What is SGR

What can I expect to use my SGR for in the future?
As the Sögur economy and network of users expand, SGR will have more intrinsic value, thus encouraging widespread adoption for commerce, payment services, r...
Tue, 8 Sep, 2020 at 11:10 PM
How is SGR different from other stablecoins?
Sögur is NOT a stablecoin, however it is backed by a reserve with a dynamic reserve ratio and corresponding reserve balance. The smart contract running ...
Tue, 8 Sep, 2020 at 11:17 PM
What differentiates SGR from other digital currencies?
Aside from being designed by some of the smartest minds in the world of finance (see our advisory board which includes Nobel laureates), SGR is an unprecede...
Tue, 8 Sep, 2020 at 11:23 PM
Can I see the status of Sögur's reserves?
Yes. The reserve is fully transparent. Daily reports of Sögur's reserve are displayed in our reserve attestation archive.
Tue, 8 Sep, 2020 at 11:25 PM
How long will it take for my transaction with Sögur's smart contract to complete?
Once your transaction is processed, the SGR is sent instantly. The time it takes for a transaction to be processed varies depending on the load of the Ether...
Tue, 8 Sep, 2020 at 11:26 PM
What is the Saga Genesis Token (SGN) and why does it exist?
The resources to build Sögur's core ecosystem are funded from proceeds raised by early supporters and contributors, who supported Sögur prior to the lau...
Tue, 8 Sep, 2020 at 11:30 PM
What makes SGR like a cryptocurrency?
It is scarce, and can only be minted by staking ETH in the Sögur reserve. The amount of ETH you can redeem SGR for in the future depends on factors such...
Tue, 8 Sep, 2020 at 11:18 PM
How is the price of one SGR calculated?
The price is based on a deterministic formula tied solely to the number of SGR already circulating. The price increases as more SGRs enter the circulation t...
Tue, 8 Sep, 2020 at 11:20 PM
Is SGR an ERC20-compatible token?
Yes, SGR (formerly SGA) is ERC20 compatible with any ethereum address (although not all wallets support transacting ERC20 tokens).
Tue, 8 Sep, 2020 at 11:22 PM