Saga is a cutting-edge Layer 1 protocol designed for developers who want to create independent chains, or "Chainlets," that are both VM-agnostic and interoperable. These Chainlets are parallelized, allowing for infinite horizontal scalability. Each Chainlet is a perfect replica of the Saga Mainnet, meaning that they have the same security model and validator set.
Saga leverages dedicated chainlets, shared security, Cosmos ecosystem, validator orchestration tools, and a token mechanism design to provide a scalable and user-friendly solution. Saga's standout features include the ability to automatically deploy application-specific blockchains, shared security to protect chainlets, and validator orchestration tools to simplify the management of chainlets. Additionally, Saga serves as a scalability layer for Web3 infrastructure and initially focuses on gaming and entertainment while also supporting DeFi applications.
SAGA has a total supply of 1,002,792,846. The current circulating supply of SAGA is 90,000,000.
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