Binance Research Report: Saga (SAGA) has a total supply of 1 billion tokens, with 15.5% allocated for airdrops

ChainCatcher news, according to a Binance research report, the initial supply of the Cosmos ecosystem scalability protocol Saga (SAGA) is 1 billion tokens, with a total circulation of approximately 90 million tokens at TGE (accounting for 9% of the initial total supply of the token).

In terms of token distribution, airdrops account for 15.5%, Binance Launchpool accounts for 4.5%, ecosystem and development funds account for 30%, foundation reserves account for 10%, core contributors account for 20%, and investors account for 20%.

So far, Saga has raised $15 million. Investors include Placeholder, Maven11, Longhash, Samsung, Com2uS, Polygon, Merit Circle, Figment, and Chorus One.