Vega Protocol retires chain and token after near unanimous vote

The community will now move forward with proposals supporting the development of its core protocol software.

A recent proposal to shutter the Vega Chain and VEGA token passed with near unanimous support in a community vote held on Sep. 12. 

The initial proposal was announced in an Aug. 30 blog post. At the time, the team said it was ending its Alpha phase and preparing for an expected wind down. The team said it “learned a lot about how the community wants to use Vega, as well as the aspects of our original vision that have not worked out.”

A post announcing the shutdown of Vega Chain and $VEGA token. Source: Vega Protocol

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The community will now move forward with proposals supporting the development of its core protocol software.
A recent proposal to shutter the Vega Chain and VEGA token passed with near unanimous support in a community vote held on Sep. 12. The initial proposal was announced in an Aug. 30 blog post. At the time, the team said it was ending its Alpha phase and preparing for an expected wind down. The team said it “learned a lot about how the community wants to use Vega, as well as the aspects of our original vision that have not worked out.”A post announcing the shutdown of Vega Chain and $VEGA token. Source: Vega ProtocolRead more