Binance Announces Listing of Saga (SAGA) on Launchpool
Binance Announces Listing of Saga (SAGA) on Launchpool
Binance cryptocurrency exchange officially announces its 51st Launchpool project, Saga. Users can stake BNB or FDUSD in separate pools to farm Saga tokens. Read more details here.
Binance to List Saga (SAGA) as First Cryptocurrency
Exchange, Starting Trading at 00:00 on April 9, 2024 (UTC).
This will also be the 51st project on Binance Launchpool. Saga is a layer 1 protocol for automatically creating blockchains for specific applications. The projectβs website will be active in the next 24 hours before Launchpool begins.
Users can stake BNB and FDUSD in separate pools to farm SAGA tokens for 4 days, starting at 00:00 on March 5, 2024 (UTC).
Afterwards, Binance will list Saga at 00:00 on April 9, 2024 (UTC) and open trading with pairs SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD & SAGA/TRY.
A Seed Tag will be applied to SAGA.
Register for trading on Binance here.
Related: Binance Announces Listing of Ethena (ENA) on Launchpool
Details about SAGA Launchpool
Binance listing Saga
Saga Protocol is a pioneering project in providing a solution for building blockchains specifically for applications. Saga can be considered a versatile blockchain network used to initiate and operate separate blockchains, called βChainlets,β within its ecosystem. These Chainlets are protected by Sagaβs validator system through a special mechanism called Interchain Security, a common security system originating from Cosmos.
- Token name: Saga (SAGA)
- Maximum total supply: 1,000,000,000 SAGA
- Launchpool Token Rewards: 45,000,000 SAGA (4.5% of total supply)
- Initial circulating supply: 90,000,000 SAGA (9% of total supply)
Supported pools:
- Stake BNB: 36,000,000 SAGA rewards (80%)
- Stake FDUSD: 9,000,000 SAGA rewards (20%)