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