VEGA is building the blocks for a new financial system, opening access, reducing costs, and enabling a new wave of financial market innovation. With VEGA, anyone can create products, markets, and trade. Its system, optimized for DeFi and trading, locks user assets in multi-sig addresses and generates corresponding assets on the VEGA network, solving cross-chain asset issues while ensuring user asset security.
Mission
Vegas mission is to build tools that ensure free trade and universal accessibility.
We address fundamental issues encountered in current centralized financial systems by creating a parallel financial system that solves these problems.
We are writing the rules of reward and incentive to balance the system, keep it fair, and help it grow.
Innovation
Built-in liquidity incentives make trading and market-making available across any financial product, addressing the challenge of attracting and allocating market-making resources, especially for long-tail markets.
Vega will connect to major blockchains as collateral, which can exist in any digital asset, including Bitcoin, ERC20 tokens, and stablecoins, allowing participants to choose from a range of collateral options.
Any participant can easily and anonymously create and launch markets using a toolkit of product features and economic primitives, with straightforward designation of all cash flows and settlement instructions.
The protocol must be open and ultimately community-governed free and open-source software so that it can evolve according to users needs.