🔹 Spotlights of #SAGA Testnet

- 1.1M tx/second; 716 blocks/second, up to 15M blocks in 6 hours
- Owning Capacity of 1000 Chains, 2000 Validator Node and Running with Capacity of 4000 Validator Node
🔹 Total Raised: $13.5M
🔹 Investors: Ignite, SamSungNext, Polygon, LongHash, Meric Circle, Placeholder, GSR Maven 11.
🔹 Key Features
High PerformanceCostless Transactions, Low & Predictable Chain FeesFully AutomatedEasy & Fast InteroperabilityFully Flexible StackElastically Scalable#SAGALAUNCHPOOL

1/ Saga Protocol Overview
Saga is a Layer 1 protocol that allows developers to automatically spin up VM-agnostic, parallelized and interoperable dedicated chains, or “Chainlets”, that provide applications with infinite horizontal scalability.
Saga allows developers to launch Chainlets at the click of a button through shared security, cutting-edge validator orchestration and an automated CI/CD deployment pipeline standardized across any kind of blockchain VM.

2/ $SAGA Tokenomics - Price Prediction
🔹 Total Supply: 1,000,000,000
🔹 Initial Supply: 90,000,000
In less than two years, Saga has built over 350 projects on the protocol, with 80% in gaming, 10% in NFT and entertainment, and 10% in DeFi. All projects built on Saga are part of the Saga Innovator Program.
The average entry of investors is around 0.675$, Currently, Binance Launchpool ROI is around 10x–15x, so SAGA TGE may be around $6-10$ which is around the market cap of $360M - $600M

$SAGA is the Saga Protocol’s native utility token and is used in the following functions:
🔹 Payment for Chainlets: Developers pay $SAGA tokens to the network validators to instantiate and keep their Chainlets alive.
🔹 Staking: Stakers help secure the network and receive $SAGA tokens and the tokens of projects building on the Saga protocol as a reward.
🔹 Governance: $SAGA token holders can vote on network governance decisions.
3/ Saga (SAGA) Binance Launchpool
Users will be able to stake the $BNB and $FDUSD into separate pools to farm SAGA tokens over four days, with farming starting from 2024-04-05 00:00 (UTC).
Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)

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4/ SAGA Roadmap
🔹 Mainnet Launch in 2024: Completed
🔹 Commercial and Business Development Progress
As of April 1, 2024, the Saga Innovator Program is comprised of 350 projects, A full roster of Innovators may be found here
https://www.saga.xyz/innovators

4.2/ Saga Partnership
Saga also has partnerships with the following Layer 1 protocols to scale their infrastructure using Chainlets:

🔹 Polygon. Saga will automate Polygon CDK chains
🔹 Avalanche. Saga will automate Avalanche Subnets
🔹 Celestia. Saga will automate decentralized rollups with Celestia DA
🔹 MarbleX. Saga will provide scaling infrastructure to the MarbleX chain
🔹 Com2uS. Saga will provide scaling infrastructure to the Com2uS chain

5/ More of Saga Protocol
For more information, please visit:
https://www.binance.com/vi/support/announcement/introducing-saga-saga-on-binance-launchpool-farm-saga-by-staking-bnb-and-fdusd-22674210af2b4d35b7ddc62c243d66fa

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