We are pleased to announce our next AMA on January 27th 2021 at 02:00 PM UTC Time: Satoshi Club x Savix
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Savix Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 100 seconds. You can post Max 3 questions. Savix Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Savix
For more details:
Savix – @savix_org
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
One of the attribute of Savix is that scarce, fair, Trustworthy and transparent. However, I discovered that the team is anonymous. Can we trust an anonymous team to be operate Savix in an transparent manner? Also, from your FAQ, you answered the question of audit by assuring that the Savix contract has passed an “internal audit” and you can guarantee investors safety from any form of contract misbehaviour. Don’t you think it will be more transparent to employ an external audit to ascertain the risk level of your contract in order to be fair, transparent and boost investors confidence and trust in your project?
Savix opens up possibility to receive 3 streams of passive income through Uniswap Reward, Staking reward and “Trinary” reward. Uniswap reward for LP providers and Staking reward are well known. But the third reward, Trinary reward also rewards Uniswap LP providers by minting Liquidity tokens to these providers based on the ratio of their liquidity provision in the LP pool. So, how is uniswap and Trinary reward different and what can the liquidity token be used for? In addition, I read that the Trinary reward can give investors a return of 7% to 15% of initial liquidity investment directly paid in ETH over the first 6month. Is this a separate reward?
Savix token, $SVX, is a currency token and doesn’t provide utility benefits such as ability to be used for governance by holders and investors. Why did you take this approach? Does this mean the project Anon team alone will be the one to unilaterally decide on project features and direction on behalf of the community? Wouldn’t this negate the decentralized nature of Defi if community members don’t have a influence (even if it’s little) on how project should be headed? How do your project integrate community and what role do they play in the Savix ecosystem?
I am impressed with Savix’s Protocol Embedded Staking (PES), can you introduce us about PES? Because Savix is new, why can investors trust PES and Savix ?
I have read the Whitepaper, what is the difference between: Uniswap Rewards, Staking Rewards and Trinary Rewards? Why do Savix have 3 rewards?
What difficulties has your team had in culminating with an acceptable adoption of your $ SVX token?
Savis coins be used like all standard ERC20 tokens for pooling, lending, yield farming mining and so on. What percularity does Savis coun offer different from other standard tokens.
The presale goal is to raise a maximum of 1166 Ethereum without a minimum. Will this figure be sustainable. 15% reserve according to budget allocation. What happens when demands from users overwhelms reserve. Will reserve allocation increase.
Could you explain more your tokenomics? I saw on your whitepaper that you have planned 10% of your tokenomics for Uniswap Liquidity (Public Sale), and this could change if you reach the goal you set. How are you planning to provide liquidity? Are you planning to token burn in the future or buy back? Also, will the token value and design change if Savix gets more success that you originally expected?
Could you explain a little better how Savix can produce 3 passive income streams with Trinary? Will this Trinary Service be some sort of exclusive service for investors or like a membership, or can anyone have access to it? When will it go live?
You said Savix is a standard ERC20 token, and every standard ERC20 token needs more recognition, especially in its early days, to last a long time in this world. That being said, which exchanges will you work with to do this? Where will Savix be listed in the future?
Could you please tell us more about the Savix Features?
About the SVX token, can you explain about tokenomics and the real use of the SVX token in the Savix ecosystem? And does Savix have a presale for SVX tokens?
Is this Protocol Embedded Staking system that integrates SAVIX a mechanism already applied by other protocols previously or has it been developed by you?
Are you planning to promote your project in countries/regions where English is not good? Do you have a local community for them to better understand your project?
What are the difference between: uniswap rewards, staking rewards and trinary rewards. Why do savix have 3 rewards? Which one should users focus on?
What are the advantages of Savix? How is Savix better than other platforms? What makes it unique compared to competitors?
Please tell us about this magical opportunity to feed on several plates at once. I mean – Extra reward layer. How is it possible to invest the same amount in several pools at once? If this is possible with 2 pools, then why not with 3, 4, 5? I think if you do this, you will become the most popular DeFi project, and many people will solve the problem with money, especially considering that the rewards for stacking do not cost me a cent for commissions. By the way, how do you cover the cost of the commission, which is sometimes very large?
Always keep an gentle relationship between you and your investors,then your project will get an better growth .So,How could you reduce your investors risks.what are the characteristics you provide for your investors risk reducing? Pls briefly describe?
How could you promote your project .what are the ideas you taken for it?
Why are you give high priority to ‘partnership’?pls tells accuracy to know for understand for your investors?
Passive incomes is a protagonistic feaure on Savix. Can you explain the ways that investors can use to receive passive profits? How is it sustentable in a long term?
Every project in DeFi aims to be “unique” and “not copy-paste” just as Savix do. But most of the times they are indeed copy paste projects. What makes Savix a credible UNIQUE project?
In Savix system, tokens are not locked while earning, and we can move or invest them into other DeFi projects. How do away tokens help your system, such that you still provide rewards? In order to calculate the rewards, you need to keep track of the tokens, how do you control them? What kind of extra investment options are allowed for this case, can we invest in any DeFi services or do you have some limits for users to assure your system work properly?
Recently so many projects failed during their Presale events, for not reach the enough cap, so can you mechanism or resources to obtain the public support?
I think investors choose projects by it’s trustability, security, transparency and also efficiency, regarding this last one, can you explain how efficient are the methods to generate passive incomes on Savix?
In the future, I’ve seen Savix intent to integrate a lot of features in a single Dapp, what elements will you introduce into this Dapp? Will it be available for mobile devices?
You are introducing a new staking model called Protocol Embedded Staking (PES). How does “embedded staking” work? What are the advantages compared to regular staking? Your token is ERC-20 a known and widely used one, then what is different in your system that helped you create this PES model?
I have a pretty simple yet complex question for you sir. What is the biggest reach Savix has made so far? What’s the biggest obstacle the Project Savix has faced and how was it overcome?
What information can you provide us on the team of Savix and their professional details? I can’t seem to find any
What plans do you have for Savix as regards building it’s Community thereby getting global adoption? Would there be a translation program or local communities for people that are not native English speakers? How can the community aid the development and growth of Savix finance? Would Community contributions be welcome?
The project team decided to remain anonymous in order to avoid possible problems with the regulatory authorities. This can be understood, now the SEC, having tasted Ripple’s blood, will look for any reason for legal action. For this reason, I do not understand why you are abandoning the DAO. When project management is in the hands of the community , it’s harder to find to whose address the bailiffs should be sent. To summarize the question: Why did you abandon the DAO management form, thereby questioning one of the pillars on which the cryptocurrency rests – decentralization
Can you explain the Savix feature that a SVX holders percentage of the total supply will always remain constant when staking? How will this work?
Savix Platform is a very young project. Your website and roadmap just started last September 2020, just 4 months ago. But how long have you been planning and creating the Savix ecosystem and how many people are already involve in building the project?
Whenever liquidity is deposited into a Uniswap pool, special tokens known as liquidity tokens are minted to the provider’s address, in proportion to how much liquidity they contributed to the pool. What is the name of the liquidity token and its usecases? Will it also be tradable like SVX?
This is really the first time I’ve heard of a token with this embedded staking mechanics. Was this all designed by you? If so, have you tested it enough to say for sure it is the perfect DeFi guarantee?
I understand that Savix has a predictable stakeout algorithm, which performs each of the unlocks and rewards automatically, but why really avoid future changes to the stakeout parameters? Why oppose better futures?
This Integrated Participation Protocol (PES) has only been used in Savix? or has it really already been tested and used by other projects proving reliable? which have they been?
You mention that you can get 85% APY and that you cannot really discover the identity of the project (making us doubt that it is a SCAM project), but despite this you ask us to trust you, but have these contracts been fully audited? but how to trust you?
When will the SVX tokens actually be pre-sold and how long will it be available? after her I can only get these tokens in Uniswap? or will they list it in some IEO Cex?
With a high% of rewards to its users, will it not provide that the funds run out quickly? How to know that it can last more than 6 months what is the duration of the blocking period? with when backup fund Savix gutter?
After the pre-sale of the SVX tokens, what other objectives and goals will the project propose? What other activity will they really develop? Or is it that your Road Map ends until the presale?
Could you give us more details on how implementing a single contract generates a low smart contract risk? Could it be that the more contracts you use, the greater the probability of failures the project will have?
I have really been scammed in many projects that claimed to be profitable and that generated more than 2% of daily rewards, being so, how to know that Savix will not be a scam? Or will it really not keep my capital locked in stakeout? And can I withdraw it whenever I want?
Extra Layer of passive income Multi-beneficiary. The Trinary Liquidity Incentive Program will offer Savix holders three different additional streams of income.
What are these 3 streams of income, what tokens can I earn thanks to this program and will I be able to use them right away? And what is the minimum amount of Savix I should own?
What sources are used to accumulate funds to pay for triple rewards? If this is only 0.3% of the commission, then it seems to me that this is too small to ensure that all the rewards are paid out. And please tell us for each of the three awards what is the profitability of Thank you.
According to your website, Savix have 1 token and 3 passive income. Can you summarize those ways on how to earn passive income with Savix? As an investor, why would we choose to trust in your platform despite of many Defi platform existing in the market?As Savix is still on presale, what assurance you can promise to your investors that money invested in your pre-sale is worth it and in good hands and good choice?
Savix is a standard ERC20 token with a staking mechanic embedded into the ERC20 protocol & a perfect DeFi collateral. So has the Savix smart contract been audited? Also I’m curious, what do you mean by SAVIX being a currency token/coin?
I have heard that you guys decided to remain anonymous in the public for some reasons. If possible, may we know the reasons behind it? Also is there still a plan on “public-facing” in the future?
Circulating supply plays a huge role in markets and is often overlooked by investors. So what is the circulating supply of SAVIX? Also what’s your goal regarding supply situation? And may we know when SAVIX Presale & Staking will start?
Your site says David works like any other ERC-20 token, but what caught my eye is the claim of gas free rewards, what’s exactly do you mean by gas free rewards? Does it in any way imply that transfer are gas free? Can you clear up that phrase gas free rewards?
Your site says Savix works like any other ERC-20 token, but what caught my eye is the claim of gas free rewards, what’s exactly do you mean by gas free rewards? Does it in any way imply that transfer are gas free? Can you clear up that phrase gas free rewards?
An entire section of your site talks about trust, but your audit is internal, your team is anonymous. How do you hope to build trust with your community and potential investors with this approach your project has taken?
This statement confuses me and I know it will tells a lot of meaning, so can you elaborate more about this statement ” Savix is a perfect Defi Collateral”?Thank you!
You claim with Savix token its possible to get profit from staking reward while keep your token unlocked and liquid, can you explain how does it work? Because usually other project after stake, token will locked and cant be use or send
Im just curious with your APY reward. Savix Project will give 85% APY for first year, how is the calculation for the another next year? And also 85% APY is very high, how did you keep sustainable ?
So what is the use of $SVX token in your platform? Are there any benefit if we hold $SVX token for long time?
‘Savix features gas-free staking embedded into the ERC-20 protocol. Very easy to use, holders receive staking rewards directly to their wallet without the need of any interaction. ‘ It sounds very attractive, but, as far as I know, there is no way to move tokens on the ETH network for free today. So, at whose expense is this banquet? Please explain how this function works in details, because very often it turns out that free cheese is just in a mousetrap.
I read Savix vision is to let your user get profit as much as possible from new investment opportunity that created by DEFI but how did Savix team get profit to maintain the project? How did you ‘pay’ profit that your user get from your platform?
Receiving rewards in ETH without commissions straight to the wallet, of course, attracts interest. I do not understand how this is possible. But I am even more interested in something else. Do you plan to further develop your technologies by integrating into other products. Is it possible to create your own multicurrency wallet with built-in DEX? Or will you stop at staking and the technology will go into the shadows while there are funds received from the presale?
Your token supply is only 100.000, i know few total supply mean a good store of value and have good price but it has a biggest weakness. If the supply too small it will not work well as a medium of exchange and may have trouble getting people to process and maintain it. So how did you handle your weakness? And can you share the reason why 100.000?
The first post on your Discord channel is dated November 24, 2020. The same date and Telegram! But you already have 2525 Telegram users, and Discord is not developing at all.
Why did you decide to focus specifically on the Telegram community?
After all, Discord is quite popular and that application already has more than 100 million downloads in Google Play. What other social networks do you support to attract new users to your community?
You talk about how your staking is different from the traditional one. Have you developed the built-in staking system yourself? And can I, as a beginner, figure it out on my own, or can I find some built-in staking tutorial on your platform?
Savix Github seems a bit empty, could you please tell us when it will be full of life? How many developers do you have in your team and what they are currently working on?
You decided to do pre-sale on Savix platform. How safe it is? I am usually very careful when connecting my Metamask to different sites. If i am afraid to connect it can i choose another way to purchase $SVX tokens?
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