herein, with trade starting at 2024-04-09 14:00 (UTC). Any claims to offer this
token for sale before the stated timeline are false advertising. Please do your
own research to ensure safety of your funds!
Fellow Binancians,
Binance is excited to announce the 51st project on Binance Launchpool - Saga
(SAGA) , an L1 to launch
L1s. Thewebpage is
estimated to be available in 5 hours, before the Launchpool starts.
Users will be able to stake their BNB and FDUSD into separate pools to farm
SAGA tokens over four days, with farming starting from 2024-04-05 00:00 (UTC).
Listing
Binance will then list SAGA at 2024-04-09 14:00 (UTC) and open trading with
SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD and SAGA/TRY trading pairs. TheSeed
Tag
will be applied to SAGA.
SAGA Launchpool Details:
*
Token Name: Saga (SAGA)
*
Max Token Supply: 1,000,000,000 SAGA
*
Launchpool Token Rewards: 45,000,000 SAGA (4.5% of max token supply)
*
Initial Circulating Supply: 90,000,000 SAGA (9% of max token supply)
*
Smart Contract Details: Saga Security Chain
*
Staking Terms: KYC required
*
Hourly Hard Cap per User:
*
37,500 SAGA in BNB pool
*
9,375 SAGA in FDUSD pool
Supported Pools:
*
Stake BNB (webpage will
be available in around 5 hours): 36,000,000 SAGA in rewards (80%)
*
Stake FDUSD (webpage
will be available in around 5 hours): 9,000,000 SAGA in rewards (20%)
*
Farming Period: 2024-04-05 00:00 (UTC) to 2024-04-08 23:59 (UTC).
SAGA Farming Distribution
Dates (00:00:00 - 23:59:59 UTC each day)
Total Daily Rewards (SAGA)
BNB Pool Daily Rewards (SAGA)
FDUSD Pool Daily Rewards (SAGA)
2024-04-05 - 2024-04-08
11,250,000
9,000,000
2,250,000
Read about Saga (SAGA) in our research report here
, which will be available
within 1 hour of publishing this announcement.
Project Links
*
Website
*
Whitepaper
*
Medium
*
X
*
Discord
*
Telegram
Please note:
*
Snapshots of user balances and total pool balances will be taken multiple times
at any point of time each hour to get users’ hourly average balances and
calculate user rewards. User rewards will be updated each hour.
*
Users will be able to accumulate their rewards (calculated each hour) and
claim these rewards directly to their spot accounts at any time.
*
Each pool’s annual percentage yield (APY) and total pool balance will be
updated in real time.
*
Tokens can only be staked in one pool at a time. For example, User A cannot
stake the same BNB into two different pools at the same time, but can allocate
50% of their BNB into pool A and 50% into pool B.
*
Users will be able to unstake their funds at any time with no delay and
participate in any other available pools immediately.
*
Tokens staked in each pool and any unclaimed rewards will be automatically
transferred to each user’s spot accounts at the end of each farming period.
*
Binance BNB Vault and Locked Products will support the Launchpool. Users who
have staked their BNB in BNB Vault and Locked Products will automatically
participate in the Launchpool, and receive new token rewards.
*
If there are more than one Launchpool projects running concurrently, users'
BNB assets in BNB Vault and Locked Products will be split and allocated into
each project equally unless otherwise specified.
*
BNB Vault assets collateralizing against Binance Loans (Flexible Rate) are not
entitled to Launchpool rewards.
*
BNB staked into Launchpool will still provide users with the standard benefits
for holding BNB ,
such as airdrops, Launchpad eligibility and VIP benefits.
Participation in Launchpool is subject to eligibility based on the user's
country or region of residence. Please refer to the instructions on the
Launchpool page.
Please note that the list of excluded countries provided below is not
exhaustive and may be subject to changes due to evolving local rules,
regulations, or other considerations.
Users need to complete their account verification and also be from an eligible
jurisdiction to participate in farming SAGA.
Currently, users residing in the following countries or regions will not be
able to participate in farming SAGA: Australia, Canada, Cuba, Crimea Region,
Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of
America and its territories (American Samoa, Guam, Puerto Rico, the Northern
Mariana Islands, the U.S. Virgin Islands), and any non-government controlled
areas of Ukraine
This list may be updated periodically to accommodate changes in legal,
regulatory, or other factors.
Note: There may be discrepancies in the translated version of this original
article in English. Please reference this original version for the latest or
most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-04-04
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
Find us on
*
Telegram
*
X
*
*
Binance reserves the right in its sole discretion to amend or cancel this
announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices are subject to high market risk and price
volatility. The value of your investment may go down or up, and you may not get
back the amount invested. You are solely responsible for your investment
decisions and Binance is not liable for any losses you may incur. Past
performance is not a reliable predictor of future performance. You should only
invest in products you are familiar with and where you understand the risks.
You should carefully consider your investment experience, financial situation,
investment objectives and risk tolerance and consult an independent financial
adviser prior to making any investment. This material should not be construed
as financial advice. For more information, see ourTerms of Use
and Risk Warning
.
Introduction To Crypto
a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography.All
Crypto Price Information
| Price | Price Change (24h) | Trading Volume (24h) | Market Cap | |
|---|---|---|---|---|
| BTC | $59,221.49 USD | +4.19% | $39,842,685,952.77 USD | $1,166,249,118,512.93 USD |
| ETH | $2,992.44 USD | +4.13% | $16,777,121,884.99 USD | $359,366,550,399.72 USD |
| GARI | $0.01838 USD | +22.94% | $2,886,128.72 USD | $5,235,565 USD |
| SOLX | $0.1891 USD | +11.53% | $1,561,002.48 USD | $0 USD |
| MLN | $15.78 USD | +10.97% | $581,483.51 USD | $21,896,691 USD |
