Vega recently launched its restricted mainnet – a project that could shake up the entire Defi Ecosystem, and P2P Validator are one of the top staking service providers to get on board.
Uninspired by traditional financial markets and fed up with the extortionate third-party fees, traders and investors are starting to look to other markets for better solutions. Stifled innovation and a centralized system controlled by a few is starting to become a thing of the past as innovative companies like Vega Protocol launch new concepts to combat those shortcomings.
Through the use of its permissionless and agnostic proof of stake network, VEGA Protocol brings efficient trading of derivative products (comparable to centralized exchanges) to the DeFi ecosystem.
“The Vega chain will be the Web3’s native derivatives layer, bringing fairness, front-running protection, and capital efficiency to the blockchain. Starting with an Ethereum bridge Vega plans to support assets from all major blockchains.” – David Siska – Vega research team @Vega Protocol
Meticulous researchers when it comes to the selection of tokens to stake, P2P has now added Vega to their list of carefully selected products. Seed investors and early contributors in networks like Solana, Cosmos, Tezos (and many others), P2P have a history of backing successful tokens.
“Most importantly, Vega and P2P share a lot of core values, and we really appreciate Vega’s built-into incentives that empower decentralization, and fair, transparent distribution of rewards. We also support Vega’s goal of solving fundamental problems for the centralized finance, and share their intent to open the opportunity to create and launch markets to a broad audience.”
Dmitry Argunov – Vega Product manager @ P2P Validator
Both locked and unlocked VEGA can now be staked, giving you the opportunity to earn more! As in most cases, early staking receives higher rewards.
A fixed amount of VEGA is placed into a treasury dedicated for staking rewards. The less VEGA there is staked, the more VEGA staking rewards will be distributed to each VEGA staked. As VEGAs trading volume increases, a percentage of the infrastructure fee – fees that are charged on trades executed on the platform – will be shared for staking rewards.
Staking VEGA tokens not only helps secure the network and earns you rewards, but gives you the chance to participate in governance and have a voice in the future Vega protocol.
Useful VEGA resources
- Website: vega.xyz
- Guides: For Mac or Windows
- What to Expect from Restricted Mainnet: https://blog.vega.xyz/what-to-expect-from-restricted-mainnet-616086d9fdaf
- Whitepaper: vega.xyz/papers/vega-protocol-whitepaper.pdf
- Github: github.com/vegaprotocol/
- Twitter: twitter.com/vegaprotocol
- Discord: https://discord.com/invite/3hQyGgZ
- Blog: blog.vega.xyz/
- Community: community.vega.xyz/
About P2P Validator
P2P Validator is a world-leading non-custodial staking provider with the best industry practices and proven expertise. We provide comprehensive due diligence of digital assets and offer only high-class staking opportunities securing more than 4 billion of USD value.
At the time of the latest update, P2P Validator is trusted by over 24,000 delegators across 25+ networks. We are a major player in all networks we support because of our experience, commitments, and our reputation. We pay special attention to the process of governance.
Want to stake VEGA with us? Visit https://p2p.org/vega to find out more about Vega staking and our special offer.
If you have any questions, feel free to join our Telegram chat, we are always open for communication.