⛏️ Introducing Saga(SAGA) on Binance Launchpool
Saga is a Layer 1 protocol enabling developers to effortlessly create VM-agnostic, parallelized, and interoperable dedicated chains known as "Chainlets." These Chainlets offer applications infinite horizontal scalability.
Saga enables developers to initiate Chainlets with just a click, utilizing automated CI/CD deployment pipelines standardized across any type of blockchain virtual machine, leveraging shared security and state-of-the-art validator orchestration.
💰 Native Token - $SAGA
🔧 Token Utility
- Chainlet Activation Fee: Developers remit $SAGA to network validators for initiating and maintaining their Chainlets.
- Participatory Governance: Users can partake in voting for network governance matters.
- Staking Incentives: By contributing to network security, participants earn rewards in $SAGA and tokens from projects utilizing the Saga protocol.
📊 Token Metrics
- Token type: Native Cosmos token
- Total Supply: 1,000,000,000
- Initial circulating supply: 90,000,000
- Binance Launchpool Allocation: 45,000,000
👀 Chainlets Features
- Cost-Efficient Transactions & Predictable Chain Fees
- Interoperability & Rapid Bridging
- Highly Customizable Stack
- Infinite Horizontal Scalability
- Automation
🔭Price Prediction
Based on previous BNB Launchpools, and assuming an APR of 90% for this mining period duration of 4 days, the token price is projected to exceed 2 USDT. With a conservative estimate derived from a minimum yield rate of 70%, the floor price is estimated to be approximately 1.5 USDT. However, considering the average market capitalization of Binance Launchpool projects to be in the range of 400M to 500M, the token price is anticipated to reach 5 USDT.
⚠️ Binance will be the first platform to list the token. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.
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