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).
STORY HIGHLIGHTS
Binance announces Saga (SAGA) as its 51st Launchpool project, allowing users to stake BNB and FDUSD to farm SAGA tokens.
The Saga webpage is set to go live five hours before the Launchpool starts, with the listing of SAGA scheduled on April 9, 2024, featuring various trading pairs.
Participants must adhere to staking terms, including KYC requirements, hourly hard caps per user, and eligibility based on residency, with excluded countries outlined.
Saga (SAGA) Launchpool Details and Staking Terms
Delving deeper into the specifics, Saga (SAGA) introduces a comprehensive set of details regarding its launch within the Binance Launchpool. Beyond merely being a token, Saga represents a digital asset with a predetermined set of characteristics, including its name, maximum token supply, and the intricacies of its underlying smart contract. In order to participate in the Launchpool and stake assets to earn SAGA tokens, users must adhere to specific staking terms.
These terms encompass the requirement for Know Your Customer (KYC) procedures, ensuring compliance with regulatory standards and enhancing the security of the ecosystem. Additionally, an hourly hard cap is established per user, offering a fair and equitable framework for all participants. Supported pools for staking include BNB and FDUSD, each offering respective rewards to users based on their contributions. The farming period, spanning four days, is carefully designed to optimize token distribution and ensure a smooth and rewarding experience for participants.
