Trading-focused blockchain Vega Protocol today rolled out perpetual futures markets, a type of futures product with no expiration date, on the network.
These perpetuals on Vega are in addition to existing offerings offered since Vega’s mainnet release in March 2023, including cash-settled futures markets.
They will not have permission, which means that community members will make proposals and vote to decide on specific assets for which eternal futures will be created. With this development, Vega wades into a crowded field that includes dYdX, GMX, Gains, Synthetix, Perpetual Protocol and several others.
Vega wants to differentiate its perpetual offering by empowering the community to use on-chain governance to introduce permissionless markets.
Additionally, the project’s community-led board will have the ability to approve any ERC-20 settlement token through the governance mechanism, which deviates from the norm of limiting settlements to USDC or equivalent stablecoins.
“This release is a huge step forward for Vega and the next generation of DeFi. It brings perpetual futures, the most popular crypto-settled derivatives product – and one of the community’s most requested features – to Vega’s open and permissionless network,” said Barney Mannerings, co-founder of Vega Protocol.
The Vega blockchain
Since launching the alpha mainnet in March, Vega has seen trading volume of more than $850 million on its futures markets alone, according to data from the team.
The project has its white paper in 2018, which described a performance-optimized blockchain with a Tendermint proof-of-stake consensus mechanism. Designed to meet the intense demands of crypto derivatives trading, Vega offers low latency and high scalability, and features a decentralized limit order book (dCLOB) on its blockchain infrastructure.
In 2019, Vega secured a $5 million seed funding round led by Pantera Capital and increased another $43 million through a community token sale on CoinList in 2021.
Vega Protocol is secured by validators who participate by staking the Vega token. This token is currently trading at a price of $1.2 with a market cap of $70 million, according to The Block’s price data.
can i buy clomiphene without prescription zei: where to buy clomid no prescription clomid for sale in mexico order cheap clomiphene pill where buy cheap clomid pill buy cheap clomiphene without dr prescription good rx clomiphene
Greetings! Jolly productive suggestion within this article! It’s the petty changes which wish make the largest changes. Thanks a a quantity towards sharing!
With thanks. Loads of knowledge!
azithromycin 500mg cost – buy floxin paypal metronidazole 400mg over the counter
rybelsus 14mg generic – oral rybelsus 14mg cyproheptadine generic
buy motilium pills for sale – order generic motilium flexeril medication
purchase inderal generic – order plavix 150mg generic methotrexate drug
nexium 40mg generic – https://anexamate.com/ generic nexium 20mg
order prednisone 10mg without prescription – aprep lson brand deltasone 40mg
medicine for erectile – https://fastedtotake.com/ ed pills that work
amoxicillin oral – buy generic amoxil amoxicillin drug
forcan buy online – https://gpdifluca.com/# buy diflucan generic
buy generic lexapro 10mg – https://escitapro.com/# lexapro 20mg uk
cenforce 100mg for sale – https://cenforcers.com/# purchase cenforce without prescription
generic cialis 5mg – https://ciltadgn.com/# cialis time
tadalafil (exilar-sava healthcare) version of cialis] (rx) lowest price – tadalafil review forum buy tadalafil cheap online
buy zantac 300mg – zantac 150mg pills order ranitidine 300mg generic
Thanks for putting this up. It’s well done. prednisolone que es
online viagra – viagra 100mg where to buy cheap viagra online
This is a theme which is forthcoming to my callousness… Diverse thanks! Exactly where can I lay one’s hands on the contact details for questions? is prednisone expensive
This is the description of glad I get high on reading. https://ursxdol.com/augmentin-amoxiclav-pill/
Thanks on sharing. It’s top quality. https://prohnrg.com/product/cytotec-online/
Thanks towards putting this up. It’s okay done. https://ondactone.com/spironolactone/
More articles like this would pretence of the blogosphere richer.
buy toradol paypal
I am in truth enchant‚e ‘ to glitter at this blog posts which consists of tons of profitable facts, thanks for providing such data. http://www.orlandogamers.org/forum/member.php?action=profile&uid=29105
buy forxiga pills – https://janozin.com/ order forxiga 10mg generic
buy cheap orlistat – https://asacostat.com/ buy orlistat generic