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Cryptocurrencies
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Cryptocurrencies
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VEGA is building modules for the new financial system, opening up access, reducing costs, and achieving a new round of financial market innovation. With VEGA, anyone can create products, markets and transactions. It focuses on system optimization of DeFi and transactions, locks user assets on multi-sign addresses, and then generates corresponding assets on the Vega network to solve cross-chain asset problems and ensures the security of users' assets.
Vega’s mission is to build tools to ensure freedom of trade and make it free to anyone on the planet.
We look at the basic problems encountered in the current centralized financial system and create parallel financial systems that solve these problems.
We are writing reward and motivation rules to balance the system, keep the system fair and help it grow.
Built-in liquidity incentives allow traders and market makers to use in any financial product to address the issue of attracting and allocating market makers, especially for long-tail markets.
Vega will be connected to the main blockchain as collateral, which can exist in any digital asset, including Bitcoin, ERC20 tokens and stable coins, so participants will be able to choose from a range of collateral.
Any participant can easily create and launch markets anonymously with a toolbox of product features and economic essentials, from which all cash flows and settlement instructions can be easily specified.
The protocol must be open and will eventually be a free open source software managed by the community so that it can be developed and developed according to the needs of the user.