The Vega chain has decided to cease operations after an on-chain vote to retire the network. This means that trading on any markets supported by the Vega chain will no longer be available. During a ramp down period, validators will be paid to keep nodes up so that users can withdraw their money. The decision to retire the chain was well-liked by the Vega community, as it allows for the reallocation of funds to support the development of the core protocol software. Users with staked VEGA tokens are encouraged to vote on the final proposal and retain their tokens staked until the voting ends on September 13th. The chain will continue to function until at least October 27th, giving users ample time to withdraw their funds.
- Content Editor ( blockchainreporter.net )
- 2024-09-11
Vega Chain to Cease Operations Following Governance Vote