$1.379 +10.75%
Glob. Mkt Cap Rank: Unranked
2024-08-07:09:36:35update
24H High
:
10.5187
24H Turnover
:
4.35亿
Max Supply
:
0.0
24H TR
:
48.13%
24H Low
:
9.0228
24H Vol
:
43255075.43
Curr. Issued
:
90000000.0
24H High-Low
:
+16.58%
ATH
:
55.45
Highest Mkt Cap
:
9.03亿
Circulating Supply
:
90000000.0
Dominance
:
0.01%
ATL
:
6.29
Mkt Cap (Float)
:
9.03亿
Circulating Supply
:
9%
Issue Date
:
Introduction
Latest News
News Flash
Basic information
Full Currency Name /SAGA
Currency Code SAGA
Coin Intro "SAGAs price today is $0.91855, with a 24-hour trading volume of $34.2692 million. SAGA has fallen by 22.32% in the past 24 hours. Its market cap is $82.6694 million USD. The circulating supply is 90 million SAGA, and the maximum supply is 1 billion SAGA."
Issue Date
All-Time High $7.4833691
All-Time Low $0.89267265
Total Supply 1000000000
Circulating Supply 90000000
Circulating Supply Percentage 0.09
Market Cap 1972876260753
Fully Diluted Market Cap $9.1854905e-10
Mkt Cap (Float) $82669415
Circulating Market Cap % of Global Total 0.00004190299039253838
Listed on Exchanges 13
Official Link https://www.saga.xyz/
Whitepaper
Blockchain Explorer
Telegram
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Twitter https://twitter.com/sagaxyz__
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Currency Introduction
  • What is Saga?

    Saga is a Layer 1 protocol that enables developers to automatically launch dedicated, parallel, and interoperable chains — "Chainlets" — tailored for different virtual machines, providing infinite scalability for applications.

    Saga allows developers to launch Chainlets with a single click through shared security, cutting-edge validator orchestration, and standardized automated CI/CD deployment pipelines across any type of blockchain virtual machine.

    In under 2 years, the Saga ecosystem has grown to 350 projects built on its protocol, with 80% being games. Saga has also partnered with Polygon, Avalanche, MarbleX, Com2uS, and Celestia to use Chainlets to automatically scale their infrastructure.

    1.1 Project Mission

    Sagas mission is to make the next 1,000 gaming and entertainment chains part of the ever-evolving Saga Multiverse.

    1.2 Value Proposition

    The mass adoption of blockchain is imminent, and developers need infinitely scalable, interoperable, and cost-effective foundational infrastructure to support consumer applications.

    Saga enables developers to launch dedicated blockspace on-demand, which can elastically scale according to performance needs, open up rapid bridges to other ecosystems, and be priced at commodity rates. Saga provides the end-to-end infrastructure developers need to build the next generation of applications on the blockchain.

    1.3 Project Highlights

    All projects based on Saga are part of the Saga Innovators Program, which as of April 1, 2024, includes 350 projects. 80% of these projects are games. Approximately 10% of the projects are NFTs and entertainment, and 10% are DeFi. The full list of innovators can be found here.

    Saga has also partnered with the following Layer 1 protocols to use Chainlets to expand their infrastructure:

  • Polygon: Saga will automate Polygon CDK chains.

  • Avalanche: Saga will automate Avalanche subnets.

  • Celestia: Saga will automate decentralized rollups with Celestia DA.

  • MarbleX: Saga will provide scaling infrastructure for MarbleX chains.

  • Com2uS: Saga will provide scaling infrastructure for Com2uS chains.

  • In March 2024, Saga launched Saga Origins, a new game publishing division dedicated to bringing cutting-edge, premium games to market.

    Saga is the first web3 chain to establish a dedicated game publishing division where developers can collaborate to publish their projects.

    Saga Origins is committed to providing full-service and collaborative ways to bring games to the global mass market. Traditionally, developers only receive funding when building and launching games. Saga Origins offers additional beneficial support, including influencer collaborations for increased visibility, sponsorship for user acquisition campaigns, community building, and promotional support.

    Through its ongoing Play-to-Airdrop campaign, Saga, game studios, and guilds all join forces to organize tournaments where players are rewarded with the highly sought-after $SAGA tokens for participation. Recently in January, Saga completed the groundbreaking Three Kingdoms airdrop event in collaboration with participating partners Avalanche, Polygon, and Solana.

 

  • $SAGA is the native utility token of the Saga protocol, used for the following functions:

    • Payment for Chainlets: Developers pay $SAGA tokens to network validators to instantiate and maintain the vitality of their Chainlets.

    • Staking: Stakers help secure the network and receive $SAGA tokens and tokens from projects built on the Saga protocol as rewards.

    • Governance: $SAGA token holders will be able to vote on network governance decisions.

  • The Saga protocol is a fully decentralized proof-of-stake chain. Each Chainlet has the same validator set and security model as the main Saga network.

  • Each Chainlet features the following:

    • Infinite Horizontal Scalability: All Chainlets are parallelized application chain instances, allowing applications to elastically scale to peak performance and speed.

    • Low-cost Transactions and Low, Predictable Chain Fees: Developers can choose any monetization model they prefer, including their own tokens (or no tokens), fiat currencies, stablecoins, or even tokens from another ecosystem. All Chainlet fees are determined by daily reverse auctions among validators, encouraging commoditized pricing for blockspace.

    • Automation: Developers can set up a Chainlet with just one click in the Saga WebApp.

    • Interoperability and Rapid Bridging: Users can freely and quickly transfer assets between Chainlets and between Saga and other ecosystems using automatic interoperability and asynchronous composability. Since each Chainlet offers fast transaction finality, users can also leverage the benefits of rapid bridging to other chains.

    • Fully Flexible Stack: Developers enjoy their own dedicated chains, enabling optimal flexibility and customizability of environments.

  • To date, Saga has raised $15 million. Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment, and Chorus One.

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Development History
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