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Saga

SAGA

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Saga Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
BinanceSAGA/USDT0.22230,619.54417,467.014.32 M0.04cex6127/9/2025, 6:23 AM
MEXCSAGA/USDT0.22155,429334,980.022.47 M0.09cex5587/9/2025, 6:18 AM
HTXSAGA/USDT0.221,179.7711,738.752.44 M0.13cex3727/9/2025, 6:23 AM
GateSAGA/USDT0.22204,804.56301,097.171.55 M0.06cex5487/9/2025, 6:23 AM
BinanceSAGA/TRY0.2218,543.7618,233.671.47 M0.01cex633.257/9/2025, 6:23 AM
Binance TRSAGA/TRY0.228,152.92,010.261.26 M0.53cex2697/9/2025, 6:21 AM
Zedxion ExchangeSAGA/USDT0.2231,269.8751,524.391.06 M0.09cex357/9/2025, 6:21 AM
KoinbaySAGA/USDT0.2233,129.6952,052.031.06 M0.15cex4027/9/2025, 6:21 AM
SpireXSAGA/USDT0.2229,383.2948,852.351.06 M0.1cex697/9/2025, 6:15 AM
GateSAGA/USDC0.222,785.387,697.97799,360.080.03cex3397/9/2025, 6:23 AM
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Saga FAQ

### What Is Saga Protocol (SAGA)? Saga Protocol (SAGA) is a cryptocurrency designed to offer a unique solution in the digital asset landscape. The platform aims to enhance decentralization and scalability, providing users with a robust and efficient framework for transactions. Listed on Eulerpool, Saga Protocol leverages cutting-edge technology to ensure swift and secure operations, catering to the evolving needs of its users.

Saga is a Layer 1 protocol that enables developers to automatically create VM-agnostic, parallelized, and interoperable dedicated chains, or "Chainlets," which offer applications limitless horizontal scalability. Each Chainlet mirrors the Saga Mainnet, sharing the same validator set and security model. Saga's mission is to facilitate the creation of the next 1000 chains in gaming and entertainment within the expanding Saga Multiverse. For an in-depth exploration of Saga, visit their website. The widespread adoption of blockchain is approaching, and developers require foundational infrastructure that is infinitely scalable, interoperable, and cost-effective to support consumer applications. By allowing developers to establish dedicated blockspace on demand, which scales elastically with performance needs, enables rapid bridging to other ecosystems, and is priced at commodity levels, Saga provides the end-to-end infrastructure essential for developers to build the next generation of blockchain applications. For more detailed information, you can find Saga listings on Eulerpool.

What is the Total Circulation of SAGA Coins?

The SAGA Protocol initiated its mainnet on April 9, 2024, with the creation of 1 billion SAGA tokens at genesis. The token supply experiences inflation governed by SAGA's tokenomics, aiming for an annual inflation rate of approximately 7%. For a more comprehensive exploration of the SAGA token, please refer to Eulerpool.

SAGA Protocol Founders: Who Are They?

Saga is led by four co-founders: Rebecca Liao (CEO), Jin Kwon (CSO), Jacob Mcdorman (CTO), and Bogdan Alexandrescu (VP of Engineering). Rebecca Liao has a strong background in establishing successful startups in the fields of cryptocurrency and artificial intelligence, such as Skuchain and Globality. She has also held significant roles as a policy advisor in major presidential campaigns, including those of Joe Biden and Hillary Clinton. Rebecca is recognized for her ability to create cross-industry connections that lead to innovative organizations. Jin Kwon has been involved in the Cosmos ecosystem since 2018, starting with his role as Chief of Staff to the CEO at Tendermint. He has since served as the Vice President of Corporate Development and as Managing Director of Tendermint Ventures. Jin possesses a versatile skill set that spans engineering, sales, marketing, and finance, and he is committed to integrating web3 technology into everyday applications. Jacob Mcdorman is an entrepreneur with extensive experience in product development and research. With over a decade of experience, he has driven the growth of product ventures both independently and in collaboration with others, serving as a startup founder, development studio owner, and advisor. Jacob is driven by a vision-oriented mindset complemented by a pragmatic approach. Bogdan Alexandrescu previously held the position of Engineering Leader at Apple Inc., where he concentrated on large-scale distributed computing, machine learning, AI, and infrastructure projects. He was also a Technical Lead for Twitter Ads. Bogdan is a founding partner at Blocktech Ventures, a venture capital firm specializing in frontier technology and blockchain, and is a member of the Bitcoin Foundation. For more information, you can find details about Saga's performance and updates on Eulerpool.

What Distinguishes the SAGA Protocol?

Saga represents the only Layer 1 (L1) platform capable of launching other L1s, with a mission to provide developers with limitless horizontal scalability. Each Saga Chainlet offers the following attributes: - Infinite Horizontal Scalability: All Chainlets are parallelized appchain instances, enabling applications to dynamically expand to achieve peak performance and speed. - Costless Transactions and Low, Predictable Chain Fees: Developers have the flexibility to select their preferred monetization model, whether it involves their own token, fiat currency, stablecoins, or the token of another ecosystem. Chainlet fees are determined through a daily reverse auction among validators, promoting competitive pricing for blockspace. - Automation: Developers can deploy a Chainlet effortlessly with just a click in the Saga WebApp. - Interoperability and Rapid Bridging: Users can swiftly and efficiently transfer assets between Chainlets, Saga, and other ecosystems via automatic interoperability and asynchronous composability. Thanks to the fast transaction finality each Chainlet provides, users can also benefit from rapid bridging to other chains. - Fully Flexible Stack: Developers receive their own dedicated chains, granting optimal flexibility and customizability of their environments. The Saga Chainlet Realm is the mechanism by which additional blockspace beyond the Chainlet stack is automated using the Saga Protocol. Saga Realms enables developers to launch customizable chains on Saga with a range of features and services, including technology stack options, security sources, and various commitments to those sources. Within the Realms framework, the standard Saga Chainlet has become one of many Realms anticipated to be supported soon, including those for Saga’s partners such as Ethereum (Ethlets), Polygon, Avalanche, Celestia, XPLA, and numerous others.

What Measures Are Taken to Secure the SAGA Network?

Saga's mainnet operates as a fully decentralized, proof-of-stake blockchain, utilizing Tendermint consensus to ensure its security.

Where can SAGA Protocol (SAGA) be purchased?

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**Saga Ecosystem** Saga is a cryptocurrency that facilitates various transactions as part of a comprehensive ecosystem designed to support a range of blockchain-related activities. For detailed information and in-depth analysis of Saga's market performance, visit Eulerpool. Through Eulerpool, you can access real-time data and updates, ensuring that you stay informed about Saga’s latest trends and developments within the crypto market.

In less than two years, Saga has expanded from zero to 350 projects utilizing its protocol, with 80% of these projects focused on gaming. Approximately 10% of projects are related to NFTs and entertainment, and another 10% are associated with DeFi. A complete list of Innovators can be found here. Saga has formed strategic partnerships with Polygon, Avalanche, MarbleX, Com2uS, and Celestia to automatically scale their infrastructure through Chainlets. In March 2024, Saga launched Saga Origins, a new game publishing division dedicated to introducing groundbreaking, expansive, and uncompromising games to the market. Saga is the first and only web3 platform to establish a dedicated game publishing arm, allowing developers to partner for the release of their projects. Saga Origins is devoted to providing a comprehensive and collaborative approach to bring games to a global market. While developers have traditionally relied on grants for building and launching their games, Saga Origins extends additional valuable support, such as partnerships with influencers to raise awareness, sponsored user acquisition campaigns, community building, and promotional assistance. By introducing Play-to-Airdrop as an exceptionally effective web3-native user acquisition strategy, Saga has established a distribution channel for web3 applications that has since been embraced by numerous protocols within this sector.

Investors interested in Saga are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.