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The Vega protocol has Launched perpetual futures markets, Know more below.
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The VEGA coin price is trading sideways in the current scenario.
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Vega offers on-chain governance for permissionless markets.
Vega Protocol is a custom-built proof-of-stake blockchain that serves as the derivatives scaling layer for Web3. It enables the creation of a decentralized network where trading derivatives is possible with an experience comparable to using a centralized exchange.
The platform’s journey started with the publication of its whitepaper in 2018, which described a high-performing blockchain that utilized a Tendermint proof-of-stake consensus mechanism. The network’s governance and staking token is VEGA, which is used for crucial activities like voting on new market creation.
These include running validator nodes on the network via staking VEGA tokens, earning fees from traders through staking and delegation, and governing crucial netwo
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