The SAGA token will be listed on Binance soon, and they are offering a rewards campaign with half of the initial supply.
#SAGALAUNCHPOOL #BinanceLaunchpool #BullorBear
The Saga mainnet is coming soon, and the SAGA token will be listed on a specific date. This is possible because of a big crypto exchange called Binance. They started a program called Binance Launchpool to give customers SAGA tokens as a reward for staking other coins. Half of the SAGA tokens will be given away in this promotion.
Binance will add the SAGA token on April 9. Before that, Binance customers can put their BNB or FDUSD stablecoin into rewards pools on the Launchpool website to earn tokens when they start.
SAGA will start with 90 million tokens available, and half of those will go to Launchpool stakers. Since the launch on Wednesday, customers have put almost $3. 8 billion in two coins. 109,000 customers put money into BNB and about 82,000 customers put money into FDUSD.
The Saga Network is a type of blockchain that can be used to start other blockchains because of its special "chainlets" design. This means that projects can use many chainlets together to run one application. They can also use Saga to help their decentralized apps, even if they were built on different blockchains.
Saga has mostly been used for gaming, with around 80% of testnet projects being games. But it can be used for other things too.
However, Saga is strongly embracing that feeling. Saga hosted many tournaments and competitions where players could win tokens from December to February. Winners got some tokens as a reward. Saga also worked with games on platforms such as Solana and Avalanche to organize similar events.
The Saga airdrop event happened in March and has just finished. Over 200,000 wallets could get tokens. This included people who won prizes, people who invest in DeFi on chains like Cosmos and Polygon, and people who own well-known NFTs like CryptoPunks and the Bored Ape Yacht Club.
The new token will be available on April 9, and Binance says it will be the first place to sell it. Saga just said they will start their mainnet in April, and they will also start a new game publishing division called Saga Origins.
Binance Launchpool has started two big gaming token campaigns in 2024. They are the two biggest gaming token launches so far this year, based on the highest market value of each coin. Pixels (PIXEL) and Portal (PORTAL) both started on the platform. Portal attracted $8. 6 billion worth of staked crypto through Launchpool, setting a new record.
People from certain countries like the United States, Canada, Japan, and Australia cannot earn rewards on Binance Launchpool. The Launchpool announcement for Saga gives a list of all the countries where it is available.
