Binance, the world’s largest cryptocurrency exchange, announced the new Launchpool project.

According to the announcement made by the exchange, the 51st Launchpool will be held for the Saga (SAGA) project.

Users will be able to earn SAGA token by staking their BNB and FDUSD for four days. This process, called “Farming”, will start on 5 April at 00:00 (UTC).

SAGA will be listed on Binance on 9 April at 14:00 UTC after the Launchpool is completed. Token; SAGA/BTC, SAGA/USDT, SAGA/FDUSD and SAGA/TRY can be traded with trading pairs.

4.5% of SAGA’s maximum supply of 1 billion units was allocated to Launchpool. This corresponds to 45 million SAGA. There will be 90 million SAGA in circulation in the first place.

Saga is a Layer 1 protocol designed for developers and facilitates the process of creating an application-specific blockchain. Samsung NEXT, Placeholder, GSR and Polygon Studios are among the investors of Saga, which has received an investment of $ 13.5 million in its rounds to date.