SAVE Logo

SAVE on Stellar Whitepaper

Abstract

Project SAVE is a sustainable digital asset initiative on the Stellar blockchain designed for low-risk investors seeking long-term, stable growth. Through a unique tokenomics model, SAVE guarantees buybacks at a price floor currently set at 0.0038 XLM, ensuring a secure minimum value. The project commits to 100% reinvestment of revenue into the token ecosystem, enhancing liquidity and stability. Community-driven governance plays a central role, with plans for a transition to a Decentralized Autonomous Organization (DAO), fostering transparency and investor trust through strategic liquidity provision.

Introduction and Mission

SAVE was created in response to the numerous "rug pulls" and failed projects in the cryptocurrency space that left investors with worthless tokens. With an emphasis on sustainability, SAVE’s tokenomics model offers a guaranteed buyback mechanism that provides token holders with an ever-increasing value floor. This security is combined with reinvestment and decentralized governance. SAVE aims to restore investor confidence and set a new standard for long-term token value stability, specifically targeting those seeking low-risk, gradual growth. Community involvement is central, and SAVE plans to transition to a DAO model for broader governance participation.

Tokenomics

Token Distribution

SAVE Total Supply is 25 million. 100,000 SAVE tokens are released to the market in weekly releases on Friday at a random time via a swap on the AMM. This mechanism ensures controlled distribution and stability. The current unreleased balance of SAVE ensures at least two years of distributions to help discourages sudden market changes.

Voting Mechanism

Voting requires sending 1 SAVE to a designated Stellar wallet, with active holder wallets eligible to participate. Voting eligibility considers wallet activity duration, transaction history, the amount of SAVE held, and general wallet activity. All SAVE used for voting will return to the distribution wallet. Public discussions on Telegram provide transparency for the community. Examples of vote topics include whitepaper amendments, partnerships, and yield farming proposals.

Vote Stellar Wallet Address
YES GBJLO4H5TTE4JXMWFMVOB6TPQFUCAGQEF6WRVKFQUHFLSNOS6CQZRFPR
NO GDUV52PF4JS3E6ZOHPO5TAWUG54E6UCA5AEDHFP4EAVBFLPEERE4ZU2G

Buyback Mechanism

SAVE operates with a 100% buyback guarantee, ensuring that token holders can sell their tokens at any time for a minimum price that will never decrease. This value floor is currently set at 0.0038 XLM, regarded as the “new zero.” The buyback mechanism is managed through an operations wallet, which regularly assesses the XLM reserve to evaluate potential buyback increases. The buyback price recalculates weekly based on circulating SAVE and XLM reserves, ensuring liquidity for the full circulating supply of SAVE. The current buyback rate on the DEX is 0.0038 XLM.

The potential buyback is calculated as follows:

[(Total SAVE in circulation - SAVE in project LP SAVE/XLM - SAVE in project LP SAVE/yXLM) / Total XLM]
- (25 XLM Reserve)

When the potential buyback rate is greater than the current buyback rate by 0.001 XLM, it is raised by 0.001 XLM. This calculation is tested weekly.

SAVE Wallets

SAVE Issuer

The wallet responsible for issuing SAVE tokens.
GBWKWJTPYLDEIUZ3EZ34HGXWRQ4R6DUCNLG5SIT72RL243IJZLLG5UOJ

SAVE Distributor

The wallet responsible for distributing tokens via the Stellar DEX.
GB7DIWB6UMX5BUVARY6HVFM2Q376GBNPRPKXJHRCQCAMNYLCV4VQ3BAS

SAVE Liquidity Pools (SAVE LPs)

The wallet managing liquidity pools for the project.
GDSKRUDXX2A3ZHEOP3S7DRKFYF6VZLZQ4OERRVBSB4ISNDYX3TFNIPNK

SAVE Farm

The wallet responsible for yield farming and reinvestment of earnings.
GAIT7ZUVWLPFRC3POOB76HMXIPIRAOG6NOMTPQG6RM5EUGYI6Q2XXQTK

Liquidity Pools

SAVE manages liquidity through pools to provide trading liquidity and stability. The following pools are managed by the SAVE LPs wallet:

SAVE/USDC Pool: Link
SAVE/XLM Pool: Link
SAVE/yXLM Pool: Link

Yield Farming

The SAVE Farm wallet handles yield farming, including liquidity rewards, staking, holding rewards, and market-making. Earnings are reinvested into the ecosystem, maintaining liquidity and sustainability. Current farming projects include:

ACT: Link
AQUA: Link
TREAD: Link
DicInu: Link
XTAR: Link
yXLM: Link

Liquidity Incentives

Through a partnership with Authentic Payment, SAVE provides liquidity incentives, rewarding participants in the SAVE/ACT LP with both SAVE and ACT tokens, issued hourly to liquidity providers.

Partners

Authentic Payment: Authentic Payment supports liquidity incentives for the SAVE/ACT LP, rewarding users with SAVE and ACT tokens. Future partnerships will be proposed and voted on by SAVE token holders.

DEX and AMM Listings

Project SAVE is listed across several decentralized exchanges (DEX) and automated market maker (AMM) platforms. Below are the platforms where SAVE is currently available:

Lumenswap: DEX | AMM
Lobstr: DEX | AMM
StellarX: DEX | AMM
Scopuly: DEX | AMM
StellarTerm: DEX
SDEX Explorer: DEX

Risk Factors

SAVE, dependent on the Stellar network, carries blockchain-based risks. If necessary, tokens can be returned at the current buyback price. SAVE commits to risk transparency and decentralized decision-making within the community.

Financial Sustainability

Revenue, derived from DEX trades, yield farming, staking, and market-making, is reinvested. Monthly reinvestments ensure liquidity and buybacks, using additional earnings from yield farming to support sustainability.

Roadmap

Phase 1: Building Foundations

Phase 1 focuses on establishing tokenomics and buybacks for investor confidence.

Phase 2: Community Growth and Governance

Phase 2 will expand community engagement on social platforms and transition governance to a DAO model, allowing SAVE holders to vote on major project developments.

Conclusion

Project SAVE delivers a sustainable, community-driven digital asset ecosystem that mitigates price drops and ensures continuous value for low-risk investors. The guaranteed buyback, reinvestment strategy, and plans for DAO governance position SAVE as a reliable model for token sustainability.

Revision History

2024-11-13 v1.0 - Initial release.