Binance introduces Saga (SAGA) on Launchpool, allowing users to stake BNB and FDUSD tokens, earn rewards, and complete KYC verification during a 4-day farming period.
Binance, one of the leading cryptocurrency exchanges, recently introduced Saga (SAGA) to its Launchpool platform. Saga is L1 launching L1 and Binance is proud to be the first platform to list its token. Trading in Saga will begin on April 9, 2024 at 14:00 (UTC).
The launch of Saga on Binance Launchpool will give users the opportunity to farm SAGA tokens by staking their BNB and FDUSD tokens into a separate pool. The farming period starts at 00:00 on April 5, 2024 (UTC) and runs for 4 days.
After the farming period, Binance will list SAGA on several trading pairs including SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD, and SAGA/TRY. This listing provides users with enhanced trading opportunities and liquidity for Saga tokens.
Saga Launchpool has specific terms and conditions. Users must complete KYC (Know Your Customer) authentication to participate in the staking process. The hard cap per user per hour is set at 37,500 SAGA for BNB pools and 9,375 SAGA for FDUSD pools.
During the farming period, users can stake their tokens and earn rewards. Saga Launchpool is offering a total of 45,000,000 SAGA tokens as rewards, which corresponds to his 4.5% of the maximum token supply. The initial circulating supply of Saga is set at 90,000,000 SAGA, which corresponds to 9% of the maximum token supply.
To learn more about SAGA, users can access research reports published within an hour of publication. Additionally, you can visit his website at Saga, read his whitepaper, and join our Medium, Discord, and Telegram communities for more information and updates.
It is important to note that participation in Saga Launchpool may be subject to eligibility criteria based on your country or region of residence. Binance is available to users in certain jurisdictions, including Australia, Canada, Cuba, the Crimean region, Iran, Japan, New Zealand, the Netherlands, North Korea, Syria, the United States and its territories, and non-government controlled territories. It is outlined that there are. Ukraine is not eligible to participate.
As always, Binance advises users to conduct their own research and exercise caution when participating in any cryptocurrency-related activity. Users should be wary of false advertisements and claims of selling tokens before the official timeline and prioritize the safety of their funds.
With the launch of Saga on Binance Launchpool, Binance continues to provide innovative opportunities for users to participate in the cryptocurrency ecosystem and explore new tokens and projects.
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