Saga emerges as a modular Layer 1 blockchain designed to streamline Web3 development processes. It offers a comprehensive toolkit and SagaOS platform, empowering developers to materialize their visionary projects with ease.
At its core, Saga aims to simplify the creation of dedicated, parallelized, and interoperable chains that scale dynamically to meet the demands of Web3 applications. Its reportedly blends of flexibility, efficiency, and scalability position it as a formidable contender in the blockchain space.
Saga's Architecture and Technical Features:
Saga is a Layer 1 blockchain protocol, engineered to enhance Web3 development efficiency. The protocol introduces Chainlets, autonomous blockchains tailored for specific applications, running concurrently to promote scalability and interoperability without compromising on performance or security.
Saga is founded by Rebecca Liao, Jin Kwon, Jacob McDorman, and Bogdan Alexandrescu.
Many notable investors and partners have invested in Saga, including Maven11, LongHash Ventures, Hypershere, Figment, Polygon, Samsung Next, Chorus One, GSR, C2X, Crit Ventures, Merit Circle, and Hustle Fund.
Participating in Saga's Launchpool
Binance users can engage with Saga by staking BNB (Binance Coin) and FDUSD (Binance USD) to farm SAGA tokens through the Launchpool platform. Staking activities will run for four days from April 5, allowing users to earn SAGA tokens as rewards.
Here are the details you need to know:
Token Supply: 1,000,000,000 SAGA
Launchpool Token Awards: 45,000,000 SAGA
Initial Circulation Supply: 90,000,000 SAGA
Binance will list SAGA on April 9.
