Topic: [ANN] [POW] Salvium : Evolved CryptoNote with staking, yield and MiCA compliance (Read 1484 times)

Mining profit calculator
https://www.mymining.cc/cpu_hashrates

Looks like we're still in 2018 with monero forks
update yourself a little still old

Sal just fork xmr copypast + team from zeph & haven scammers
staking in pow is rug nothing + premined 12% or 22m coin lol
team sold part of premined coins to some kols
beware  same people were working on rugged projects
new github account +all team accounts on discord are new
everything is red flags

Claim 1: Salvium Was Developed by Zeph Devs

Some have claimed that Salvium was developed by the same team behind Zeph, but this is false. The actual developers of Salvium are Dweab and Neac, former Haven devs who are fully doxxed. You can check out their LinkedIn profiles here:

Neil Coggins: https://www.linkedin.com/in/neil-coggins-7972352/
David Bandtock: https://www.linkedin.com/in/david-bandtock-9647101/
The fact that these devs are doxxed adds credibility to the project, especially when compared to other coins like Zeph and Xelis, where the developers remain anonymous.

First claim: Debunked.

Claim 2: The 12% Premine Is a Rug

Some critics are calling the 12% premine a potential rug pull. However, this premine is clearly allocated: 3.5% for the dev team and contributors, and 8.48% for development and listings. This level of transparency is not only fair but necessary for a project of this scale.

Moreover, the premine is completely transparent and can be verified using a public view key. This is in stark contrast to other coins like Zeph, where a 500k premine exists without any means of verification.

Second claim: Debunked.

Claim 3: Salvium Is Just Another Fork

Some detractors argue that Salvium is merely another fork. However, Salvium goes beyond a simple fork by incorporating enhanced security features that surpass even Monero. The project was recently audited by CypherStack, confirming its advanced security protocols.

Salvium is a private DeFi platform that offers several key features:

Privacy-Focused: Contracts are designed to protect user privacy, staying true to Salvium’s core values.
Regulatory Compliance: Smart contracts are structured to follow regulations, ensuring that Salvium remains compliant.
DeFi Support: Salvium supports various DeFi applications, including exchanges, lending, and yield farming.
Private Token Issuance: Users can create and manage privacy-focused tokens within the Salvium ecosystem.
Interoperability: The system is designed to work seamlessly with Ethereum, potentially enabling cross-chain interactions.
In essence, ETH + Privacy + Compliance = Salvium.

Third claim: Debunked.
For those interested in learning more, I encourage you to check out the following resources:

Salvium Litepaper: https://salvium.io/papers/
Salvium Knowledge Base: https://salvium.io/salvium-knowledge-base/
As always, do your own research and don't let the naysayers sway you. Stay informed and stay safe!

all the above posters are salty jeets from 15%devfeeXELIS

if SAL is so shit then why has 15%devfee xelis decided to only now be "open to compliance?"

15%devfee xelis is dead coin, down 95% from ATH with a dead poomunity. let's review in six months

oh did I forget to mention their totally organic GPU miner that was mining on launch?
LMAO

Beware pow + pos + premine = rug (shitcoin)

Are xmr forks still alive in 2024?
25m sal premined lol
new shitcoin

Classic scam new fork & premined coins

is this fork a joke? 22m premined coin, noticed same team from worked on zeph are now working on sal
beware of this rug pull.

Rather check ZeroClassic. These current forks are just funny. There are every day dozens of new wannabe crypto projects that die in few days

ALERT SCAM

Get ready to reject this premine, shitcoin-fork is coming.

Interesting... and only with 12% pre-mine .... mine it & dump it .... shitcoin

Testing new profitable coin Salvium (SAL)! Act quickly and mine while profitability is high!
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Where can I get a wallet for Salvium (SAL)? — https://pool.kryptex.com/en/articles/salvium-wallet-en


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I will call this pos fork shitcoin

Just a Monero clone?

What pow coin, this is monero fork that is made for privacy, only pos in this is a rug going to 0.

Howdy, this is the real rugrum from Dandelion Networks. The other rugrum fudding this project has nothing to do with me. Thanks to those letting me know of an imposter. Take care all, Salvium to the moon.

Above three replies all saying same thing .
Obviously not a coordinated raid or anything. Some other shitcoin crowd scared I think haha .

I've been looking into this project and yes there is a premine. Nothing wrong with that as long as it's disclosed.
Looks like 6.5m went out at the start to "early contributors"
The rest (another 15.6m) will be given out over 24 month basis, so 650k a month. This is claimed to be used for grants.

The good thing is that you can stake and it seems team is not using their premine to stake/steal rewards which other projects have done before.

It is XMR fork (why wouldn't you fork the GOAT of privacy?), but they already have some features live like return_payment which lets you refund tx to whoever sent it to you. Quite nice
as anything early coin is high risk/reward, team seems to be former haven contributors and are doxxed. that's nice.

I think its worth to follow, layer2 on randomx? interesting. Above all DYOR and be cautious.