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

Ok, when this coin will stop falling down?

SVX = $5.03
Now we talk

Well, I've been DMOR since 2014.

Of course everyone should do he/her own research.
Nevertheless, we are in a bull market, market cap is still low.
Current information can always be found at the medium page savix-org.medium.com.
Status of development and marketing steps will be explained, next update on this will come at the beginning of next week.

But the question remains, are they a solid platform that can go back easily? It is hard to trust a project with your hard-earned money. So better make sure that you did your assessments before buying any of their token.

Correction, the time is now
SVX = $11.70

Question is not avoided. Sorry, but as we are very fex people on the project I just did not see there war an open question here.
Thanks for posting it again.

1) Total Suppy: Ths suppyl is being adjusted all the time according to the predefined inflation curve (see whitepaper). There is not exact max. supply, but after 5 years supply will be 350.000 tokens. Afterwards increasing at a rate of about 8% per year.

2) Team members will not reveal their personal data to the public. In that meaning the team remains annon. But we have official contracts with exchanges and will soon add an official corporation which is responsible for running the Savix project. So concerning business-to-business relations we are not annon. We just want to keep our private life and family out of the line of fire.

3) The bounty manager`s work has been good so far. We canno tjudge other peoples experiences.

Best
Anatol   

since I asked this, the op never answered the question. I think the op doesn't want to answer, it is proven that he is still active and answers other people's questions. impressed he avoided my question this could be the yardstick of a project, be careful everyone who is here.

Savix is now listed on @blockfolio and we thank our community for all the upvotes

Pleas have a look at our website: https://savix.org/#partners

We just partnered with SWFT, a combination of DEX, wallet and payment provider and BiP, a trading bot, where SVX holders can particpate in gains of trading bots.

Trinary will take until summer, maybe early July.

I hope you entered at low price. Now moving up again.
Today Savix has been at place 1 of CMC trending tokens!

Savix Trinary sounds pretty interesting for me as it will offer Savix holders 3 distinctive passive income streams. When it will be ready?

I see the price is falling, now is under $19.
According to low supply, this could be a good entrance point.

Savix facilitates the complicated process of decision making pro/con conservative investment in staking versus progressive investment in DeFi:

You can have both at the same time!

ILO at Unicrypt starts tomorrow 26th March at ETH block 12.115.904!

Get a warm up at our AMA today:

https://twitter.com/GemChaserz/status/1374778379241725953

This is the last week of IEO!

Initial Liquidity Offering at Unicrypt will start on Friday 26th of March!

After this Uniswap pool will be created and public strading starts.

Check out news abaout Savix in the media:

https://savix.org/#mediaarchive

News from Savix:

• External audit report published on https://savix-org.medium.com
• Contract redeployment info on https://savix-org.medium.com
• New presale phase on exmarkets and latoken: current discount 10%

Good Job!

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.

What reward on the staking system do you offer? Please explain how do you calculate your profit.

I think that administration of the project things that 2 exchanges are better then one exchange. Because  latoken  has its own traders,  exmarket has its own traders too. The community of  Savix will be much bigger if it will be listing on two exchanges than on one exchange. It will be promotion of  Savix on two exchanges. But it is only my opinion. When project has a staking system investors think only about the price of the token.

Well, if we traced back, I am not the one suggesting binance, or saying anything about it at all. I am simply suggesting to go with just latoken instead of taking exmarket too. Ask the one bringing binance into the topic, @pintadj

I absolutely agree with you. But how to get listing on Binance? I think that it is very difficult for new project. If it was simple all projects would have listing on Binance, because the listing on Binance is the best marking and all investors are waiting new projects with listing on Binance. Savix will start from the listing on Uniswap because it is a DeFi projects. But to have a good price on  Uniswap it is necessary to have a listing on centralize exchanges with good liquidity. I think that they  Exmarket  because it is more simple to get listing on  Exmarket. But it is olny my opinion. I do not know how difficult is to get listing on  Exmarket. 

With good liquidity and platform usefulness in mind as the most important matter, wouldn't it further strengthening the argument that they need an adequate exchange with good quality rather than average (or below average) ones with poor performance? If we suppose they goes according to plan, or perhaps adding three more exchange for IEO (a lower tier exchange), and one or two of them create troubles in withdrawal, high fee, lost balance, etc, wouldn't you agree that people will automatically reflect and consider the project as poor and faulty? I would prefer quality over quantity for IEO, and once the project established, they can add more (and perhaps less reputable) exchanges.

As for me I only think that Exmarket is better than nothing. Savix has a staking system and for staking system it is necessary to have a good liquidity. For this reason the token must be listed on the exchange with big liquidity. But the most important thing is that platform will be useful for people and it will be a lot of users. More users more liquidity.

I agree that Binance is better than Exmarket. But it is very difficult to start listing on Binance. Exmarket has a good liquidity and high trading volumes. If it will be a bad exchange traders would not use it.  I only wanted to say that  Exmarket is better than nothing and it is necessary to start with something.

So Savix received an ERC20 compliance certificate, verifying that our underlying staking system does not interfere with the ERC-20 interface. I think it is very big plus

Interesting opinion. Perhaps chasing this discussion would lead to an OOT subject, but I frequently stumbled upon investors on telegram and other channels who got dismayed upon exmarket, either for the lost fund, high withdrawal fee, or bad future of projects who launched their IEO on them. Moozicore, for example. Can you please perhaps name one or two projects that's launched their IEO on exmarket and managed a steady development and growth?

Exmarket is a very popular exchange. There are a log of projects on Exmarket. Trading volumes on Exmarket  are good and a good liquidity. I think the more exchanges will be for the listing of the token the better will be for liquidity.

By such way user will have a doble profit from staking of tokens and from using theim in other DeFi projects for the same time. But a lot will depends from the price of the tokens. That is why listing on many exchanges is necessary.

It'll be more feels like one exchange, exmarket is (in)famous for failed or PnD projects that I advise to leave them and chase better exchanges (if there any reachable within the timeframe). If there were none, I actually suggest to go solely with latoken. Just my 2 cent, though.

Is the total supply 100,000 tokens? and I don't see any transparency team on the website and the whitepaper. and for your bounty manager to use the services of someone who has a bad reputation, this will also be bad for a project.

https://bitcointalk.org/index.php?action=trust;u=2407868

Tokens used in the staking system in DeFi projects are temporarily “locked”. Using Savix a virtual coins now it is possible for the first time make to profit from staking rewards while keeping the coin unlocked and liquid, freely available for use in any other DeFi product at the same time.

For more information it is better to read Whitepapers https://savix.org/docs/Savix-Whitepaper-V2-0.pdf

Yes, that's right, the Presale at Exmarket will start on March 8, 2021, while the Presale on Latoken will start on March 10, 2021.
SVX token trading will also start in March (listed in the Savix roadmap).
The total supply of tokens is very small, hopefully it can attract investors

Savix DeFi has a staking system and for project with staking system I think that it is very important to have listing on many exchanges, that it will be no problems with exchange of the earned tokens,

Emarkets and Latokens are popular exchanges. Also it will be a listing on Uniswap. I think for listing 3 exchanges will be more than enough.

If possible, don't chase these exchanges. 2 are more than enough to start with.
It is better to focus in your developments, and attract potential customers on your platform.
Because without them, the value of your token, even if it has very low supply, will not grow if your platform itself is not up and working.
I hope, I will not see a forever beta stage of a defi platform here. Make your platform an active one by attracting as many customers as you can.

This is correct. End of March there will be another round of the presale at Unicrypt, which will directly lead to a locked Uniswap pool.
Only after the Uniswap pool ist created the exchanges may start their trading pairs.

Exmarktes and Latoken will certainly be the first. We have severeal listing offers from other exchanges already as well, but it is too early to tell more at the moment.

I checked the site. Soon the presale will start at Emarkets and Latokens. But when IEO will finished and the listing will start on the exchanges?

When will you plan to start listing on exchanges? What exchanges it will be?

I am just waiting for my copper membership to be able to post images, before I can finish the ANN.
Meanwhile you can have a look at https://savix.org.
Staking is gas-free, because it es a rebase contract, rewards do not come by transaction but by rebasing.

interesting with gas free ? but how can my friend ?
and will be better if you can give us a simple explanations about that buddy
regards

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