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Vega Protocol

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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