Topic: [ANN] Savix DeFi Token - Gas-free, Automatic, Predictable Staking Without Lock - page 2. (Read 809 times)

Rick did a video about Savix explaining the basics of our automatic staking protocol. Thanks @CryptoRick_YT ! Check it out. Reminder: Last day of the 20% discount. You only need to hold SVX for daily rewards directly to your wallet.

https://youtube.com/watch?v=9sc_OtcckEQ&t=2s

Our IEOs are Live

ExMarkets: https://exmarkets.com/launchpad/svx-btc
LATOKEN: https://go.latoken.com/4mr

First it is necessary to start listing on Unswap and then realize the trinary program. Everything takes a time but I hope that all planed ideas will be realized.

Trinary will come this summer. YOu can alway check at the roadmap published ar savix.org. We will keep the data there up-to-date.

When people stake the coins to earn passive income they lock these coins and can do nothing with them.
It is really very good that in Savix DeFi system it is not necessary to lock the coin and it is possible to use this coin in another DeFi.

According to whitepapers in future the already twofold rewarding possibilities of Savix will be extended to triple. Savix Trinary will add another rewarding layer that lets Savix holders participate in transfer fees generated by the Uniswap liquidity pools.

When do you plan to implement this?

I agree that 2 sources of profit is better than one and they give more profit but when cryptocurrency market will fall even 2 sources of income will not help. How do you plan to stable project if the cryptocurrency market will fall?

Investors will have 2 sources of income, this will increase their profit and reduce the risk of losing money in the event of a drop in the token rate.

You did the right thing to fix everything, because there are a lot of independent auditors who can develop a scandal from scratch, and the distrust of investors will remain, even if you explain that you are right.

There have been minor issues in the first audit report like an unused variable, which being left away saves a little gas, or formal issues, but no major bugs..
Anyway, we wanted the contract to be perfect and therefore decided to let it be audited a secound time after we fixed all those minor issues as well.

It would be technically ok to leave the formal issues aside, but if another auditor will look at the contract any deviation from formal standards could rise questions. And we wanted the Savix contract to be beyond any doubt, since it is the code people must trust.

It is good that they fix everything before the token sale because trust is very important to investors.

So firstly as I understand Quillhash found some issues in Savix during the audit and all of them was fixed and all was passed successfully during the second time

Thank you for the article. I think that profit in 85% for year is a good profit for staking system. But a lot will depend from the price of SVX.

First round of IEO has begun

This week our IEOs has started with a discount of 20%.
The IEOs will run for 3 weeks, discount will decrease to 10% then to 5% in the last week.

You can buy tokens at:

Latokens
Exmarkets

Please read this article on this topic:
https://savix-org.medium.com/savix-staking-rewards-an-example-calculation-8b7b27b5c2d9

Probit is a very good exchange for listing. For investors listing on the exchange with good liquidity means the good liquidity of the coin by itself. IEO on Probit will be more successful than on exmarkets. You will be able to attract more funds for your developments.

Hi everybody and thank you for participating in the discussion. I don't mind asking diffcult ones and please tell us what we can do better.
We always want to learn and we know we cannot do everything perfectly, but who can?

We had chosen exmarkets as first exchange, because they have been correct in their manner to communicate, looking more solid than other exchanges, we had had contact to before, had a good rating by launchpad evaluations dating from the last years and moreoever has been affordable. We had offers from exchanges like probit as well, which we actually would have preferred, but for upfront fees that have been much over the limit I would consider to be appropriate. After all, it is the seed investors money we are spending here and we want wo act reasonable not wasting money on too high fees.

Latoken connected with us a little bit later. Their offer has been very fair as well. This is why we decided to give both of them the chance.

We believe that the "culture" of people trading on exchanges is much different than the "culture" of people using decentralized markets like Uniswap or Balancer.
Our vision is to get as many different people into the Savix boat as possible and we hope that many of them will be less tech-savyy users than the majority of people meeting eg here at bitcointalk. This is the main reason we are going for IOEs at all. A big part of the presale will take place decentralized though.

For details please look at our social channels. I will try to publish most important news here as well.
But it is really hard to imagine how little time I have a the moment. I will do my very best :-)

That is correct and important to us, since you can use SVX tokens as collateral with other ERC20 DeFi projects only if compatibilty is guaranteed.

Definitively! But: We already have a running product. There will be no beta. The self-staking mechanism will work from day 1 when the liquidity pool has started.
Have a look at our articles at medium.com to read more details on development plans, our vision in general and how the value behind our token will shift from the pure staking modell to a general DeFi environment over time.

Thank you for information, but there is no exact numbers and you do not know your future reward.

The mathematical logic of formation the basis of Savix’s protocol is explained in Whitepapers page 5-6. As I understand according graphic on page 6 the reward for staking will grow over the time.