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1  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] [POW] Salvium : Evolved CryptoNote with staking, yield and MiCA compliance on: July 31, 2024, 11:29:50 PM
Above three replies all saying same thing .
Obviously not a coordinated raid or anything. Some other shitcoin crowd scared I think haha .

I've been looking into this project and yes there is a premine. Nothing wrong with that as long as it's disclosed.
Looks like 6.5m went out at the start to "early contributors"
The rest (another 15.6m) will be given out over 24 month basis, so 650k a month. This is claimed to be used for grants.

The good thing is that you can stake and it seems team is not using their premine to stake/steal rewards which other projects have done before.

It is XMR fork (why wouldn't you fork the GOAT of privacy?), but they already have some features live like return_payment which lets you refund tx to whoever sent it to you. Quite nice
as anything early coin is high risk/reward, team seems to be former haven contributors and are doxxed. that's nice.

I think its worth to follow, layer2 on randomx? interesting. Above all DYOR and be cautious.
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