The DeFi answer to traditional savings accounts - Redefining passive income.
Introduction Applications in the area of decentralized finance are one of the most important fields of use for digital currencies today. With the help of convenient platforms such as Uniswap users can easily use innovative financial products based on Distributed Ledger Technologies (DLT). The digital currencies that are used for this purpose must be transferred to the respective ledger in which the desired financial instrument is mapped. Tokens used this way are temporarily “locked” and therefore cannot simultaneously participate in a staking protocol. The user has to make a decision, so to speak, whether he invests his money conservatively and safely by staking or more risk-consciously with greater possible profit using a DeFi product. With Savix a virtual currency is now available for the first time, which makes it possible to profit from staking rewards while keeping the token unlocked and liquid, freely available for use in any other DeFi product at the same time. About the SAVIX