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.
The Saga Protocol is a fully decentralized proof-of-stake chain. Each Chainlet has the same validator set and security model as the Saga Mainnet.
Saga has raised $15 million to date. Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment and Chorus One.
Binance Launchpool End Date
April 10th 2024
All projects that build on Saga are part of the Saga Innovator Program, which as of April 1, 2024 included 350 projects. 80% of these projects are gaming. About 10% of projects are NFTs and entertainment, and 10% are DeFi. A full roster of Innovators may be found here. https://www.saga.xyz/innovators
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 automated 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
Supported Pools:
Stake BNB https://launchpad.binance.com/en/launchpool/SAGA_BNB :
Stake FDUSD https://launchpad.binance.com/en/launchpool/SAGA_FDUSD :
Farming Period: 2024-04-05 00:00 (UTC) to 2024-04-08 23:59 (UTC).
Project Links
Website : http://saga.xyz/
White paper: https://sagaxyz.cdn.prismic.io/sagaxyz/08e727f2-88a2-4c95-ad17-b0b9579d2b69_saga-litepaper-march-2022.pdf
Medium: https://medium.com/sagaxyz
X: https://twitter.com/Sagaxyz__
Discord: https://discord.com/invite/UCRsTy82Ub
Telegram: https://t.me/sagaofficialchannel