Key Points
- Binance has listed Saga (SAGA), and trading officially begins with these pairs: SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD, and SAGA/TRY.
- The Saga mainnet is live, and the market cap is $486M.
Binance has just listed Saga (SAGA) and the trading officially begins.
The other day, Binance released an official announcement stating that it decided to advance the starting trading time for Saga (SAGA).
The trading start time was originally set for April 9, 14:00 UTC, and the exchange decided to advance it for today, at 08:00 UTC.
SAGA is the 51st project on Binance Launchpool. Users could stake BNB and FDUSD to farm SAGA tokens before the listing.
Binance listed SAGA with five trading pairs: SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD, and SAGA/TRY.
The Saga mainnet is now live:
Saga Mainnet is now live. pic.twitter.com/2WWVsF9fcY
— Saga ⛋ (@Sagaxyz__) April 9, 2024
SAGA token launch after a record-breaking Binance campaign
With over $13 billion staked in less than a day, the SAGA launchpool was the largest in Binance history.
$13B+ staked in under 24 hours.$SAGA has already become the largest Launchpool in Binance history.
— Saga ⛋ (@Sagaxyz__) April 5, 2024
Last week, the Saga team has also posted on its X account the announcement of the final cohort of Saga Innovators before the mainnet launch.
More than 350 projects have reportedly joined the program, and the team offered their gratitude to the builders who have joined them alongside this journey.
Saga is a crypto project that launched on Binance’s Launchpool on April 5, 2024, with trading starting on April 9. The project allows developers to build custom blockchains for their applications.
The gaming-focused layer-1 blockchain Saga Protocol managed to draw a lot of attention in the crypto industry, and the hype around the project intensified with the approaching of the Binance launch of the token.
The team behind Saga announced on their X account that there are more than 500,000 participants who are currently staking rewards on the $SAGA Binance Launchpool.
Over 500,000+ participants are now staking for rewards on the $SAGA Binance Launchpool.
— Saga ⛋ (@Sagaxyz__) April 8, 2024
Saga’s CEO and co-founder Rebecca Liao explained that there is no such thing as launching directly on the Saga mainnet. Instead, devs will use Saga to launch their own chain called a chainlet or a set of chains.
This eliminates the need for developers to compete for blockspace with other projects on congested networks.
The main focus of Saga is to empower the developers.
