Vega Protocol

Vega is a proof-of-stake blockchain, built on top of Tendermint, which makes it possible to trade derivatives on a decentralised network with comparable experience to centralised exchanges.

Whitepaper

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Interest lvl

High

Updated: Sep 03, 2021

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User Rating

High

4/5 • 8 votes

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Ticker

VEGA

Type

Utility-token

Token standard

ERC20

FoundedGibraltar

Registration countryGibraltar

Registration year2018

Office addressSuite 23 Portland House, Glacis Road, Gibraltar, GX11 1AA

Launchpads

Coinlist Gate.io Startup

What is Vega Protocol

Vega is a proof-of-stake blockchain, built on top of Tendermint, which makes it possible to trade derivatives on a decentralised network with comparable experience to centralised exchanges.

By using a blockchain optimised for capital efficient trading alongside Ethereum and other general purpose chains, Vega is able to fairly process and manage risk on thousands of trades per second settled in assets like Ether, BTC, and standard ERC20 tokens. Fees are only charged when trades are executed, and it is free to submit, cancel and amend limit orders.