Savix (SVX) is a distinctive cryptocurrency token that operates on the Ethereum platform. It is designed with an embedded inflation mechanism that is predictable and integrated into the ERC-20 protocol. Savix strives to distribute newly generated tokens evenly to all wallets, potentially without any gas fees. This means that users simply need to hold the coin to potentially receive their share every two hours. The inflation rate of Savix starts at 85% and gradually decreases to 8% after five years. This token strives to provide a straightforward and efficient way for users to participate in the world of decentralized finance (DeFi).

Savix operates on a unique mechanism that strives to distribute rewards directly to holders' Ethereum wallets, without the need for any user interactions. This process is automated and passive, aiming to make it easy for users to participate. Savix also implements a unique staking method where the total supply is adjusted along with all balances, ensuring that a holder's percentage of the total supply remains constant. This approach aims to make Savix compatible with any DeFi project and usable like all standard ERC20 tokens, with the potential to yield additional tokens to holders.

Savix aims to provide a range of potential use cases in the DeFi space. It is designed to be compatible with any DeFi project, making it a flexible option for users. Savix tokens can be used for pooling, lending, and yield farming, among other activities. Additionally, Savix aims to offer holders three distinctive extra income streams through its upcoming Liquidity Incentivization Program "Trinary". The tokens aim to stay liquid while potentially earning rewards and can be moved or used in other DeFi projects, aiming to provide users with a high level of flexibility and control.

The concept of Savix was born in spring 2020, during the first lockdown in Europe due to the Corona pandemic. Founders Anatol Galkina and Michael Copper began discussing the future of Ethereum and the importance of staking within the Ethereum ecosystem. They aimed to develop a new kind of staking mechanics integrated into the ERC20 smart contract, which they termed "Protocol Based Staking". This became the starting point for Savix. The development of the mathematics and the first version of Savix's smart contract took another 4-6 months. The name Savix is derived from the term "Savings Book", reflecting the token's aim of offering predefined and transparent rates to its holders.

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