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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    PENGU token loses 20% in August amid Pudgy Party game launch

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    Base claims top 3 spot in 30-day NFT volume: DappRadar

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

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    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    PENGU token loses 20% in August amid Pudgy Party game launch

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    Base claims top 3 spot in 30-day NFT volume: DappRadar

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    floor down up to 18% in the last week (week ended August 26, 2023), volumes still robust

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    Blue chip NFTs sink double digits as ETH retreats from record highs

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    What’s Behind the Double-Digit Declines?

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    Telegram NFT Gifts Hit $57M in Sales as Users Rush In

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    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

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    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

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    Climb the SCOR Invitational Leaderboard and Earn Bigger $SCOR Airdrops

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    Pudgy Penguins Game ‘Pudgy Party’ Launches on iOS and Android

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    Pudgy Penguins and Mythical Games Launch Pudgy Party Game

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    Stability World AI Adds Games to Transform the Future of Web3 Gaming

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  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

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    SoonVerse Partners with Arris to Enhance User Experience

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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    What Is Impermanent Loss? How It Works, and How to Avoid It

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

    What Is an Algorithmic Stablecoin? How It Works and Why It Matters

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    What is Cloud Mining? A Beginner’s Guide

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    What Are Bitcoin Runes and RunesDEX? – Cryptocurrency News & Trading Tips – Crypto Blog by Changelly

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    6 Under-$1 Utility Tokens with Real-World Use to Watch in the 2025 Bull Run

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Home Gaming

Saga Gaming Token Launch Set as Binance Users Stake $3.9 Billion for Rewards

April 5, 2024
in Gaming
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Saga Gaming Token Launch Set as Binance Users Stake $3.9 Billion for Rewards
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The arrival of the Saga mainnet appears imminent,and the SAGA token itself has a listing date. That’s thanks to massive crypto exchange Binance, which announced a Binance Launchpool program to reward customers with SAGA tokens for staking other coins—and half of the initial circulating supply will be offered up through the promo.

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Binance will list the SAGA token on April 9, and up until that point, Binance customers can stake Binance Coin (BNB) or the FDUSD stablecoin into rewards pools via the Launchpool website to earn a share of tokens upon launch.

SAGA will have an initial circulating supply of 90 million tokens (or 9% of the total supply), and half of that is being offered to Launchpool stakers. Since the launch late Wednesday, customers have already staked nearly $3.8 billion worth of funds between the two coins, with 109,000 users staking BNB and about 82,000 users staking FDUSD.

The Saga Network is billed as a layer-1 blockchain that can be used to launch other chains thanks to its “chainlets” architecture. This allows projects to utilize multiple chainlets in unison to power a single application or for projects built on other blockchains to tap into Saga to help support their decentralized apps (dapps).

Introducing @Sagaxyz__ $SAGA on #Binance Launchpool!

Farm $SAGA by staking #BNB and $FDUSD.

➡️ https://t.co/azwoqeTgew pic.twitter.com/g0lC0FjZkx

— Binance (@binance) April 4, 2024

Saga has emerged thus far primarily as a gaming network, with about 80% of testnet projects falling into that category, though it’s not exclusively designed for the use case.

See also  Portal Airdrop Set for January as Gaming Token Nears Launch

However, Saga is very much leaning into that vibe. Saga held numerous play-to-airdrop tournaments and competitions across various games from December through February, with winning players earning an allocation of the token airdrop. Saga also teamed with games on chains like Solana and Avalanche for similar events.

The Saga airdrop claim took place in March and recently ended, with more than 200,000 total wallets eligible to earn tokens. This included play-to-airdrop winners, DeFi stakers on chains like Cosmos and Polygon, and owners of prominent NFTs like CryptoPunks and the Bored Ape Yacht Club.

The actual token will be live on April 9, and Binance said that it will be the first exchange to list the token. Saga recently announced that its mainnet will launch in April, and that it will also launch an in-house game publishing division called Saga Origins.

Binance Launchpool has already launched two other prominent gaming token campaigns so far in 2024—the two largest gaming token launches this year, in fact, based on the peak market cap for each coin. Pixels (PIXEL) and Portal (PORTAL) both debuted via the platform, with Portal drawing a record $8.6 billion worth of staked crypto via Launchpool.

Residents of many countries—including the United States, Canada, Japan, and Australia—are ineligible for earning rewards on Binance Launchpool. The Launchpool announcement for Saga provides a full list of countries.

Edited by Ryan Ozawa.

Tags: BillionBinancegaminglaunchRewardsSagasetStakeTokenUsers

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