The latest development on the blockchain as we speak right now is this platform called Savix. It has just emerged and is promising especially for those who intend to explore the blockchain. It is a remarkable project that will for governance system and will provide a lot of quality services on DeFi for all users of DeFi and of digital assets. This platform called Savix is one big project that plans to boost the activities of the entire users of blockchain and now it is already at the verge of making its solutions available and useful for all.
WHAT IS SAVIX
Savix is a very unique platform dedicated in providing fast, smart, accessible, profitable opportunities to users through the use of decentralized finance with few barriers. Savix decentralized finance (DeFi) consists of financial applications that operate primarily via a decentralized blockchain. Savix defi effectively by passes the intermediary that is widely used by financial apps and platforms today, with the goal to expand values such as Lending-Borrowing, Stocks (bonds, and other tradable assets), Asset storage, exchange of cryptocurrency, decentralized application and automated market maker
Savix is also a defi answer to traditional account system that openly approaches DeFi Services and Products.The main solution of Savix is to create an economy on the opposite sides of this spectrum, the lenders, frugal spenders and the borrowers and heavy spenders. Savix with its unique and dynamic approach to DeFi products and interaction will usher a new model of application and usage via its offerings. Holders of savix tokens dictate all platform integrations and directions. The core of the system offering revolves around a truly decentralized and secured network.
SAVIX TOKEN
Savix token is the backbone to savix dashboard applications, which was built through the use of defi to promote transparency in all transactions, This will however promote trust among participants and also build a positive reputation for the system, when all transactions are transparent,it becomes very difficult for human manipulation to come to the place as all transactions are automated with the smart contract.
SAVIX STAKING
Savix will support the staking of its native token (SVX) alongside a non-custodial staking of non-platform established tokens, the Savix token is the backbone to the integrated dashboard with applications built on top of it, Therefore letting 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
CONCLUSION
Savix is a DeFi Platform that focuses on offering Sustainability and solving the existing Problems in DeFi space. The SVX tokens are the DeFi answer to traditional savings accounts embody to receive rewards , the Savix system connects group of investors together in a single platform where Lending , borrowing , trading , staking and other financial services will be made available in the platform.
What is Savix?
Savix is a Decentralized Finance Ecosystem based on Blockchain Technology where their ecosystem becomes a bridge between traditional centralized financial systems and modern decentralized systems. Their ecosystems are designed using Blockchain Technology to create an Ecosystem that combines two financial systems in one platform. Ecosystem provides flexible Saving Account options by combining these two things, they offer a new unique Platform with an easy-to-use interface, by minimizing processes and maximizing functionality to provide a more smooth and efficient process. Saving Accounts are indeed profitable, but today's traditional systems are very complex and less flexible, Savix Platform is the answer to all of that by utilizing Blockchain Technology.
The platform they designed is unlike other DeFi platforms, Savix provides a new concept that is multi-functional and profitable. Compared to other DeFi platforms which are monotonous and lack of innovation, Savix provides its users with a unique platform where they can create more profitable Blockchain-based Savings Accounts, Savix. creates a new unique concept, namely Triple Income in one process, Users can get from Liquidity mining and Staking as well as the Trinary system where each liquidity is added to the Pool, Users will be given a new token that reflects the total contribution to the pool and gets a new reward layer, Ethereum which is generate from transactions in the ecosystem. Savix is not just a DeFi platform like the others but they create a new system that is unique for everyone. For more details, you can visit savix official website here; https://savix.org/
Benefit
Savix offers a variety of unique benefits on their platform. Various financial options exist on their platform. Creating a new, unique platform that maximizes the potential of Decentralized Finance. They offer a multi-functional dashboard where users can manage their assets more effectively besides that in the future their platform will also be integrated with a payment gateway to convert from Crypto to fiat or vice versa, the last thing is the integration of various basic DeFi such as Lending, Borrowing , Staking, NFT, etc, Their platform has also been audited and ensures the safety of its users, all these benefits are in one platform.
What is Savix Token?
Savix is the native currency used in the ecosystem and this token is based on Blockchain technology. This token acts as the main exchange tool in the ecosystem where users can use it for various things such as Lending, Borrowing, Staking and many other things. This token is based on Ethereum Blockchain Technology (ERC-20) which provides flexibility for users with the Smart Contract feature where various processes are carried out automatically. With only 1 type of token you can get 3 income options at the same time, interesting isn't it?
Market Growth
Blockchain technology presents a new trend on the financial market called Decentralized Finance (DeFi). This is a new financial system that gives everyone access to the traditional financial system through the Blockchain Technology and is a solution to various financial problems that we often encounter today. Blockchain technology implementation has begun in various sectors, especially in the Financial Ecosystem and Blockchain Technology, which is an alternative to the basis of the system, the Decentralized Financial System (DeFi), which introduces a better financial system for everyone. When this blog was written, the market capitalization of DeFi alone was more than $ 40 billion and this number will continue to grow every year, Savix is the gateway to a new financial system based on Blockchain where everyone can use a platform that provides a "Saving Account" Concept much better.
Conclusion
The Financial Ecosystem offered by Savix is very unique and revolutionary, their platform offers a more flexible and profitable Saving Account based on Blockchain Technology, They also provide various conveniences for their users as well as many unique features in one DeFi ecosystem. The Savix platform allows anyone to enter DeFi without having to go through a complicated process through their User Interface Dashboard which is very easy to use, they also offer a unique community based Business Concept. The developed platforms also use a strong framework in which they ensure transparency and security for every process in their ecosystem. I personally highly recommend you to be a part of this DeFi Ecosystem!
I think it's enough for now, Don't forget to follow & upvote for more content about the new potential Project, I will give some links related to Savix Ecosystem below. Thank you very much!
Website: https://savix.org/
Twitter: https://twitter.com/savix_org
Telegram: https://t.me/savix_org
Medium: https://savix-org.medium.com/
Github: https://github.com/SavixOrg
Whitepaper: https://savix.org/docs/Savix-Whitepaper-V2-0.pdf
Authored By Desknes
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