1. Strategic Partnership for Mobile-Blockchain Integration
2. Strengthening the Mobile x Web3 Hub
3. Statement of Intentions by Solana Foundation

Saga Mobile, in collaboration with Phase Labs and the Solana Foundation, has announced the launch of a new validator on the Solana network. This event aims to further integrate mobile technology with decentralized finance (DeFi) and blockchain solutions.

Strategic Partnership for Mobile-Blockchain Integration

The introduction of this validator marks a significant step in enhancing the security, decentralization, and scalability of the Solana network. To launch the validator and join the Solana network, Saga Mobile must meet requirements from the Solana Foundation’s Delegation Program.

Strengthening the Mobile x Web3 Hub

By launching this validator, Saga Mobile is not just participating in the Solana network but also reinforcing its commitment to advancing the integration of mobile technology with Web3 solutions. This initiative aligns with the broader vision of creating a decentralized, user-centric mobile ecosystem that leverages blockchain technology.

Statement of Intentions by Solana Foundation

According to the delegation program, Saga Mobile must: 1. Stake 100 SOL, the native cryptocurrency of the Solana network. This initial stake is a prerequisite for applying to the Delegation Program. 2. Secure approximately 30,000 SOL from the Delegation Program upon approval. This staking allocation allows the validator to begin operations. 3. Have the opportunity to receive a matched stake of up to 100,000 SOL, further bolstering its validator position.

These steps highlight the importance of the new validator for integrating mobile technology and blockchain solutions, contributing to the security and stability of the Solana network.