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$wPSC Tokenomics

2 min readMar 31, 2025

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The chart laying out the tokenomics, vesting, and distribution schedule for $wPSC.

SagaChain has been an enterprise blockchain solution since its inception, and running enterprise level daily transactions takes a lot of coin to pay for the transaction fees.

The goal of the $wPSC token is to create and start distributing the coin into the ecosystem so we have enough circulating supply for those enterprise transactions.

$wPSC will be released according to the vesting schedule above.

  • *38% of the $wPSC supply is returned to the community
  • 9.75% APY on current locked SagaCoin
  • 12% stake reward
  • Mining rewards for public TestNet nodes

The $wPSC is being released to get the coin into the wallets and have opportunity for liquidity or earn a respectable yield until mainnet and native coin listing.

The Release:

In 2021 the project plan was to release an ERC20 version of SagaCoin as we built to mainnet. We had to make a change based on risking a classification of security by FINMA in Switzerland.

With the exception of mint change from 8.1BN to 2.3BN SagaCoin for public testnet with the 250 paid nodes, the tokenomics are 2021/22 plan to launch has now initiated.

The launch of sagascan.prasaga.com is what allows us to list a wrapped version of $PSC.

The $wPSC will be the first 2 years minting of the native tokenomics and satisfies all TPA terms for both rounds (Node APR will come from native supply). It was minted in a single event and will be distributed based on the above emissions schedule.

In order to incentivize new holders to participate, the $wPSC carries the right to earn a 12% annual Stake reward (1-year lock) and can be transferred until it is placed into the staking smart contract, it will be locked for 1 year and the reward given to the wallet the transferred it.

On conversion of the $wPSC > $PSC, a 12% Bridge reward will be deposited to the SagaChain account that transferred it.

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