Review on Saga by LUIS RIVERO R
Tokenize the value of multiple currencies.
This project was renamed Sogur on September 9, according to official data and in this way it was also changed to the contract address.
This asset is backed by mixed reserves in fiat money and cryptocurrencies that according to official information is fully verifiable. That's where his philosophy is based on the stability that he can offer to cryptocurrency investors by moving away from the current market volatility service.
The development team is verified, especially with a proven profile in financial areas.
It should be noted that it is not a stable currency but rather an asset that allows you to increase your investment, since it is not tied to a Stablecoin. so its value will never be tied to a specific fiat currency.
All control of this asset depends on the community that supports it, since it has a decentralized government.
In general, this is a currency backed using a complementary basket of currencies, it is not tied to the dollar.
ο»Ώ
Pros
- This asset reduces the risk of volatility.
- It has different business partners.
- Compatible with any ethereum ERC-20 wallet.
- It is backed by multiple currencies.
Cons
- It is little known.
- It is still listed on a few exchanges.
