Introducing $SAGA, Binance's newest Launchpad!
Saga is a Layer 1 protocol whose core goal is to provide specialized chains - "Chainlets" with unlimited scalability, parallelism, and interoperability, thus providing strong infrastructure support for applications. The native utility token of the Saga protocol is $SAGA, which is mainly used to pay Chainlets fees, staking, governance, and other ecosystem functions.
Features of the Saga Protocol
Unlimited horizontal scalability: Saga allows developers to automatically launch specialized chains for different virtual machines, achieving unlimited horizontal scalability. Each Chainlet can be elastically scaled according to the needs of the application to meet its performance and speed requirements.
Low-cost transactions and predictable chain fees: Developers can choose from a variety of monetization models, including custom tokens, fiat currencies, and stablecoins. The fees of all Chainlets are determined by daily reverse auctions between validators, ensuring low and predictable chain fees.
Automated deployment: Developers can easily create and deploy Chainlets through the Saga WebApp with simple operations.
Interoperability and fast bridging: Saga supports fast asset transfer and interoperability. Users can freely transfer assets between Chainlets while enjoying fast transaction confirmation speed and convenient bridging services.
Flexible stack: Developers can enjoy their own dedicated chain, get the best flexibility and customization, and better meet the needs of applications.
Saga ecosystem and development
As of April 4, 2024, Saga has successfully raised $15 million in funds and attracted support from many well-known investment institutions and projects. Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment and Chorus One.
How to participate:
1. Enter the Binance Launchpad official website
This mining cycle is 4 days, and the BNB mining pool is also allocated 80% and FDUSD is allocated 20%.
2. Choose to participate with BNB or FDUSD. To obtain FDUSD, you can choose the flash exchange function in the exchange, or search for spot: FUDSD/USDT trading pair. As the name suggests, use USDT to buy FDUSD. FDUSD is also a stable currency and there is no risk of sudden rise or fall.When you need to exchange back to USDT, select the FDUSD/USDT trading pair and click sell!
