Introducing Saga (SAGA) on Binance Launchpool! Farm SAGA by Staking BNB and FDUSD
IMPORTANT: Binance will be the first platform to list the token mentioned herein, with trade starting at 2024-04-09 08:00 (UTC). Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds! Fellow Binancians, Binance is excited to announce the 51st project on Binance Launchpool - Saga (SAGA), an L1 to launch L1s. The webpage is estimated to be available in 5 hours, before the Launchpool starts. Users will be able to stake their BNB and FDUSD into separate pools to farm SAGA tokens over four days, with farming starting from 2024-04-05 00:00 (UTC). Listing Binance will then list SAGA at 2024-04-09 08:00 (UTC) and open trading with SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD and SAGA/TRY trading pairs. The Seed Tag will be applied to SAGA. SAGA Launchpool Details: Token Name: Saga (SAGA)Max Token Supply: 1,000,000,000 SAGA Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)Initial Circulating Supply: 90,000,000 SAGA (9% of max token supply)Smart Contract Details: Saga Security ChainStaking Terms: KYC required Hourly Hard Cap per User: 37,500 SAGA in BNB pool9,375 SAGA in FDUSD pool Supported Pools: Stake BNB (webpage will be available in around 5 hours): 36,000,000 SAGA in rewards (80%) Stake FDUSD (webpage will be available in around 5 hours): 9,000,000 SAGA in rewards (20%)Farming Period: 2024-04-05 00:00 (UTC) to 2024-04-08 23:59 (UTC). SAGA Farming Distribution* Dates (00:00:00 - 23:59:59 UTC each day)Total Daily Rewards (SAGA)BNB Pool Daily Rewards (SAGA)FDUSD Pool Daily Rewards (SAGA)2024-04-05 - 2024-04-0811,250,0009,000,0002,250,000 *During the farming period, amounts accumulated represent users’ entitlement to an equal number of SAGA tokens at Token Generation Event, which is scheduled to take place on 2024-04-09. Read about Saga (SAGA) in our research report here, which will be available within 1 hour of publishing this announcement. Project Links WebsiteWhitepaperMediumXDiscordTelegram Please note: Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate users’ entitlement. Users’ entitlement will be updated each hour. Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.Tokens staked in each pool and any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.Binance BNB Vault and Locked Products will support the Launchpool. Users who have staked their BNB in BNB Vault and Locked Products will automatically participate in the Launchpool, and receive new token rewards.If there are more than one Launchpool projects running concurrently, users' BNB assets in BNB Vault and Locked Products will be split and allocated into each project equally unless otherwise specified.BNB Vault assets collateralizing against Binance Loans (Flexible Rate) are not entitled to Launchpool rewards.BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility and VIP benefits. Participation in Launchpool is subject to eligibility based on the user's country or region of residence. Please refer to the instructions on the Launchpool page. Please note that the list of excluded countries provided below is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. Users need to complete their account verification and also be from an eligible jurisdiction to participate in farming SAGA. Currently, users residing in the following countries or regions will not be able to participate in farming SAGA: Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine This list may be updated periodically to accommodate changes in legal, regulatory, or other factors. Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. Thank you for your support! Binance Team 2024-04-04 Note: This announcement was updated on 2024-04-08 to update the trading start time for Saga (SAGA) from 2024-04-09 14:00 (UTC) to 2024-04-09 08:00 (UTC), and on 2024-04-04 to add clarifications.
As the cryptocurrency market continues to evolve, seasoned investors and newcomers alike are closely monitoring one of the most anticipated events in the Bitcoin ecosystem: the halving. Scheduled to occur approximately every four years, the halving event holds profound implications for Bitcoin's supply dynamics and, consequently, its price trajectory. With the next halving approaching, there arises a compelling case for investors to consider increasing their Bitcoin holdings. Here's why: 1. Supply Scarcity: At the core of Bitcoin's design is its deflationary nature. The halving event, programmed into the Bitcoin protocol, reduces the rate at which new Bitcoins are created by half. This scarcity mechanism ensures that over time, the rate of Bitcoin issuance decreases until it eventually reaches its maximum supply of 21 million coins. As the supply diminishes, Bitcoin's value proposition as a store of value strengthens, potentially leading to price appreciation. 2. Historical Performance: Examining past halving events provides valuable insights into Bitcoin's price behavior. Historically, Bitcoin has experienced significant price rallies in the months leading up to and following a halving. The reduction in supply, coupled with sustained demand, often triggers a supply-demand imbalance, propelling prices upwards. While past performance is not indicative of future results, it offers a compelling narrative for investors seeking to capitalize on potential price movements. 3. Institutional Adoption: In recent years, institutional adoption of Bitcoin has surged, with prominent companies and investors allocating substantial resources to the cryptocurrency. Institutional interest brings increased liquidity, credibility, and stability to the Bitcoin market. As institutions recognize Bitcoin's scarcity and its potential as a hedge against inflation, the demand for Bitcoin is expected to grow, further driving its price upwards. In conclusion, the upcoming halving presents a unique opportunity for investors to acquire Bitcoin before the supply shock takes effect. #Write2Earn
$BTC Will moon ahead of the halving in mid April this year🔥 A lot of investors are coming on board to hoard more ahead of the fork 🚀🚀🚀 #BTCTo1Million#BTC80K#BTCVeterans
Here’s How To Be a Millionaire When BONK Hits $0.01
In the dynamic realm of cryptocurrencies, one token has captured the imagination of ambitious investors – BONK. While the prospect of BONK achieving a $0.01 price remains uncertain, enthusiasts and supporters are actively preparing for the possibility, expressing a belief that this meme coin has the potential to outshine its more established counterparts, such as Shiba Inu (SHIB) and PEPE.BONK Investment Blueprint for the $1M GoalEnthusiasm about a potential surge in BONK’s value from its current $0.00001807 has ignited discussions around the investment required to reach a $1 million target. Achieving this ambitious milestone necessitates an extraordinary growth of at least 55,240%, a figure that, although substantial, is not unprecedented in the volatile world of crypto assets.To reach a $1 million valuation at a $0.01 price target, a total of 100,000,000 tokens would be essential. With the asset’s maximum supply standing at 100,000,000,000,000, accommodating a million investors holding 100 million BONK each is theoretically plausible.Present Investment LandscapeIn the current scenario, acquiring 100 million BONK at the current price would entail a cost of $1,807. Despite uncertainties surrounding the likelihood of reaching the elusive $1 target, investors diving in now and witnessing a surge to $0.01 could potentially make one of the most audacious gambles of the century.BONK’s Optimistic TrajectoryBONK entered the scene within the established Solana ecosystem, facing challenges during Solana’s turbulent period following the FTX implosion and extended crypto winter. However, this meme coin has defied expectations, mirroring the growth trajectory of SOL itself.The considerable excitement surrounding the meme coin within the Solana community has triggered a proactive clearing of Solana Mobile Phone inventory, fueled by anticipation for BONK and other SOL-based token airdrops.Looking AheadAs utility gains increasing focus, BONK may just be scratching the surface of its potential. With an impressive surge of over 8,000% in the past three months, BONK positions itself as a token with promising prospects in the ever-evolving crypto landscape.As BONK enthusiasts place their bets on the dream of a $0.01 valuation, the investment needed for a $1 million target sparks discussions in the crypto community. While the gamble is substantial, the potential payoff could be astronomical.Whether the asset emerges as the dark horse of the crypto world or follows a different trajectory, its journey is closely monitored, and investors eagerly await the outcome of this high-stakes venture.#BONK #dyor
UK Finance Minister Agrees to Discuss Crypto Banking Troubles with Lawmakers
According to CoinDesk, UK Finance Minister Jeremy Hunt has agreed to have his ministry discuss the banking troubles faced by crypto companies in the country with lawmakers focused on the issue. This comes as the UK introduced and passed legislation recognizing crypto and stablecoins as regulated financial activities, in line with Prime Minister Rishi Sunak's plans to turn the country into a hub for crypto. Despite the new regulatory status, firms have found it difficult to interact with local banks.
Lisa Cameron, head of an All-Party Parliamentary Group (APPG) for crypto and digital assets, asked Hunt if he would be willing to discuss why regulated companies are struggling to open bank accounts. Hunt responded, stating that the UK, particularly London, has become the global crypto hub, but regulation is needed for the market to take off responsibly. He agreed to have the new Economic Secretary of the Treasury, Bim Afolami, meet with the APPG to discuss progress.