- Saga, a blockchain platform with a focus on gaming, has recently launched its mainnet and token, attracting attention with its play-to-airdrop campaign and rewards for DeFi stakers.
- The platform is now launching its next campaign, the “Power-Level Over 9,000” airdrop, in partnership with over 100 projects across various chains.
- Saga has already taken the first snapshot of SAGA token stakers for the initial wave of reward “vaults” that will be sent to eligible users.
Saga, a gaming-focused blockchain platform, is launching its next campaign, the “Power-Level Over 9,000” airdrop, in partnership with over 100 projects. This follows the successful launch of its mainnet and token, which included a play-to-airdrop campaign and rewards for DeFi stakers.
Saga’s “Power-Level Over 9,000” Airdrop Campaign
Saga’s new campaign, named after a popular internet meme from “Dragon Ball Z”, was first revealed in April. The campaign will distribute bundles of crypto tokens and NFTs from partner projects to SAGA holders who stake their tokens within the network. On April 26, Saga took the first snapshot of SAGA token stakers for the initial wave of reward “vaults” that will be sent to eligible users. The network will ultimately award 3 million SAGA—some $10.2 million worth at the current price of $3.40—to wallets that meet the criteria.
Eligibility and Distribution of Rewards
Any SAGA user who staked more than 101 SAGA (over $340 worth at current price), or anyone who staked at least 95% of their SAGA genesis airdrop from the April 9 mainnet launch, will earn a share of the rewards. Genesis airdrop recipients who staked at least 95% of the initial drop will also get a 4x “loyalty bonus” for holding and staking their tokens. The distribution of these initial “vaults” of token rewards is yet to be announced, but the network’s team added that a claims page will be opened roughly one week ahead of the distribution.
Future Plans and Partnerships
According to SAGA, more than 30 million tokens went unclaimed from the genesis airdrop, so this first vault drop represents approximately 10% of the remaining stash that will now be used for incentives. Another 110 million network tokens have been allocated for airdrops and rewards. Saga has also announced partnerships with over 100 projects across chains to contribute tokens and NFTs for future drops. These include the Avalanche-based first-person shooter Shrapnel, as well as Ethereum games The Sandbox and Wilder World.
Conclusion
Saga’s focus on gaming and its innovative approach to incentivizing user participation has set it apart in the blockchain space. With its new airdrop campaign and partnerships with over 100 projects, the platform is poised to continue its growth and expansion. The success of these initiatives will likely depend on the continued interest and participation of its user base, as well as the ongoing development and success of its partner projects.