Sharing updates from the Vega ecosystem and sometimes slightly beyond. To chat, learn and discuss more, see a full list of resources on LinkTree.
Contents:
LP Incentive - Live updates from the scene
Vega+ - Stories from Week 1
ETHDenver Hackathon - The Conclusion
In Chats With The Web1 Mafia - Privacy Twitter Spaces
Why the world needs permission-less markets - Article
I hear the LP Incentive has been a tough cookie 🍪, here’s what’s new at Vega:
1. LP Incentive - Live updates from the scene🧪
The Liquidity Provision incentive launched this week! Providing liquidity is not the easiest concept to grasp, but we were very happy to see hundreds in the community take part and get involved.
We launched a new market for SOLUSD on fairground, built a leaderboard, and participants started trading and providing liquidity through our APIs and then….
The market crashed.
This is exactly why we launch these incentives. We want the community to test the system, use it in ways that weren’t thought of before and push things to their limits. We restarted that market and things have been running smoothly since. Through this incentive, we’ve been able to iron out some bugs and see the protocol working as expected, with lots of participants providing liquidity to a market, which is pretty cool!
To help the Community out, we ran 2 Fairground Jam’s covering the most recent incentive. We’ll be re-running the incentive soon, so recap on what you need to know below -
2. Vega+ - Stories from Week 1 📔📔
The Induction Week of the Vega+ Ambassador Program has now concluded and we are incredibly grateful to have 40+ superstar new Apprentices learning, interacting, and creating alongside the Team! 😎🌟🌟😎
Week 1 was focused on learning and getting familiar with the meat and potatoes of what exactly it means to be a Vega+ Ambassador. The first Vega+ Community Call outlined the admin processes, ranks, NFT plans and program roadmap, among many other things!
We got a taste of the different teams and their outlooks from Vega+ Commanders Arne (Multilingual League; Head of Community), Chris (Builders Club; Lead Developer Advocate) and Daigan (Content Collective; VP of Community). Now, it’s time to pick up the pace, separate into teams and begin having a real impact within the Vega ecosystem. If any of you are reading this, it’s been fantastic seeing so many enthusiastic new Community Members, wishing you a warm welcome with open arms🤗!
3. ETHDenver Hackathon 🧰
We’ve also been going through the submissions from the EthDenver hackathon. The task was to build a block explorer and yet again, the team was surprised by the quality of some of the submissions. We hope to expand on some of these projects and build in new areas, with the help of our Vega+ Ambassadors in the Builders Club. Winners will be announced for the hackathon next week, so keep an eye out for that!
As a sneak peek, this is the UI from one of our favourite submissions
4. In Chats with the Web1 Mafia - Privacy Twitter Spaces🥷
Vega’s Twitter Space series is really a place where crypto evangelists like to hang out, ‘have a beer’ and discuss crypto or crypto-related topics - we could very well be doing this over a pint at the pub (or wherever you like to hang out 😉)!
Our latest Twitter Spaces ‘Talking Privacy with Cypherpunks’ dissected important questions around privacy - the conversation featured Barney Mannerings, Klaus Kursawe, Dave Hrycyszyn and was moderated by Rebecca.
David Chaum was meant to join the space but unfortunately was sick and couldn’t make it. The Vega community wished for a rapid recovery and we’ll hopefully see him soon!
This space on privacy sparked many interesting facets of the topic - we talked about our personal views and stance, the history of privacy, conspiracy theories that breed in private spaces, the first crypto wars on encryption and much more - catch the space
→ HERE ←
5. Why the World Needs Permissionless Markets - Blog 🏴☠️
Vega’s objective for the year, whilst working hard on the Alpha Mainnet launch, is to keep educating our community & propagating our ethos. We want to keep releasing educational content for our community. Check out these articles, if you haven’t done so already :)
Permissioned markets have been necessary to harbour economic growth. Fair trading environments, minimising bad actors, growing liquidity in markets to satisfy trading demand and maintaining market equilibrium are all important factors as to why permissioned markets have been so successful throughout economic history.
But as you know, past success does not indicate future use 🦉.
Now that we’ve tackled these topics, we will be looking at the importance of permissionless market creation! If you want to understand the value of permissionless markets, check out our latest blog! → HERE ←
🧪 That’s all; dive in for the follow-up on the LP Incentive next week 🧪
- Daigan 🍊 + Edo 🥝 + Sunny 🌞