savix token
The Savix token (SVX) has a dual function in the Savix ecosystem:
SVX tokens create regular, predictable interest generated by the embedded protocol staking mechanism. The SVX core tokens are DeFi's answer to traditional savings accounts as they embody the option of receiving regular, predictable rewards like the classic fiat savings used to be.
In addition, the flexibility of leaving all SVX tokens unlocked while participating in a betting system offers the potential to use SVX tokens as collateral for other DeFi investments at the same time.
This dual nature of the SVX token leads to an excellent concept of multiple possible passive income streams. Alternatively, referring to the integration and use of the Trinary application, the "1 to 3" concept:
1 token activates 3 streams of income
The Savix token is the backbone of the dashboard integrated with the applications built on top of it.
Token info
- Ticker: SVX
- Platform: Ethereum
- Token Type: ERC-20
- Available for sale: 70,000 SVX (70%)
- Total supply: 100,000 SVX
Finance
- IEO Price: 1 SVX = 0.0166 ETH
- Receive: ETH
- Bonus: 20% discount
Climbing the Olympics Step by Step: The Savix Road Map
Often it is in life the ways to achieve the goals described here long. Nevertheless, the path is well known and we are well on our way, having accomplished a few milestones.
Savix token smart contracts and betting logic are designed, developed, audited and implemented. The betting mechanics are activated as soon as official trading begins! All ready to launch!
The next steps required on the journey to an inclusive DeFi ecosystem and dashboard illustrated above are:
Creating market awareness and stability for SVX tokens
This task goes hand in hand with a lot of marketing and community building as the stable value of the SVX token is critical for all future features that will be built. Therefore, interaction with YouTube influencers, but news portals will also play a major role in this development phase.
Choose suitable DeFi partners and work with them
Of the hundreds of DeFi products and tools available, a choice of products that work well should be selected to set up a partnership that benefits both parties. Potential DeFi partners will come from the areas of Decentralized Exchanges (DEX), Decentralized Money Markets (such as loans and loans), Decentralized Synthetics (such as digital stocks) and non-exchangeable token markets.
Test-Practice Solution Savix Trinary
To demonstrate the power of multiple revenue streams, the Trinary dapp will be developed as one of the first priorities.
Savix Integrated DeFi Dashboard
Savix Dashboard will always be organically evolving software that adapts to new partner products and ideas and requirements coming from the community. Therefore it will be created in several steps. In conjunction with the Savix Trinary, the first basic version of the dashboard will be released. With the release of the following new dashboard functions and DeFi partner products will be integrated.
Savix Development Roadmap
Q2 2021
Savix Trinary
Awareness campaign
Partnership preparation
Q3 2021
Official partnership with the DeFi project
Technology integration with partner projects
Q4 2021
Savix integrated DeFi dashboard
Q1 2022
A complementary DeFi partnership to integrate all DeFi application areas on the Savix dashboard
For more information about SAVIX, please refer to the link below:
WEBSITE :https://savix.org/
WHITEPAPER :https://savix.org/wp-content/uploads/2020/11/SAVIX_Whitepaper.pdf
TWITTER :https://twitter.com/savix_org
TELEGRAM :https://t.me/savix_org
GITHUB :https://github.com/SavixOrg
MEDIUM :https://savix-org.medium.com/
Bitcointalk name :antoniey
Profile link :https: //bitcointalk.org/index.php? Action = profile; u = 3122837
ETH address :
0xd059e737f249D12E4Fad7eE3850c3b05143d0Db1