WHAT IS BITSAVE?
Bitsave is a savings protocol that helps users save in Cryptocurrency without losing their savings to Market volatility.Bitsave is the solution to every savings plan you would ever think of Bitsave is the solution to every savings plan you would ever think of.
BITSAVE SOLUTION (simplified)
Bitsave helps everyday people in African Countries escape inflation in their fiat currencies by saving in dollars.The dollar is not easily accessible to the average African through traditional banks, you have to go through many KYCed processes and getBitsave helps users create an automatic recurring savings plan with Stables
WHY BITSAVE?
It’s easy – Everyone is familiar with the concept of putting money aside for a raining day. And our UX makes it understandable for users to take the savings journey onchain.
🧮It helps Personal Finance and Accountability for Web3 Natives who earn consistent income. Users can track their savings and manage withdrawals and expenses using Bitsave.
Bitsave’s introduction of SaveFi Decentralized Protection: Users retain ownership of their funds, reducing the risk of centralized failures or large-scale hacks.No Third-Party Custody: Bitsave never holds user funds, aligning with non-custodial DeFi principles.Enhanced Security Model: Even in a worst-case scenario, a hacker would need the user’s direct on-chain approval to steal funds, making mass exploitation nearly impossible.
SAFETY FIRST –> Bitsave Parent-Child Contract StructureThe Child-Parent Contract Function in Bitsave is a contract structure feature that ensures users’ funds remain safe;Savings Plan Creation: When a user sets up a savings plan on Bitsave, they are NOT depositing funds into a shared liquidity pool.Instead, a child smart contract is automatically generated based on their selected savings parameters of time, amount, name etc
Bitsave Users are users who just want a tool that helps them keep money for the rainy days.
Bitsave users use Bitsave to save and not invest, they want to achieve their savings goalsThe Future of Savings in Web3 is Savefi GOAL – 1 Million usersBring a million savers onchain with Bitsave in 2 years.
Let’s do this for Bitsave in order for our Grant’s power grow in the web3
Donate here and you can save for the rainy @ Bitsave
Share as you begin your savings today.
