School Boy Error - I Missed The Saga Power Level Over 9000 Vault One
Saga is a platform solution that automates the launching of dedicated blockspace, such as Cosmos appchains, Celestia Rollups, Polygon CDK chains and Avalanche Subnets. This made me give more attention to the Cosmos ecosystem, and dive even more into uncharted worlds.
I was eligible for 1050 $SAGA tokens, ticking the boxes for the Polygon and Celestia loyalty campaign. I've completed the $TIA token holder first and got 50 tokens allocation, and then got surprised when I've seen I will be getting one thousand more for being a $MATIC staker. I am staking them since 2021 and probably got an insane multiplier!
The Saga “Power-Level Over 9000” Airdrop campaign will reward $SAGA stakers post-mainnet launch. The first snapshot was taken in April and the claim period was only one week... so I forgot to claim!
The strategy is simple and efficient! Saga will use airdrops as a tool for community growth and platform promotion, as the campaign will distribute various project tokens and NFTs to $SAGA stakers through "vaults" over several months. Sounds like a top plan for genuine growth!
The eligibility for airdrops requires staking $SAGA, with periodic snapshots determining eligibility for each drop. Specific stake tiering criteria will be established in partnership with participating projects, so volume or period of time may come handy and bring some multipliers.
There are over 100 projects and games collaborating for the campaign, with a significant contribution from Saga's Chainlets. The chainlets are are gaming entities with their tokens and NFT collections. This whole idea wants to set a new standard for rewarding community engagement through staking.
The partners span diverse ecosystems, including Ethereum, Solana, Cosmos, Polygon, and Avalanche. This could be huge! Hopefully the claim periods will be longer, or the rewards will be sent straight to our wallets!
So what happened so far? The Saga mainnet was launched, marking the beginning of a new chapter for the community. The first airdrop was sent and I was thrilled to see that my 1050 $SAGA were valued at $7500 upon distribution. It dumped quickly and now I hope that Power-Level Over 9000 would make me forget about the missing opportunity.
The price started to go downhill faster than memecoins on Solana, and now airdrop allocation is valued thousands less. I decided to HODL all, as it's too late now and will not dump a good asset at such a low price. However, the Saga vision and roadmap will bring a cascade of other airdrops.
When the price will pump, I can withdraw one stash and take some profits. The unstaking takes 21 days, which makes my forecast more difficult. Thank you Saga for this ... and I guarantee that my loyalty is strong! More airdrops will follow... and Saga will keep on giving!
The “Power-Level Over 9000” airdrop campaign is Saga's first major post-launch initiative . This campaign is set to redefine the landscape of airdrops in the crypto sphere, delivering a sense of anticipation and excitement to our dedicated $SAGA token stakers and cementing Saga as the home for web3 gaming go-to-market.
All $SAGA holders who stake their tokens will be rewarded through continuous periodic airdrops over the coming months. Sounds great! With so many airdrops to distributed, they were grouped into “vaults” and the amount of each drop is completely at the discretion of the participating projects.
Saga will be the "milkman who will bring the bottles at your doorsteps"! You have to open the door and take the milk in the fridge ... or you're gonna miss it! Saga will provide the platform through which the drops are executed and will provide periodic snapshots of $SAGA stakers to the projects.
Embrace the Power of the “Over 9000” Airdrop Campaign! I didn't! I missed claiming another stash of $SAGA but... this is just the beginning! Feeling sorry? Obviously!
The 1st Saga Vault rewarded any staker who staked more than 101 $SAGA, so I was eligible! Had staked all my allocation from the genesis drop but split it up! Missed the multiplier but missed the claim as well so no drama!
The little fishes were also rewarded if they staked 95% or more of their Genesis drop, plus a 4x multiplier! I feel like crying for somehow missing the claim week! I said it was short but bro... PVM is online 24/7 so how did I miss it? No idea!
The $SAGA distribution was proportional with the staked amount, and the eligible people shared 3,000,000 tokens. The amount was 10% of the unclaimed genesis airdrop and a big batch of $SAGA remains available for other distributions.
This makes me feel better as over 80% of the Genesis was claimed and distributed! So I've done a simulation that will make me feel less sad, and I will lie that it doesn't matter. My genesis allocation was 1050 $SAGA, and if 10% of what was unclaimed was shared ... my Vault One allocation would have been probably a maximum of 21.25 $SAGA!
How I've done my fake calculation? I divided the amount by five for an estimated share if all the unclaimed $SAGA was shared, then divided again by ten as only 10% of that was distributed. Saga at the time of writing was $2.80 so I only missed on $60 or less. Not that heart-broken!
However, I do like the way they are rewarding loyal $SAGA stakers and engaging participants within the ecosystem. This method is cultivating a strong community of Web3 gamers. Future Vaults' eligibility may adapt based on community behavior, reinforcing active and collaborative participation.
tl;dr and general framework:
- The Over 9000 airdrop will be conducted through a series of “Vaults", with the aim of distributing the unclaimed portion of $SAGA tokens from the initial airdrops
- Vaults will be the main mechanism for dispersing airdrops. This includes ecosystem partners and $SAGA Tokens we had previously indicated would be distributed through “seasons.”
- The Vaults Execution will follow the same patter: snapshot, announcement, opening and closing the claim and dispersion.
Stay tuned for more updates and get ready to participate in this exciting opportunity to earn $SAGA tokens and partner airdrops. We look forward to sharing this journey with our community and rewarding those who have been with us every step of the way. Thank you for your continued support and enthusiasm for Saga.
The Vault Two Snapshot was taken and I am now checking the claim page on a daily basis! Don't want to miss another airdrop! Patiently waiting for "coming soon" to change into "claim"!
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