Cryptocurrencies: 2757 / Markets: 20334 Market Cap: 24h Vol:
SAGA (SGA) Rank 2171
$1.380979
SAGA (SGA) Rank 2171
Website Twitter
0 SGA

SAGA (SGA)
SAGA (SGA)
SGA

SAGA (SGA) Price
$1.38

SAGA (SGA) 24h Vol
$25,314

SAGA (SGA) Market Cap
$0

SAGA (SGA) Circulating
0

Full Name
SAGA (SGA)
Symbol
SGA
Algorithm
ETH Token
BTC Price
0.00015955 BTC
BTC Market
0 BTC
BTC 24h Vol
3 BTC
Total Coins Mined
0 SGA
1h
-0.04 %
24h
-0.73 %
7d
0.00 %
Twitter
Facebook

Description

Description


SAGA is a stabilised currency that is not pegged to a single currency, and it is backed by a reserve that utilises the International Monetary Fund (IMF) as its unit of account. The reserve is held in a regulated financial institution where gathers interest to be paid out to the SAGA token holders. Regarding the reserve backing model it is variable starting with 100% backing in special drawing rights and decreasing gradually as its economy increase and market trust is demonstrated. The reduced backing is showed in price appreciation.

Interesting facts about SAGA are SAGA raised $30 Million making them one of the top 3 funded pre-launch stable coins and the price appreciation mechanism that allows the currency to evolve its intrinsic value while breaking the volatility.

Full Name SAGA (SGA)
Start Date 2018-01-06
Algorithm ETH Token
Proof Type N/A
Website https://www.saga.org/
Twitter @sagafoundation
Facebook https://www.facebook.com/sagafoundation/
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer