Whitepapers
Vega Protocol
Vega Protocol
VEGA
Vega Protocol Whitepaper
Published1/19/2023
Last UpdatedJanuary 2023
Page22
Verified
Vega Protocol provides the derivatives scaling layer for Web3. It is a custom-built proof-of-stake blockchain, which makes it possible to trade derivatives on a decentralised network with comparable experience to using a centralised exchange. VEGA is the network governance and staking token. It is used for:Voting on the creation of new markets on the networkRunning validator nodes on the network via staking VEGA tokensEarning fees from traders through staking and delegationGoverning important network parameters which ensure markets are secure and fairTechnology Highlights

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