VEGA Token ICO Began on Coinlist. You Don’t Want to Miss It.

Vega is a proof-of-stake blockchain. Built on top of Tendermint, it enables investors to trade derivatives on a decentralized network, offering comparable experience to centralized exchanges.

The network will facilitate fully automated, end-to-end margin trading, as well as the execution of complex financial products. In fact, Vega enables users to build decentralized markets using its protocol from anywhere around the world.

Vega aims to build tools that guarantee the freedom to trade. The company also intends to make that freedom accessible to anyone on earth. Its team has set out to highlight the fundamental problems they see with the current centralized financial system and fix those problems by creating a parallel financial system. They are writing rules for rewards and incentives that balance the system, help it to grow, and keep it fair.

According to Vega, its protocol will be open and eventually becomes free, open-source software governed by the community. It will develop and evolve according to the needs of its users.

Vega launched its native token today on the Coinlist platform. Moreover, investors have been waiting for this high-ranked token’s IDO for some time now. VEGA is an ERC20 token. The protocol plans to release a total of 64,999,723 VEGAs. However, only 5% of this amount is available for sale. The price is 15 USD per token, and the company aims to raise $4,875,000 through the ICO.

What makes Vega protocol innovative?

Built-in liquidity incentives match investors and traders across any financial product to solve the problem of attracting and allocating market-making resources.

Vega plans to connect to major blockchains for collateral. The latter can be in any digital asset, including Bitcoin, stable coins, and ERC20 tokens. As a result, customers will be able to choose from a range of collateral options.

Furthermore, any participant will be able to create and launch markets easily, and they may do that pseudonymously. Finally, the platform will allow customers to use a toolkit of product features and economic primitives from which it can easily specify all settlement instructions and cash flows.

Vega aims to develop a protocol that lets users trade derivatives safely, with margins, without requiring custody. They are making that possible by automating and standardizing every step of the trade lifecycle.