About Vega Protocol

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.

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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 which ensure markets are secure and fair

Vega Protocol Technical Details

Network

Blockchain
Ethereum
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