What is Saga?

Saga is a modular blockchain platform designed for developers. Its goal is to make Web3 development as simple as building a website.

Unlike traditional smart contract platforms, Saga no longer squeezes all DApps onto one chain, but deploys a dedicated 'Chainlet' for each application to improve performance, reduce costs, and make it easier to scale.

You can think of Saga as the "AWS of the blockchain world", allowing every Web3 project to deploy their own "exclusive chain" with just one click.

2. Chainlet Model: The modular new paradigm of Web3

Chainlet is the core technology of Saga. Each Chainlet is an independently running blockchain with dedicated computing resources and network validators.

Its main features include:

• Exclusive performanceNot competing with other projects for block space;

• Highly customizableSupports different virtual machines such as EVM, CosmWasm, SolanaVM, etc.

• On-demand scaling: When the traffic is high, you can deploy multiple Chainlets;

• Developer friendlyAs simple as deploying smart contracts, one-click completion.

Chainlet allows developers to focus on products and user experience without worrying about the underlying technology.

3. Pegasus Upgrade: More Secure, More Decentralized

Saga released a major upgrade in 2024 -PegasusBringing the following three core improvements to the platform:

1. $SAGA Staking Mechanism Online
   Users can stake tokens to participate in network security construction and receive rewards.

2. Introduction of Shared Security Mechanism (CCV)
   All Chainlets automatically inherit the security of the main chain without the need to recruit validators separately.

3. Validator network decentralization
   External validators can join the running platform chain or Chainlet to improve network stability.

These updates provide Saga Chain with a shared security experience similar to Cosmos Hub.

4. Saga's token economy and market performance

Token Distribution

Token Usage

• Security GuaranteeStaking $SAGA can maintain network security, and validators who violate the rules will be penalized;

• Pay Chain FeeUsing the 'Musical Chairs' mechanism, bidding determines the transaction fee price for each round of Chainlet.

• Flexible chain fee paymentDevelopers can use stablecoins and other payment methods, which will be automatically converted to $SAGA in the background.

Market performance

On May 9, 2025, the market price of $SAGA is about $0.32, and it has risen rapidly recently. Investment needs to pay attention to price fluctuations and risk management.

5. The ecological potential and prospects of Saga

Saga integrates the technical advantages of modular blockchain and multi-chain interoperability, with its development potential reflected in:

• Advanced technology: Based on Cosmos-SDK, supporting IBC protocol;

• Low thresholdSuitable for developers to quickly get started;

• Highly scalableSupports multiple virtual machines and on-chain logic;

• Extensive ecological cooperation: Already connected with Ethereum, Celestia, Polygon and other projects.

With the rise of emerging fields such as AI, DePIN, Agent, etc., Saga's automated chain deployment model will become a popular choice for high-performance DApps.

6. Summary: Why pay attention to Saga?

Saga's Chainlet model is reshaping the landscape of Web3 infrastructure. It not only lowers the development threshold but also provides a realistic path for the large-scale landing of application chains through shared security and multi-chain support.

If you are paying attention to the development trends of Web3 infrastructure, Saga is an important project that you cannot ignore.