Saga Mainnet 2.0 Debuts: Redefining Blockchain Economics

Saga, the Layer 1 blockchain protocol known for launching other Layer 1s, has unveiled its Mainnet 2.0, paving the way for a major shift in liquidity management across the blockchain world.

As the number of independent blockchains grows, managing liquidity and cross-chain operations has become a major challenge. Saga’s latest upgrade sets the stage for the Q1 2025 launch of its Liquidity Integration Layer (LiL), designed to create a unified liquidity environment across multiple blockchain ecosystems.

LiL will integrate a unique token economic model that automates bridging and routing transactions while eliminating gas fees for users of DeFi products on Saga. This promises to solve some of the biggest pain points in the crypto space.

Uniswap v3 Launches on Saga Chainlet

Uniswap v3, the top decentralized exchange (DEX), has made history by deploying on Saga’s multichain protocol. This marks its first-ever app chain launch.

Running on a Saga Chainlet, Uniswap v3 will offer a gasless trading experience, removing one of the main obstacles to wider crypto adoption. This move highlights Saga’s innovative economic model aimed at making DeFi accessible to everyone.

Saga’s Liquidity Integration Layer will also enable seamless and automated asset transfers between ecosystems, further enhancing Uniswap’s usability.

Transforming Blockchain Usability

“Blockchain’s promise of financial accessibility has been limited by fragmented liquidity and high gas fees,” said Rebecca Liao, Co-Founder and CEO of Saga.

“Users currently deal with complex bridges, multiple tokens, and unpredictable fees just to perform basic tasks. With Mainnet 2.0 and our Liquidity Integration Layer, we’re creating a unified system where liquidity flows easily, users don’t pay gas fees, and developers have the freedom to innovate.”

Joe Bjornsen, Head of Uniswap Growth Program, echoed this sentiment: “Deploying on Saga marks a strategic leap for Uniswap. It allows us to explore new opportunities in multichain environments that have long struggled with liquidity fragmentation.

This integration brings us closer to making decentralized trading accessible to everyone and unlocks new possibilities for DeFi’s future.