Website: Visit Website
Platform: Ethereum
- White Paper: Link
- Platform: Ethereum
- Total Supply: N/A
Saga is embarking on an exciting journey with its launch, aiming to enrich its community by airdropping tokens to developers, users, community members, and validators based on their engagement in various quests. This initiative is designed to reward the contributions and innovations within the Saga ecosystem, emphasizing the value of active participation.
Key Highlights of the Saga Airdrop:
- Innovators at the Core: The first group targeted for the airdrop is the Innovators, who are considered the backbone of the Saga community. They are tasked with completing specific quests that showcase their contributions and creativity on the Saga platform.
- Eligibility Criteria: To be eligible for the airdrop, participants must not be U.S. Persons as defined by certain U.S. regulations. The airdrop is structured around three main opportunities: during the genesis file, post-genesis in phases 2–6 of the launch, and after phase 6.
- Token Allocation: A significant portion of the tokens, totaling 20% of the supply, is allocated for airdrops, with specific percentages designated for different phases of the launch. This includes 6% at Phase 1, 4% from Phases 2–6, and 10% post Phase 6.
- The Innovator Quest: Innovators are encouraged to engage in various activities, such as launching new Chainlets, running tournaments, posting demo videos, and more. These activities not only qualify them for the airdrop but also enhance their visibility and impact within the Saga ecosystem.
- Rewards for Users: Innovators have the opportunity to distribute tokens to their end users, further fostering community engagement and growth. This distribution is based on achieving user volume milestones over a three-month period.
- Getting Started: The incentivized testnet opens at the end of October 2023, allowing Innovators to begin their quests and contribute to the Saga ecosystem’s growth.
Saga’s approach to launching and rewarding its community members is a testament to its commitment to innovation and collaboration. By incentivizing contributions through airdrops, Saga aims to build a strong, engaged, and vibrant community that supports and enhances the DeFi ecosystem.
For those interested in the Saga airdrop and the broader vision of the platform, staying updated through their official channels on Twitter, Discord, Telegram, and Medium is recommended. This initiative not only offers a chance to be part of a pioneering DeFi project but also to contribute to shaping its future.