Community Update #89
Year in Review, Five Market Proposals, Mainnet Roadmap, Validator Expansion
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:
Vega 2023: Year in Review - Blog
Perps Watch Update - Market Proposals
Palazzo Mistero - Mainnet Roadmap
VNP-025 Enacted - Welcome 17th Validator
RWAs in Derivatives - David on Cointelegraph
💥The New Year is starting with a bang!💥 Here’s the latest at Vega:
1. Vega 2023: Year in Review - Blog 🎆
The new year is already here! But before jumping into this week’s updates, let’s take a moment to revisit some of the key achievements of 2023, a few mentions:
Since mainnet trading started, the Vega network processed over 5.6m trades and produced over 28m blocks, with an average block time under 1 second (0.673s)
Total Market Volume $955m, Total Staked $31.6m, Total Value Locked $1.24m
The Hummingbot-Vega Protocol Partnership was announced
The Vega MetaMask Snap was released on the day the feature was introduced
The ‘Cosmic Elevator’ release was deployed on mainnet by validators, introducing the very first permissionless perpetual futures, Ethereum oracles, and an on-chain referral program
& the list continues → HERE ← 🦔
2. Perps Watch Update - Market Proposals 💥
The Forum is buzzing with new market proposals! The community is looking to launch:
🔥VMP25-DYDX-USDT-PERP🔥
3. Palazzo Mistero - Mainnet Roadmap 🏰
The release of Cosmic Elevator marked a new era of permissionless innovation, Palazzo Mistero will offer community members improved UX and exciting novel features! Details will be shared in a blog once finalised; in the meantime, GitHub is your go-to source!(FUN FACT: Palazzo Mistero is another Street Fighter stage) 🥊
4. VNP-025 Enacted - Welcome 17th Validator 🛰
VNP-025, enacted on January 3rd, expanded the set of Consensus validators from 16 to 17! You can find all active validators, as well as Standby ones, on the Governance dApp.
5. RWAs in Derivatives - David on Cointelegraph 🧪
Our Head of Research, David Siska, recently provided insights on the topic of asset tokenisation in an interview with Cointelegraph:
“My prediction is that RWAs will first make an impact in derivatives trading, as perpetuals and futures markets can reference RWAs from various oracle providers. For instance, oracles like Pyth, Redstone and Chainlink all offer a variety of RWA price feeds. To truly mature beyond price speculation, DeFi must interact with the real economy. A financial system that’s not connected to the real economy is effectively pointless.”
Read the full article HERE 👓
🐉 It simply isn't an adventure worth having if there aren't any dragons! 🐉
- Edo 🥝