Vega: The Next Phase
The Vega network is nearing the end of its alpha phase—vote now on the latest on-chain governance proposal!
The project team is proposing significant changes to the Vega network! In response to community feedback, the team is suggesting the retirement of the Vega chain and VEGA token to focus on the continued development of the open-source Vega protocol software. (For more details, read the full announcement blog → HERE ← 🦔 )
Along with these changes, we’re excited to introduce our friends at Nebula, an independent project that will soon launch a retail DEX using the Vega protocol. Nebula will have its own NEB token, and VEGA token holders will have the opportunity to swap their tokens for NEB, marking a new direction for those invested in the Vega ecosystem! (Join the Nebula Discord → HERE ← 👾)
Vega's next phase: join the governance vote 🗳 👇
The community is invited to participate in the governance process to decide on these proposed changes. The vote has been split into two proposals. The first proposal, which is now live, involves shutting down all on-chain operations and will determine the future direction of the project as outlined in the blog post. View the transaction → HERE ← 🔍
The second proposal will follow a small patch release aimed at safely reducing the validator set. This approach assumes that validators accept and deploy the patch. If they don’t, alternative solutions will be considered, though the patch provides the most orderly path forward. To review the first proposal and cast your vote, visit the Governance dApp ⛓
🚨 VEGA token holders have until September 6th, 13:00 PM CEST to cast their vote 🚨
For more info, head to the forum post → HERE ← 🏛