Wrapped SAGA Price, Live Chart & Market Cap

Wrapped SAGA: Infinite Scalability for Games, NFTs & DeFi with App-Specific Chains

Name: Wrapped SAGA
Brand: Wrapped SAGA
SKU: SAGA
Price: 0.290384 USD
Availability: InStock

Wrapped SAGA Overview

Wrapped SAGA is designed to power chain-specific expansions. It secures custom blockchains with staking and shared validation. Builders rely on it for governance, cross-chain transfers, and near-zero fees. Wrapped SAGA fosters gaming, DeFi, and NFT adoption by removing congestion. Its appchain model scales as usage grows, unlocking flexible solutions for developers across the entire crypto market.

Utility & Use Cases SAGA

Staking Potential

Users stake Wrapped SAGA for network security. • Earn yield from inflation and chain fees.

Community Governance

Wrapped SAGA holders vote on proposals. • Decide platform upgrades and parameters.

Dedicated Chainlets

Developers launch specialized chains for gaming or defi. • Separate traffic ensures stable performance.

Wrapped SAGA Technologies Overview

Fast Transactions

Tendermint consensus finalizes blocks swiftly, preventing network lag.

Cross-Chain Compatibility

IBC integration allows transfers to and from other networks seamlessly.

Low Fees Approach

Developers can subsidize costs, creating near-zero gas fees for end users.

Smart Contract Support

EVM-based Chainlets offer wide dApp compatibility for DeFi and NFTs.

Funding

Wrapped SAGA was introduced via private seed rounds totaling around $15 million from backers like Placeholder and Samsung Next. In April 2024, an additional public sale took place on Binance Launchpool, distributing 45 million tokens at $0.075 each. Early supporters also received an airdrop. These steps helped expand the coin’s visibility for future developments.

Roadmap

Phase 1 Launch

In April 2024, Wrapped SAGA went live with initial validators and staked security.

Phase 2 Cross-Chain

Early cross-chain validation was enabled, letting multiple chainlets share the same network security.

Liquidity Layer

A new integration unifies asset flow across chainlets, fostering a bigger DeFi ecosystem.

Permissionless Creation

Future updates aim for open chainlet launches, removing approvals and boosting decentralized adoption.

Wrapped SAGA Security & Audit Reports

Wrapped SAGA’s mainnet code has undergone reviews to reduce smart contract and consensus risks. An external audit by Zenith Security checked core upgrades. No major breaches have been reported since launch.