Vega Protocol VEGA
About
What Is Vega Protocol (VEGA)?
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 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
More Info
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
- Six months later, about 7.5 million tokens
- After one year, it'll be about 19 million tokens
- In two years it will be approximately 60 million tokens
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