Announcing the Vega Token Sale on CoinList

We’re proud to announce that registrations for the Vega Token Sale on CoinList are now open.

Vega is the derivatives layer for Web3. It is a proof-of-stake bridge to all major blockchains, providing an open and highly flexible derivatives protocol scaling layer with all the sophistication of investment-bank grade software.

The sale will begin on June 2 at 00:00 UTC, and will have three price tiers with different terms available to all eligible* participants:

  • Option 1: $5.00 per token, 12 month lockup with a 12-month release period thereafter, $1,000 maximum

The registration deadline for the sale is May 28, 2021, 23:59 UTC.

Register here »

Web3’s native derivatives layer

Vega Protocol is a proof-of-stake blockchain, built on top of Tendermint, which makes it possible to trade derivatives on a decentralised network with a comparable experience to centralized exchanges. By using a blockchain optimized for this purpose, alongside Ethereum or another general purpose chain, Vega is able to process thousands of transactions per second. Fees are only charged when trades are executed, and it is free to submit, cancel and amend limit orders.

Sophisticated built-in liquidity incentives, and pseudonymous market creation, ensure that high-quality markets can be created by anybody in the world, without censorship or restriction. Simply put, Vega delivers the technology required to move a significant amount of volume from traditional financial markets on-chain, in a safe, secure and fair manner.

A few reasons that we’re excited about Vega:

  1. Permissionless Market Creation — Active markets on Vega are determined by token holders through governance voting. Proposals to create, alter, or remove markets can be submitted to the network by anybody in the world. The community of token holders will collectively exercise control over whether proposals are approved or not. Designing safe and secure markets requires careful analysis, as well as collaboration with liquidity providers. Vega gives the power to network stakeholders to ensure the markets they need are prioritized and created.

Register here »

Legal Disclaimer

*Not available for residents and citizens of the United States, China, Canada and certain jurisdictions.

This post is being distributed by Amalgamated Token Services Inc., dba “CoinList,” or one of its subsidiaries. Use of the CoinList website is subject to certain disclosures, restrictions and risks available here.

Nothing in this post shall constitute or be construed as an offering of securities or as investment advice, tax advice or investment recommendations (i.e., recommendations as to whether to enter or not to enter into any transaction involving any specific interest or interests) by CoinList or any of its affiliates.

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