Saga has officially opened Vault Seven's Airdrop Claim, the latest installment in its Power Level Over 9000 campaign. Designed to reward loyal $SAGA stakers, this vault offers a streamlined opportunity for participants to grow their holdings and deepen their commitment to the Saga ecosystem. With a 7-day claim window, time is of the essence for those looking to capitalize on this round of rewards.
A Loyalty-Based Reward System
Vault Seven builds on Saga’s tiered Loyalty Level system, which aims to reward consistent staking. Loyalty levels are determined by a wallet’s staking activity across the last four vaults, with higher levels receiving larger reward multipliers. This approach ensures that participants who maintain or increase their stake over time are recognized and rewarded proportionally.
Loyalty Level 4
Loyalty Level 4 is the highest tier, reserved for participants who have remained loyal across three consecutive vaults. These wallets receive a significant boost in rewards, including a 4x multiplier on their Vault 4 stake, 2x on Vault 5, and 1x each for Vaults 6 and 7, totalling an 8X multiplier.
Loyalty Level 3
Loyalty Level 3 applies to wallets loyal for two consecutive vaults, offering a 2x multiplier for Vault 5 and 1x each for Vaults 6 and 7, totalling a 4X multiplier.
Loyalty Level 2
Loyalty Level 2 is for those who have been loyal for one vault, with 1x multipliers for both Vault 6 and Vault 7 - summing up to a 2X multiplier.
Loyalty Level 1
Loyalty Level 1 welcomes new participants who increased their stake between Vault 6 and Vault 7 and have staked at least 15 $SAGA, granting them a 1x multiplier for Vault 7.
Loyalty Level 0
Finally, Loyalty Level 0 applies to wallets that received Vault 6 rewards but did not stake for Vault 7. These participants receive no rewards this time but can rebuild their loyalty by increasing their stake in future vaults.
Accident Forgiveness
Understanding that even the most committed participants might miss a snapshot, Saga has introduced Accident Forgiveness. This feature allows users who missed a vault to restore their loyalty by staking 100% of their last airdrop. Accident Forgiveness can be used only once in the last four vaults, providing stakers with a simple path to regain their standing without penalties or resets.
2 Million $SAGA Tokens in Vault 7
Vault 7 offers a total pool of 2 million $SAGA tokens, distributed proportionally based on Loyalty Scores. These scores are calculated using the multipliers associated with each loyalty level. The more consistently a participant stakes, the higher their score and the larger their share of the rewards.
Don’t Miss the 7-Day Claim Window
With the Vault 7 claim window now open, stakers have just 7 days to secure their rewards. Visit claim.airdrop.saga.xyz to claim your SAGA today.
And of course, we at Stakecito invite you to come stake your SAGA with us!
——————————————————
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
——————————————————
