Savix “Trinary” will be our first Dapp to demonstrate the power of our ERC20 embedded staking protocol. Users receive three distinctive income streams utilizing a single, easy to use DeFi Dapp.
1. Staking rewards
SVX holders earn Savix staking rewards from the embedded staking protocol while tokens get used as liquidity.
2. Uniswap Rewards
There is a 0.3% fee for swapping tokens on Uniswap. This fee is split by liquidity providers proportional to their contribution to liquidity reserves. It is functioning as a payout to all liquidity providers proportional to their share of the pool.
3. Trinary rewards
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. These tokens are a representation of a liquidity provider’s contribution to a pool. With Savix “Trinary” it is possible to deposit savix liquidity tokens for up to 6 month to receive yet another reward layer: ETH from our ecosystem pool. We expect a return of 7% to 15% of initial investment directly paid in ETH over the first 6 month.
Users receive ETH and Savix from their Uniswap fee share, Savix from the ERC20 embedded staking protocol and ETH from the Savix “Trinary” Pool. This particular triple income stream is only possible through our unique staking protocol.