Savix

Savix

SVX
$0.246208526

Key Metrics

Price$0.246208526
Real Volume (24H)$0
Marketcap$20,987.37
Fully Diluted ValuationN/A
ATH$38.92
ATH Date3/31/2021, 7:18:45 AM
ATL$0.299536
ATL Date5/3/2022, 5:39:43 AM
Circulating Supply75K
Total Supply82K
WebsiteN/A
WhitepaperN/A
Popularity Rank3215
Chart
What is Savix?

Savix is a unique cryptocurrency token with a special inflation mechanism designed into its ERC-20 protocol. This innovative feature allows for a predictable and steady increase in the total supply of Savix tokens, which are then distributed equally to all wallet holders without any gas or fees charged. This means that every user can benefit from holding Savix tokens by simply staking them in their wallets and receiving their share of the newly generated tokens every two hours.

One of the key advantages of Savix is its predictable inflation rate, which is designed to decrease over time. At the initial launch, the yearly inflation rate of Savix tokens starts at 85%. However, this rate gradually reduces over five years until it reaches a more sustainable level of 8%. This ensures that the total supply of Savix tokens increases at a steady pace, while maintaining a healthy balance between supply and demand.

Savix tokens are built on the Ethereum blockchain, which provides a secure and reliable platform for storing and transferring digital assets. The ERC-20 protocol used by Savix ensures compatibility with a wide range of wallets and exchanges, making it easy for users to manage their holdings and trade them with other cryptocurrencies.

By staking Savix tokens, users can earn rewards in the form of newly generated tokens, which are distributed automatically to their wallets. This creates a self-sustaining ecosystem where users can earn passive income by simply holding their tokens, without having to actively participate in complex mining or trading activities.

In addition to its innovative inflation mechanism, Savix also offers a range of other features designed to enhance its utility and value for users. These include low transaction fees, fast confirmation times, and a user-friendly interface that makes it easy for anyone to use and understand.

Overall, Savix is a promising cryptocurrency token that offers a unique and innovative approach to inflation and staking. With its predictable inflation rate, easy-to-use platform, and strong community support, Savix has the potential to become a leading player in the rapidly evolving world of cryptocurrency.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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