The total supply of SAGA is 1 billion, and the airdrop accounts for 15.50%

According to a research report recently released by Binance, the total supply of Saga's native utility token SAGA is 1 billion, and the total circulating supply of TGE is about 90 million (accounting for 9% of the total initial token supply). In terms of token distribution, airdrops account for 15.50%, Binance Launchpool accounts for 4.50%, the ecosystem and development fund accounts for 30.00%, the foundation reserve accounts for 10.00%, the core contributors account for 20.00%, and the investors account for 20.00%. Note: The ecosystem and development fund and the foundation reserve will continue to be unlocked after April 2031. About 6.1% of the initial total supply is reserved for potential future fundraising activities. According to reports, SAGA is used for the following functions: -Chainlets payment: Developers pay network validators SAGA tokens to instantiate and keep their Chainlets alive. -Staking: Stakers help protect the network and receive SAGA tokens and tokens of projects built on the Saga protocol as rewards. -Governance: SAGA token holders will be able to vote on network governance decisions.