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Cryptocurrency News Articles

Binance Updates SAGA Token Launch Time on Launchpool: Available April 9th at 03:00 PM (UTC)

Apr 08, 2024 at 05:08 pm

Binance has announced the updated listing time for SAGA tokens, which will now occur on April 9 at 3 PM UTC. Trading pairs will include SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD, and SAGA/TRY. The Seed card will be applicable for SAGA tokens. Users can stake BNB and FDUSD in separate pools to farm SAGA over four days, starting from April 5 at 7 AM UTC. The site is estimated to be online for 5 hours before the launchpools begin.

Binance Updates SAGA Token Launch Time on Launchpool: Available April 9th at 03:00 PM (UTC)

Binance Announces Revised Listing Time for SAGA Token on Launchpool

Binance, the world's leading cryptocurrency exchange, has revised the listing time for SAGA token on its Launchpool platform. The new listing time is set for April 9, 2022, at 03:00 PM (UTC).

Available Trading Pairs

SAGA tokens will be available to trade in the following pairs:

  • SAGA/BTC
  • SAGA/USDT
  • SAGA/BNB
  • SAGA/FDUSD
  • SAGA/TRY

Seed Tag Allocation

SAGA tokens will be allocated a Seed tag on Binance.

Previous Listing Time

The exchange had previously set the listing time for SAGA token as April 9, 2022, at 09:00 PM (UTC).

SAGA Farming and Staking

Users have been able to stake BNB and FDUSD in separate pools to farm SAGA tokens since April 5, 2022, at 07:00 AM (UTC). The website estimates the farms will be available for approximately five hours before the launchpool commences.

SAGA Token Details

  • Token Name: Saga (SAGA)
  • Total Supply: 1,000,000,000 SAGA
  • Launchpool Allocation: 45,000,000 SAGA (4.5% of total supply)
  • Initial Circulating Supply: 90,000,000 SAGA (9% of total supply)
  • Staking Requirement: KYC required
  • Hourly Hardcap per User:

    • 37,500 SAGA in BNB pool
    • 9,375 SAGA in FDUSD pool

About Saga Protocol

Saga is a Layer-1 protocol that automates the creation of blockchains for specific applications. The project aims to transform the way developers and end users interact with blockchains. It utilizes a shared security system, innovative consensus management, and automated deployment processes.

Saga makes it as easy to launch an independent blockchain, known as a "Chainlet," as it is to deploy a smart contract. The network provides optimal support with its scaling layer functionality for Web3 infrastructure.

Saga has secured investments from notable investors and partners such as Maven11, LongHash Ventures, Hypersphere, Figment, Polygon, Samsung Next, Chorus One, GSR, C2X, Crit Ventures, Merit Circle, and Hustle Fund.

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