Crypto derivatives protocol Vega on Wednesday launched its Alpha mainnet, a blockchain built specifically to handle decentralized derivatives trading of financial products such as futures and options.
Alpha offers support for a range of market types and assets, including futures, spot swaps, options and perpetuals that track the prices of various tokens – allowing users to deploy strategies to profit from their price gyrations.
Vega token (VEGA) stakers can propose and vote on the creation of new derivatives markets, and traders can start trading without paying gas fees, a developer told CoinDesk over Telegram. VEGA is an ERC-20 token on the Ethereum network, and it interacts with the Vega
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