Summary
Gaming-focused blockchain Saga Protocol is launching its mainnet and SAGA token on April 9 after a successful airdrop campaign that saw $13.4 billion staked on Binance. The network allows developers to launch their own chains for decentralized apps, with a focus on gaming. The SAGA token will be used to pay for transaction fees on the network. Saga also announced a game publishing division called Saga Origins.
Key Points
1. Saga Protocol has generated significant attention through its gaming-focused layer-1 blockchain, attracting a record-breaking $13.4 billion staked on Binance for SAGA token rewards.
2. Saga allows developers to launch their own chainlets or sets of chains on its network, enabling horizontal scaling for decentralized apps (dapps) with a focus on gaming projects.
3. The SAGA token, set to launch on April 9 and listed on Binance, will be used to cover transaction fees on the network, with an initial circulating supply of 90 million tokens and incentives for developers to participate in the ecosystem.