The DeFi answer to traditional savings accounts – Redefining passive income

Savix is the first self-staking token with a staking mechanic embeded into the ERC20 protocol. It offers many unique features:the first predictable embedded staking protocol.

gas-free staking rewards directly to your wallet

combinable with other DeFi projects

unique in it’s innovative staking mechanism

a ready-to-run and audited product

lucrative with 85% APY for the first year

1 Token = 3 streams of passive income (See Trinary Dapp)

The Road To Smart DeFi For Everyone

Savix main objective is to let users profit as much as possible from the new investment opportunities created by decentralized finance with as less barriers as feasible. This is the Savix mission.

Therefore we let users combine multiple income streams while keeping full flexibility of token usage. The staking mechanism built into the Savix protocol works without any need for user actions. Users don’t have to lock their tokens and don’t have to claim their rewards since the staking process works completely automated

“Easy DeFi For Everyone” — savix mission statement

Savix Dashboard As Heart And Brain Of Savix

In order to achieve the goal of Savix’ mission statement the following elements will be built into an integrated application:

Personal finance overview showing balances, rewards and their historical development
Integration of decentralized exchange for converting to / from Fiat currencies and other blockchains using existing bridging technologies
Steering modules for different DeFi products like lending, money markets / liquidity providing, decentralized synthetics or non-fungible token markets

All of these applications will be combined into the Savix dasboard which will serve as entry point into the world of decentralized finance for Savix holders.

Most important for the design of the Savix DeFi dashboard is the maxime to reduce complexity as much as possible by concentrating all functionality to the minimum required to guarantee smooth and stable processing of all functions. This is achieved by designing predefined settings and process templates for all actions and interactions investors are able to launch and trigger through the dashboard.

In contrast to other user interfaces the Savix dashboard will stick to main features of applications integrated. Users will be offered single choices in an easy-to-use interface, handling the complex details of DeFi products in the background powered by predefined processes and workflows designed for typical usage szenarios.

Savix Trinary Optimizing Uniswap Liquidity Providing

Savix Trinary will be an application applying these guidelines in order to optimize profits investors can get by participating in Uniswap liquidity pools.

The complex interaction of minting the Uniswap specific liquidity providing tokens (LP tokens) and reinvesting them for optimizing gains will be automated by this application. Instead of having to actively observe the development of the liquidity pool, withdrawing LP tokens and deciding on whether to reinvest or withdraw them, Trinary will simply offer investors to participate in the application taking care of all details by itself.

This way the complexity of optimizing liquidity providing is reduced to a single decision, to participate or not, to click or not to click.

More details on Savix trinary can be found at the specific medium article.

The Savix Token

The Savix (SVX) token has got a double function within the Savix ecosystem:

SVX tokens create predictable regular interests generated by its protocol embedded staking mechanism. At the core SVX tokens are the DeFi answer to traditional savings accounts since they embody the option to receive rewards which are regular and predictable as classical fiat savings once used to do.

Additionally the flexibility of letting all SVX tokens unlocked while participating in the staking system offers the potential to use SVX tokens as collateral for other DeFi investments at the same time.

This double nature of SVX tokens lead to the exceptional concept of multiple streams of passive income made possible. Or, referring to the integration and usage of the Trinary application, to the concept of “1 to 3”:

1 token enabling 3 income streams

The Savix token is the backbone to the integrated dashboard with 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

Financial

IEO Price: 1 SVX = 0.0166 ETH
Accepting: ETH
Bonuses: 20% Discount

Climbing The Olympic Step-By-Step : Savix Roadmap

As often in life the way to reach the goals outlined here is a long one. Nevertheless, the path is well-known and we are on our way, having achieved several milestones already.

The Savix token’s smart contract and staking logic is designed, developed, audited and deployed already. The staking mechanics get activated immediately after official trading starts! All ready-to-roll!

The next steps necessary on the way to the inclusive DeFi ecosystem and dashboard illustrated above will be:

Creating awareness of and market stability for the SVX token.

This task goes along with a lot of marketing and community building since a stable value of the SVX token is essential for all upcoming features to be built upon. Hence interactions with YouTube influencers, but news portals as well will play a major part in this development phase.

Selecting suitable DeFi partners and establishing cooperations with them.

From hundreds of DeFi products and tools available a selection of well-working products will have to be selected in order to set up partnerships to the mutual advantage of both parties. Potential DeFi partners will come from the areas of Decentralized Exchanges (DEX), Decentralized Money Markets (like lending and borrowing), Decentralized Synthetics (like digital shares) and non-fungible token markets.

Best-Practise Solution Savix Trinary

To demonstrate the power of multiple income streams the Trinary dapp will be developed as one of the first priorities.

Savix Integrated DeFi Dashboard

The Savix dashboard will always be organically evolving software the adapts to new partner products as well as ideas and requirements coming from the community. Therefore it will be created in several steps. In connection with Savix Trinary a first basic version of the dashboard will be released. With the following releases of the dasboard new functions and DeFi partner products will be integrated.