Saga Vault 6 Distribution Complete, Vault 7 Snapshot Taken: What’s Next for Stakers?

Vault 6 rewards were distributed on November 1, and the Vault 7 snapshot was taken on November 5. Learn how to maximize rewards with Saga’s loyalty program.

Updates

Nov 12, 2024

0 min read

Saga has continued its rapid vault rollout, with two key events happening within the past week. Vault 6 rewards were distributed on November 1, and shortly after, on November 5, the snapshot for Vault 7 was taken at block height 3,186,745. These developments reflect the increasing pace of Saga’s reward cycles, offering more frequent opportunities for stakers to earn rewards and grow their $SAGA holdings.

If you’ve been staking or are considering it, here’s what you need to know to stay ahead and make the most of Saga’s loyalty program:

Vault 6 Distribution and Vault 7 Snapshot

Vault 6 marked another successful round in Saga’s loyalty rewards program, with distributions finalized on November 1. This was quickly followed by the Vault 7 snapshot on November 5, signaling the start of the next rewards cycle.

As Saga accelerates its vault cycles, participants need to be proactive. The faster pace means more chances to earn rewards, but also a shorter window to stake and stay eligible for the next snapshot. Timely staking is crucial to maximize your benefits in this evolving ecosystem.

Maximize Rewards with the 4X Loyalty Bonus

One of the most powerful incentives in Saga’s reward program is the 4X loyalty bonus. Participants who stake 100% of their rewards from Vault 7 will unlock this bonus in the next distribution cycle, significantly boosting their earnings. This reward structure encourages stakers to remain fully committed, benefiting those who consistently reinvest their rewards.

Accident Forgiveness - A Second Chance for Loyalty

Saga’s recently introduced Accident Forgiveness feature provides flexibility for stakers who may have missed a snapshot. If you didn’t meet the staking requirements in a previous round, you can restore your loyalty status by staking 100% of what you would have staked in the missed vault.

This feature ensures that one slip-up doesn’t cost you the valuable loyalty bonuses.

Faster Vault Cycles

Saga’s vaults are now rolling out faster than before, meaning the window to stake and qualify for rewards is shrinking. This increased pace benefits active participants who stay engaged and fully staked.

For those new to staking, this is the perfect time to get involved. By staking early and fully, you can immediately start building your loyalty status and position yourself for the next round of rewards.

Stake with Stakecito

We invite you to stake your $SAGA with Stakecito and provide an easy way to do so on our website.

——————————————————

About Stakecito Labs

At Stakecito Labs, we've honed our craft as validators. Our reputation as the third-largest validator by delegation count within the Cosmos ecosystem speaks to our unwavering dedication and the trust placed in us by over 270,000 delegators worldwide.

Our validation services are not just about maintaining Cosmos blockchain networks though; we validate networks outside of Cosmos as well (NEAR, Aleph Zero, etc.).

Our core mission is centered on demystifying blockchain technology to ensure it's accessible for everyone, from newcomers to seasoned investors. To begin staking, visit our homepage.

Stake with Stakecito | Follow us on Twitter | Subscribe to Our YouTube | Governance

——————————————————