Saga (SAGA)

An L1 to launch L1s.

Apr 4th, 2024



SAGA

0%

0USDT

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 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 will be able to vote on network governance decisions.