Get Ready For The Saga Airdrop On Blockchain—Are You Eligible?

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Continuing a series of noteworthy airdrop projects, Saga has announced rewards for users who participated in staking ATOM and TIA on the network.

Saga is the next project to airdrop to users who have staked ATOM and TIA

In a series of airdrop announcement tweets, Saga stated its gratitude towards those supporting the Cosmos ecosystem, where the project laid its initial foundations.

Specifically, the ATOM balance snapshot phase for staking extended from April 20, 2023, to October 20, 2023. Additionally, users needed to meet conditions: the final-day staked ATOM balance must exceed 25 ATOM and be higher than the starting balance during the snapshot period.

The amount of tokens that users will be rewarded will also be divided into 3 tiers based on the amount of ATOM staked:

  • Low: 25 to 64 ATOM
  • Medium: 64 to 188 ATOM
  • High: over 188 ATOM

Other community-driven staking methods are also eligible for rewards, including:

  • Celestia (minimum 23 TIA)
  • Polygon (minimum 300 MATIC or each bridge above 0.4 ETH on zkEVM bridge)
  • AVAX (no minimum quantity limit)

Saga is a Layer-1 network that offers toolsets for projects to autonomously develop their own chains following a Parallel Execution structure.

Just this week, another project, Dymension, has kicked off an airdrop campaign for users who have previously staked ATOM or TIA.

We hope this information will help you in your investment process, but this is not investment advice. Every investment carries risk, especially in this industry, so DYOR before making a decision.

ABOUT THE AUTHOR

Lee A
Editor-in-Chief
Matt is a Certified Financial Planner® and investment advisor based in Columbia, South Carolina. He writes personal finance and investment advice for The Ascent and its parent company The Motley Fool, with more than 4,500 published articles and a 2017 SABEW Best in Business award. Matt writes a weekly investment column ("Ask a Fool") that is syndicated in USA Today, and his work has been regularly featured on CNBC, Fox Business, MSN Money, and many other major outlets. He’s a graduate of the University of South Carolina and Nova Southeastern University, and holds a graduate certificate in financial planning from Florida State University.

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