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Information

Data from
Issue Time
1970/01/01
Initial Price
US $ 0.59789007
Circulation/Max
54.37M/64.99M
Dominance
0.00%
ROI -93.01%
$0.59789007$22.77238499
Low · 2023/08/242023/08/24 · High

Information

What Is Vega Protocol (VEGA)?

Vega Protocol is a custom-built proof-of-stake blockchain that provides the derivatives scaling layer for Web3. It enables trading derivatives on a decentralized network with a comparable experience to using a centralized exchange.

VEGA is the network governance and staking token. It is used for:

  • Voting on the creation of new markets on the network
  • Running validator nodes on the network via staking VEGA tokens
  • Earning fees from traders through staking and delegation
  • Governing important network parameters to ensure secure and fair markets

Technology Highlights

Vega Protocol implements several novel technology innovations that enable high-performance trading of derivatives in a decentralized environment.

  • Atomic margin calculations enable traders to maximize their capital efficiency without compromising market safety
  • Pseudonymous trading identities ensure network accessibility without restrictions
  • Permissionless market creation and governance protocol puts the power to create new markets in the hands of network users
  • Strong liquidity incentives ensure attractive markets for traders and liquidity providers

How Many VEGA Tokens Are in Circulation?

VEGA has a fixed supply of 64,999,723 tokens. The estimated circulating supply is as follows:

  • Initial circulating supply of 2 million tokens
  • Approximately 7.5 million tokens after six months
  • Approximately 19 million tokens after one year
  • Approximately 60 million tokens after two years

Answers

What Is Vega Protocol (VEGA)?

Vega Protocol is a custom-built proof-of-stake blockchain that provides the derivatives scaling layer for Web3. It enables trading derivatives on a decentralized network with a comparable experience to using a centralized exchange.

VEGA is the network governance and staking token. It is used for:

  • Voting on the creation of new markets on the network
  • Running validator nodes on the network via staking VEGA tokens
  • Earning fees from traders through staking and delegation
  • Governing important network parameters to ensure secure and fair markets

How Many VEGA Tokens Are in Circulation?

VEGA has a fixed supply of 64,999,723 tokens, and the estimated circulating supply is as follows:

  • Initial circulating supply of 2 million tokens
  • About 7.5 million tokens after six months
  • Approximately 19 million tokens after one year
  • Around 60 million tokens after two years