Binance, the world’s leading crypto exchange, is adding support for a new layer-1 crypto project called Saga (SAGA) through its Launchpool platform.
What is Saga?
Saga is a web3 platform designed to empower developers to create interoperable, application-specific chains called “Chainlets.” This enables developers to launch dedicated blockchains as easily as deploying smart contracts.
Binance Launchpool Details
From April 5th to 9th, Binance users can stake BNB and FDUSD in separate pools to earn SAGA tokens. The exchange plans to list SAGA on April 9th.
Launchpool will distribute 45,000,000 SAGA tokens, representing 4.5% of the project’s total supply.
Seed Tag
Binance will attach a seed tag to SAGA, indicating that it is a lower-liquidity project with potentially higher volatility. Users must pass quizzes every 90 days to confirm their understanding of the risks before trading SAGA.
Disclaimer
The information provided in this article does not constitute investment advice. Investors should conduct their own research before making any investments.
