Binance Announces Listing of Saga (SAGA) on Launchpool

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 project’s 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

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 “Chainlets,” within its ecosystem. These Chainlets are protected by Saga’s 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%)