🚀 SAGA Protocol : is making waves as it debuts on Binance as the 51st Launchpool project. Let's dive into the details:
1. What is SAGA?
- SAGA is a Layer 1 protocol that empowers developers with "Chainlets" for building applications with infinite horizontal scalability.
- It has raised $15 million and boasts partnerships with Polygon, Avalanche, Celestia, Marble, and Com2uS.
2. Token Farming:
- Users can stake their BNB and FDUSD in separate pools on Binance Launchpool to farm SAGA tokens over four days.
- Sponsored Farming runs from April 5 to April 9, after which Binance will list SAGA at around 14:00 (UTC).
3. Trading Pairs:
SAGA will launch with five trading pairs: SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD, and SAGA/TRY.
- total supply of SAGA is 1,000,000,000, with 45,000,000 allocated for Binance Launchpool rewards.
4. Use Cases:
- SAGA tokens serve various purposes, including staking and governance.
- Developers on the Saga Protocol use SAGA to pay network validators and keep their Chainlets alive.
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