Launchpool

Saga

April

Rewards

<h2 id="key-points">Key Points</h2>
<ul>
 <li>Saga announced that over $13B were staked in less than 24 hours, making it the largest Launchpool in Binance history.</li>
 <li>The team reveals the final cohort of Saga Innovators before the mainnet launch.</li>
 <li>Saga is a new entry in the crypto landscape, aiming to revolutionize blockchain development.</li>
</ul>
In an&nbsp;<a href="https://www.binance.com/en/support/announcement/introducing-saga-saga-on-binance-launchpool-farm-saga-by-staking-bnb-and-fdusd-22674210af2b4d35b7ddc62c243d66fa" target="_blank" rel="noopener noreferrer nofollow">official announcement</a>, Binance revealed Saga as the 51st project that was launched on Binance Launchpool on April 4.
<a href="https://crypto.ro/en/news/binance-announces-wormholes-w-token-listing/" rel="noopener noreferrer nofollow">Binance</a> is the first exchange to list SAGA, with trading starting on April 9, 2024, at 2:00 PM UTC.
Users were able to start farming SAGA tokens on April 5 by staking BNB and FDUSD in separate pools on Binance Launchpool over four days.
The other day, the Saga team announced on their X account that over $13B were already staked in less than 24 hours, and Saga had already managed to become the largest Launchpool in <a href="https://crypto.ro/en/news/binance-announces-strengthened-kyc-standards-for-binance-link-program/" rel="noopener noreferrer nofollow">Binance</a> history.
<blockquote class="twitter-tweet">
 $13B+ staked in under 24 hours.<a href="https://twitter.com/search?q=%24SAGA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">$SAGA</a> has already become the largest Launchpool in Binance history.
 — Saga ⛋ (@Sagaxyz__) <a href="https://twitter.com/Sagaxyz__/status/1776305039750922279?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">April 5, 2024</a>
</blockquote>

According to <a href="https://launchpad.binance.com/en/launchpool/SAGA_BNB" rel="noopener noreferrer nofollow" target="_blank">Binance</a>, the current total BNB staked is a little under 18 million BNB.
At the moment of writing this article, BNB is trading in the green on <a href="https://coinmarketcap.com/currencies/bnb/" rel="noopener noreferrer nofollow" target="_blank">CoinMarketCap</a>, up by almost 1.50% in the past 24 hours. BNB is priced at $583.
<figure style="width: 100%" class="wp-caption alignnone">
 <a href="https://coinmarketcap.com/currencies/bnb/" rel="noopener noreferrer nofollow" target="_blank"><img src="https://crypto.ro/en/wp-content/uploads/2024/04/BNB_1D_graph_coinmarketcap.jpg" alt="BNB price" width="761" height="475" title="Saga (SAGA) Becomes The Largest Launchpool In Binance History In 24H 3"></a>
 <figcaption>
 BNB price
 </figcaption>
</figure>
<h2 id="saga-announces-the-final-cohort-of-innovators-before-the-mainnet-launch">Saga announces the final cohort of innovators before the mainnet launch</h2>
The team behind the project has also posted on its X account the announcement of the<a href="https://www.saga.xyz/innovators" rel="noopener noreferrer nofollow" target="_blank"> final cohort of Saga Innovators</a> 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.
<blockquote class="twitter-tweet">
 Announcing the final cohort of Saga Innovators before mainnet launch.
 350+ projects have now joined the Saga Innovator program!
 A special thank you goes out to all the builders who have joined alongside us on this journey.<a href="https://t.co/DrcpxQ2Lv8" rel="noopener noreferrer nofollow" target="_blank">https://t.co/DrcpxQ2Lv8</a> <a href="https://t.co/Jr9QxfnY7w" rel="noopener noreferrer nofollow" target="_blank">pic.twitter.com/Jr9QxfnY7w</a>
 — Saga ⛋ (@Sagaxyz__) <a href="https://twitter.com/Sagaxyz__/status/1776356034971357642?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow" target="_blank">April 5, 2024</a>
</blockquote>

A couple of days ago, Binance <a href="https://crypto.ro/en/news/saga-saga-project-launches-on-binance-launchpool/" rel="noopener noreferrer nofollow">announced</a> the available pairs: SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD, and SAGA/TRY.&nbsp;The maximum token supply is 1 billion SAGA, and the Launchpool Token Rewards are 45 million SAGA, meaning 4.5% of the maximum token supply.
Although the project is new in the crypto industry, it managed to draw huge attention.
<a href="https://crypto.ro/en/education/what-is-saga-binances-51th-launchpool-project/" rel="noopener noreferrer nofollow">Saga</a>‘s main focus is to empower developers. They acknowledge the limitations of existing blockchains and have taken the challenge to tackle scalability and development complexities head-on. The core offering of Saga is the ability to create dedicated blockchains, known as “chainlets,” with ease.
These chainlets are designed based on specific applications, which eliminates the need for developers to compete for blockspace with other projects on congested networks.

Saga (SAGA) Becomes The Largest Launchpool In Binance History In 24H

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