Saga is a protocol that provides blockchain development services for decentralized applications. Let’s dive right in and learn more in this article! What is Saga (SAGA)? Saga Protocol is a venture that offers blockchain construction services for applications. Essentially, Saga functions as a blockchain platform designed to introduce additional blockchains, known as “Chainlets,” within the Saga ecosystem. These Chainlets are safeguarded by Saga validators through a process called Interchain Security, which is a collaborative security system derived from Cosmos. The concept of Interchain Security involves one blockchain serving as a security provider for others, specifically Chainlets in this scenario. As a result, Chainlets are able to leverage the advantages of operating a Cosmos SDK application while relying on Saga validators for block validation. Solution for Building VM-Compatible Blockchains Saga is presenting a specialized system for deploying blockchain that is user-friendly, decentralized, and secure. This system allows developers to have control over selecting their desired virtual machine, starting with support for the Ethereum Virtual Machine (EVM). In the future, Chainlet is striving to be compatible with multiple virtual machines, giving developers the freedom to select from different options such as EVM, CosmWasm, or Javascript VM. Chainlet Launching Process Launching a Chainlet on Saga does not require permission, unlike on Cosmos Hub. Developers simply need to possess SAGA tokens to cover the expenses of setting up and maintaining their Chainlet. This process is akin to services offered by platforms like Amazon Web Services and other SaaS providers, with the distinction that the subscription fee for creating and managing a Chainlet is paid in SAGA tokens. Once the fee is paid, validators are responsible for establishing and overseeing the infrastructure of the Chainlet, similar to how validators on Cosmos Hub manage app chain infrastructure. To launch a Chainlet, developers must allocate funds to an escrow account using SAGA tokens. This escrow account can be funded with any desired amount and serves as a prepaid service to handle expenses related to the Chainlet. If the prepaid fee runs out, the Chainlet will become inactive until the developer deposits more SAGA into the account. The fee is calculated per epoch, with each epoch lasting approximately one day. There are different methods to fund your margin account with SAGA tokens:

• Deposit money directly into your account with SAGA tokens
• Stake SAGA to an escrow account to pay fees through staking rewards
• Allows sponsors, community, and DAOs to pay fees

The fee required to participate in Chainlet is set by the validator prior to the start of each new day-long epoch. Validators each submit a proposal for the fee they wish to receive for their services, which are then locked in and chosen through a bidding process known as the “Musical Chair Auction”. Musical Chair Auction – Model for determining Chainlet operating costs The Musical Chair Auction is a method used to determine a standard price for carrying out Chainlet operations. In this auction, validators submit their bids, and only a select group with the lowest bids, known as the “Winning Set”, are chosen to operate the Chainlet. Validators with higher bids are categorized as the “Losing Set”. The cost of operating a Chainlet is established by the highest bid within the Winning Set. This means that the validator with the highest bid in the Winning Set will be paid their desired price, while other validators not only secure their desired price but also earn a profit based on their bid. Thus, the price paid by developers to validators for operating a Chainlet is based on the highest bid in the Winning Set, along with an additional profit. This profit ensures that all validators in the Winning Set receive a fair compensation for the services they provide to developers in running the Chainlet. Musical Chair Auction. Source Chorus One On the other hand, Musical Chair Auction poses potential risks for validators. This system aims to motivate validators to submit the most competitive bids, with rewards for validators in Winning Sets and consequences for validators in Losing Sets. Tokenomics of SAGA Token Name: Saga (SAGA)
Max Token Supply: 1,000,000,000 SAGA Saga and Chainlet introduce a new token structure with transaction fees to be paid by end users to Chainlet developers; Developers will then pay gas fees to Saga Mainnet. This gives a high degree of flexibility to Chainlet and its development team in determining how end-user transaction fee funds are used. In a Chainlet, gas fees can be paid with SAGA tokens or other tokens such as ETH or USDC. SAGA team

• Rebecca Liao – (CEO): Previously, she was Co-founder and held the CEO position at Skuchain, she brought Skuchain to annual sales of over 5 billion USD. Currently, Rebecca is an Advisor to Sommelier Protocol, responsible for designing the DAO to optimize governance, develop the platform, and ensure regulatory compliance.
• Jacob McDorman – (CTO): He is an entrepreneur and researcher with over a decade of experience in product development. He has a vision and practical approach, having worked as a business founder, entrepreneur, development studio owner and consultant.
• Jin Kwon – (CSO): He has contributed to the Cosmos ecosystem since 2018 and currently holds many important positions at Tendermint. He has a multidisciplinary background in engineering, sales, marketing and finance, and wants to see web3 technology widely integrated into everyday life.
• Bogdan Alexandrescu (Vice President, Engineering): He is a technology expert and industry leader with experience in many fields, from technology to fintech and business consulting. Before joining Saga, he had a notable career at Apple Inc and worked on large-scale, machine learning and artificial intelligence projects.

Rebecca Liao is CEO of Saga. Investors Saga has successfully secured 13.5 million USD in total through 3 rounds of seed funding. Investment funds and organizations such as placeholder, Samsung Next, GSR, Longhash Ventures, Maven11, and Hypersphere have all contributed to these capital calls. Conclusion Saga is a Layer 1 protocol that developers allow to automatically spin up parallelized and interoperable dedicated chains that elastically scale with their Web3 application needs. Through this article, you probably have some basic information about the project to make your own investment decision. You can currently earn SAGA tokens through Binance Launchpool by staking BNB or FUSD.

Have you ever wondered how to seamlessly integrate the Cosmos network into your MetaMask wallet? With the introduction of MetaMask Snaps, a new level of interoperability and integration has been unlocked, significantly expanding the boundaries of what’s possible. This article provides a step-by-step guide on how to add the Cosmos network to your MetaMask wallet using the Snap feature, giving you the power to leverage the Cosmos ecosystem right from your browser.  Can I Add Cosmos to MetaMask? Yes, you can add Cosmos to your MetaMask wallet using the MetaMask Snaps feature. MetaMask Snaps allows for the integration of non-Ethereum Virtual Machine (EVM) chains like Cosmos, making it easier to connect and interact with the Cosmos ecosystem directly through your MetaMask wallet How to Add Cosmos to MetaMask Snaps Adding Cosmos to your MetaMask wallet using MetaMask Snaps, is a simple, effective and secure process. This extension helps EVM-incompatible blockchains connect quickly without the need for manual setup or RPC debugging. This straightforward and speedy process allows you to take advantage of Cosmos’ robust infrastructure and interoperability. Here’s a 4-step guide to integrate Cosmos:

1. Go to the Metamask Snap page
2. Select to the Leap Cosmos Wallet Snap page 
3. Find the ‘Add to MetaMask’ button
4. Press the ‘Add to MetaMask’ button to start the integration process.
5. Adhere to the prompt guidelines on your MetaMask wallet to complete the secure setup process.

What is Cosmos? Cosmos is a blockchain network and suite of tools that aims to create a scalable and interoperable internet of blockchains. It addresses the lack of scalability and interoperability in the blockchain space, which has been a long-standing concern. Interoperability is the ability of a blockchain to interact and communicate with other blockchains, despite their differences. Cosmos enables communication between different blockchain networks, allowing them to create a Web3 infrastructure. The Cosmos ecosystem was founded in 2014 with the vision of creating an “internet of blockchains”. It offers a complete set of tools and technologies that simplify blockchain development and enable different networks to communicate with each other. Transact, Swap, Bridge, And Stake With The Leap Cosmos Wallet Snap With the Leap Cosmos Wallet Snap, you can perform various actions such as transacting, swapping, bridging, and staking. Here’s a breakdown of each functionality:

• Transacting:
  • The Leap Cosmos Wallet Snap allows you to send and receive ATOM (the native cryptocurrency of the Cosmos Network) and other supported tokens.
  • You can initiate transactions by specifying the recipient’s address, the amount to send, and any additional transaction details required.
  • Confirm the transaction and wait for it to be processed on the blockchain.
• Swapping:
  • The Leap Cosmos Wallet Snap enables you to swap tokens within the Cosmos ecosystem.
  • You can exchange one token for another by specifying the input and output tokens, along with the desired amount.
  • The swap functionality utilizes decentralized exchanges or liquidity pools to facilitate the token exchange.
• Bridging:
  • The Leap Cosmos Wallet Snap supports bridging assets between different chains within the Cosmos ecosystem.
  • You can transfer tokens from one chain to another by specifying the source and destination chains, along with the amount to be bridged.
  • The bridging process utilizes the Inter-Blockchain Communication (IBC) protocol to securely transfer assets across chains.
• Staking:
  • With the Leap Cosmos Wallet Snap, you can participate in the staking process and earn rewards for securing the Cosmos Network.
  • You can delegate your ATOM tokens to validators of your choice, contributing to the network’s security and consensus.
  • Staking rewards are distributed based on the amount of tokens staked and the validator’s performance.

It’s important to note that the specific steps and user interface for each functionality may vary within the Leap Cosmos Wallet Snap. It’s recommended to refer to the official Leap Cosmos documentation or guides for detailed instructions on how to perform these actions. Conclusion MetaMask Snaps pave the way for a secure and effortless Cosmos integration within your MetaMask wallet. These innovative plugins bridge the gap between MetaMask, primarily built for the Ethereum Virtual Machine (EVM), and non-EVM blockchains like Cosmos. By eliminating the need for manual configurations or complex RPC adjustments, Snaps streamline the process, allowing you to harness the full potential of Cosmos’s robust infrastructure and interoperability features with ease. This swift and user-friendly integration opens the door for you to seamlessly interact with Cosmos-based applications and manage your Cosmos assets directly through your trusted MetaMask interface. FAQ Which wallet supports Cosmos? There are several wallets that support Cosmos (ATOM) and its ecosystem. Here are some popular options:
– Ledger Nano X and Ledger Nano S Plus (Hardware Wallets) 
– Keplr Wallet
– Leap Wallet
– Cosmostation Wallet  What is the best cosmos chain wallet? Leap Wallet is one of the wallets that support Cosmos. It aims to add full support of Metamask by using the Cosmos Snap in the Metamask Snaps Directory. This wallet allows users to connect to the Cosmos Hub and stake their ATOM tokens for rewards. Investors can customize their Web3 experience and access various dApps by using the Cosmos protocol. Is The Leap Cosmos Wallet Snap Secure? Leap Cosmos Wallet claims that the MetaMask Snap, which they integrate with, is ‘extremely safe‘.  Leap Wallet is a non-custodial wallet, meaning that users have full control over their private keys and funds. This is generally considered a more secure option compared to custodial wallets, as it reduces the risk of funds being accessed or controlled by a third party. Can I send an atom to MetaMask wallet? Yes, you can send ATOM (the native cryptocurrency of the Cosmos Network) to your MetaMask wallet.  Does Trust wallet support Cosmos Network? Yes, Trust Wallet supports the Cosmos Network. Trust Wallet is a multi-cryptocurrency wallet that provides users with a secure and decentralized way to manage their digital assets.