{"id":502118,"date":"2024-04-05T18:45:42","date_gmt":"2024-04-05T18:45:42","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=502118"},"modified":"2024-04-05T18:45:42","modified_gmt":"2024-04-05T18:45:42","slug":"unveiling-the-saga-binance-prepares-for-3-9-billion-gaming-token-rollout","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/unveiling-the-saga-binance-prepares-for-3-9-billion-gaming-token-rollout","title":{"rendered":"Unveiling the Saga: Binance Prepares for $3.9 Billion Gaming Token Rollout"},"content":{"rendered":"

In the ever-evolving world of cryptocurrency, Binance is gearing up to make headlines with the introduction of the SAGA token. Slated for listing on April 9, this new token is part of a strategic Launchpool rewards campaign that’s already captivating Binance users. The anticipation is palpable as half of SAGA’s initial circulating supply is up for grabs in this unique promotion.<\/p>\n

Binance’s SAGA Token: A New Era in Gaming Cryptocurrency<\/h2>\n

The SAGA token is set to make its debut on the Binance platform<\/a>, thanks to the innovative Binance Launchpool program. This initiative allows users to stake various cryptocurrencies, such as Binance Coin (BNB) and the FDUSD stablecoin, to earn SAGA tokens as rewards. As a result, a significant portion of the token’s initial circulation, amounting to 45 million tokens or 9% of the total supply, is being distributed to participants in this program.<\/p>\n

Since the launch of the campaign late on a Wednesday, the response has been overwhelming. Nearly $3.8 billion worth of assets have been staked by Binance customers, with 109,000 users opting for BNB and around 82,000 users choosing FDUSD. This massive stakeout underscores the community’s enthusiasm for the upcoming token launch.<\/p>\n

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Introducing @Sagaxyz__<\/a> $SAGA<\/a> on #Binance<\/a> Launchpool! <\/p>\n

Farm $SAGA<\/a> by staking #BNB<\/a> and $FDUSD<\/a>.<\/p>\n

➡️ https:\/\/t.co\/azwoqeTgew<\/a> pic.twitter.com\/g0lC0FjZkx<\/a><\/p>\n

— Binance (@binance) April 4, 2024<\/a><\/p><\/blockquote>\n