Saga

Saga

SAGA
Market cap$218,617,084.00
Price$2.350
Est. APR10.28%Fee 5%

What is Saga?

Saga is a protocol designed to streamline the creation of application-specific blockchains. This is achieved by redefining how developers and end-users interact with blockchain technology. By incorporating shared security, advanced validator orchestration, and a sophisticated automated deployment pipeline, Saga simplifies launching a dedicated blockchain, referred to as a "Chainlet," making it as straightforward as deploying a smart contract. The Saga network is ideally positioned as a scalability layer for web3 infrastructure, enhancing its efficiency and effectiveness.

Saga targets the fast-growing gaming and entertainment sectors within the Web3 space. These sectors are rapidly emerging as areas with critical demands for dedicated blockchain environments and highly reliable service level agreements — near-perfect uptime is a must - and so is the appeal of Saga in this context.

As user engagement with the metaverse increases, so do the expectations for performance and seamless user experience. Crypto-based platforms are thus under pressure to meet these growing demands. Although the metaverse represents an exciting and expanding field, the foundational aspect of Web3 remains decentralized finance (DeFi).

Saga's advancements in blockchain technology facilitate the processing of high-volume-low-value types of transactions. This capability is set to unlock new categories of DeFi applications, broadening the scope of what's achievable in this sector.

What is Saga staking?

Staking is a great way for long-term crypto investors to earn passive income on their Proof-of-Stake cryptocurrency assets (such as SAGA) while taking part in securing the network.

Stakers, by delegating tokens to validators, give voting rights to these to validate transactions on the blockchain and propose new blocks. The more stake is attributed to a validator, the more it will be able to take part in the network consensus and earn rewards for its stakers.

A quick example: Suppose a blockchain network offers a 5% reward rate for a staking period of 1 year (5% APR). You decide to lock up and stake 100 tokens on the network. After a year, you can access your staked tokens, and you receive 5 additional tokens as your reward – minus eventual fees charged by the staking provider.

Staking Proof-of-Stake (PoS) cryptocurrencies such as SAGA does not require stakers to transfer their token to validators. It is a non-custodial process.

Why is Stakin a great choice for SAGA token staking?

Staking your assets on your own is operationally challenging as it requires specialist expertise to set up nodes and ensure constant uptime to maximize rewards or prevent so-called slashing: partial loss of your staked cryptocurrencies due to prolonged downtime, or inappropriate/malicious behavior by the node operator.

Stakin is an excellent choice for staking your SAGA tokens, as we have a strong expertise and track record of reliable operations on this network. Stakin has been a Saga network operator since 2023 testnets and genesis Mainnet operator since April 2024. We are also one of the most active Cosmos ecosystem contributor with a long-standing track record of highly reliable operations on Cosmos SDK blockchains such as Saga.

There are several advantages when staking your SAGA tokens with Stakin, such as:

  • Triple AAA-rated institutional staking provider by Staking Rewards

  • ISO 27001 certified staking provider

  • Tracking dashboard, to easily track and generate reports for the performance of your staked assets

  • Reliable infrastructure - We distribute our servers across various geographical locations and partner with premier bare metal and cloud providers

  • Dedicated support for all your staking, unstaking, and network-related questions

  • Institutional grade SLAs with uptime and slashing guarantees

What kind of institutional services does Stakin offer for SAGA Staking?

As an institutional-grade Saga node operator, Stakin has a full range of staking services and advantages to cater to the needs of enterprises and investors, such as asset managers, company treasuries, exchanges, VCs and hedge funds, wallets, custodians, and liquid staking services.

  • Institutional grade SLAs with 99.5%+ uptime guarantees and slashing guarantees

  • Integration with custodians, such as Fireblocks (via raw signing)

  • Dedicated Account Manager to answer all your technical and commercial questions

  • Information about potential airdrops that you may be eligible for by staking with us so that stakers can maximize your staking yield

  • Custom integrations and solutions such as custom performance reporting via API or CSV with the possibility to match your backend requirements

  • Whitelabel and dedicated nodes with dedicated infrastructure which can be deployed in your preferred region to fit decentralization or compliance needs

  • Automated commission and reward management with clear reporting

  • 24/7 monitoring and alerting with a private dashboard for dedicated and whitelabel nodes

  • Free premium access to Stakin Dashboard which includes staking data visualization across any validator and premium historical data features (on selected networks)

Looking to stake more than 500,000 SAGA?

Get in touch with us to learn more about our offerings.

Have more questions?

Contact us through:

For institutional investors, Stakin has partnered with leading custodian providers.

We can help you navigate your questions concerning staking, security, and risk management.

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