The main objective 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 betting mechanism built into the Savix protocol works without requiring any 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.
What is Savix
Savix is a decentralized financial product available to non-tech-savvy users. Savix Tokens allow automatic staking rewards without gas.
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 developments in the liquidity pool, withdraw LP tokens and decide whether to reinvest or withdraw, Trinary will only offer investors to participate in an app that handles 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.
Savix token
The Savix token is the backbone of the dashboard which is integrated with the applications built on top of it.
The Savix token (SVX) has a dual function in the Savix ecosystem:
The SVX token creates regular and predictable interest generated by the embedded betting mechanism protocol. SVX core tokens are DeFi's answer to traditional savings accounts as they embody the option of receiving regular and predictable rewards like the old classic fiat savings made.
In addition, the flexibility to leave 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. Or, referring to the integration and use of the Trinary application, the concept is called 1 to 3.
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.
Savix Trinary Best Practices Solutions
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 on the SAVIX project please refer to the links below:
WEBSITE :https://savix.org/
WHITEPAPER :http://savix.org/docs/Savix-Whitepaper-V1-2.pdf
MEDIUM :https://savix-org.medium.com/
TWITTER :https://twitter.com/savix_org
TELEGRAM :https://t.me/savix_org
Bitcointalk name: antoniey
Profile link: https: //bitcointalk.org/index.php? Action = profile; u = 3122837
ETH address: 0xd059e737f249D12E4Fad7eE3850c3b05143d0Db1