Saga Coin (SAGA)
Saga Chain is a Layer 1 network built on the Cosmos SDK with limitless horizontal scalability potential. It enables web3 game developers to seamlessly spin up their own parallelized, Virtual Machine-independent, and interoperable chains called "Chainlets".
The entire Saga protocol is powered by its native $SAGA token, which is used for accessing decentralized governance, staking, paying fees, and rewarding Chainlets validators within the network.
Since its inception in 2021, the company has closed three private funding rounds with top-tier funds and investors, including Polygon Studios, Hypersphere Ventures, SamsungNext, and others, securing over $15M.
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Saga Coin Airdrop & Retrodrop & Bounty
Saga is an L1 network built on Cosmos SDK with a unique approach to limitless horizontal scalability. It enables developers to construct their own VM-agnostic chain networks called “Chainlets,” powered by the PoS mechanism of the Saga protocol.
The PoS and decentralized governance within the Saga crypto network are powered by its native Saga token, which is utilized for paying fees, rewarding node runners, and voting on network governance proposals.
On April 9, 2024, the platform launched a staking campaign and mentioned an upcoming from Saga and the dApps for stakers in the same post. According to the platform's announcements, the snapshot for the event is scheduled to occur this month.
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