Saga: The Next Project Airdropping Rewards for Former ATOM and TIA Stakers
Continuing a series of recent noteworthy airdrop projects, Saga has also announced rewards for users who previously staked ATOM and TIA on their network.
In a series of tweets announcing the airdrop, Saga expressed gratitude to those who supported the Cosmos ecosystem (where this project initially laid its foundations).
3/ $ATOM Community Overview! ⚛️
— Saga ⛋ (@Sagaxyz__) January 4, 2024
Saga recognizes and appreciates the dedicated stakers within the ATOM community. @Cosmos is where Saga was born and provides much of the tech we utilize!
🔄 Methodology: Categorized into small, medium and large airdrops with a 5x multiplier.… pic.twitter.com/ejDXGGzPUA
Specifically, the snapshot phase for ATOM stake balances extended from April 20, 2023, to October 20, 2023. Additionally, users must meet the condition that the ATOM balance staked on the final day must be at least 25 ATOM and greater than on the first day of the snapshot period.
The amount of tokens users will receive as rewards will be distributed based on three tiers of ATOM stake balances:
- Low: 25 to 64 ATOM
- Medium: 64 to 188 ATOM
- High: above 188 ATOM
Staking forms from other communities are also rewarded, including:
- Celestia (minimum 23 TIA)
- Polygon (minimum 300 MATIC or any bridged amount above 0.4 ETH on zkEVM bridge)
- AVAX (no minimum limit)
Saga is a Layer-1 network providing tools for projects to independently develop their own chain with a parallel execution structure.
In this very week, another project has also begun an airdrop campaign for users who previously staked ATOM or TIA, called Dymension.
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