Initial Presale Closed: What Comes Next ?

1. RESULTS OF THE INITIAL PUBLIC PRESALE

The initial public presale of SVX tokens started on January 25th 2021 and ended on February 8th 2021.

Initial Presale Investors

2. THE ROAD AHEAD — NEXT PRESALE PHASES AND OFFICIAL TOKEN LISTINGS

The main objective of the next development phase of Savix is to broaden its user base to ensure sufficient liquidity for the start of public trading markets on Uniswap and exchanges. We assume this to be among the main interests of all investors as well, since this is the only way to ensure price stability and reduce the impact of unforeseen dumps of users trying to profit from the arbitrage between presale prices and public trading starting prices.

- Road To Official Launch -

2.1. Initial Exchange Offering

Savix is partnering up with Exmarkets. This exchange has been among the most promising exchanges for initial exchange offerings in the last years as rated by icoholder.com, dailyfintech.com or finyear.com.

Savix partners with ExMarkets

2.2. Decentralized Launchpad

Just recently a new player has emerged within the IEO / Launchpad market who is aiming to shake up the token launchpad scene in a similar way Uniswap has done it with trading. Unicrypt is offering a very secure and comfortable service for setting up token presales, its unique feature being a seamless integration with Uniswap.

Unicrypt Logo

3. TOKEN BURNS, EXTERNAL AUDITING AND GAS OPTIMIZATION

3.1. Token Burns

If unsold tokens will be burnt has been among the frequently asked questions by investors during the initial presale. Of course this is an important issue since the amount of “free” tokens has huge implications on the risk of market dumps after the official trading starts.

3.2. Auditing

Since the new circumstances concerning the avoidance of misuse by premature creation of Uniswap liquidity pools enforce a redeployment of the Savix contract, we will use this opportunity to carry out an external audit by a trustworthy auditing company.

Smart Contract Auditor

3.3. Gas Optimization

While preparing for the external audit, Savix developers will be working on further optimizations of gas costs for token transfers as well. It has been the first priority during the development of the Savix contract to ensure security and correctness of the staking algorithm. Since protocol embedded staking is gas-free by design, transfer costs have not been in the focus of development so far.

The Savix project aims at making decentralized finance products available to non-tech-savvy users. The Savix token enables gas-free automatic staking rewards.