Community Update — April 2024
Sharing monthly highlights from the Vega Protocol newsletter; subscribe to receive updates on the latest from Vega’s Community. Sign up!
Contents
- Palazzo Mistero II — Blog
- Perps Watch — New Market Proposals
- Revising Points Markets — Vega Forum
- Fairground Incentives — Spot, Spot, Spot
🏰 Palazzo Mistero is complete 🏰 Here’s the latest at Vega:
1. Palazzo Mistero II — Blog 😎
The Palazzo Mistero release enhanced the protocol’s support for perpetuals with improvements to oracle data sourcing and mark price calculations, leading to more accurate and stable funding rates across all perpetual futures markets. Building upon this, Palazzo Mistero II introduces a suite of highly anticipated user-facing features and protocol improvements, designed to significantly enhance the trading experience on Console 🕹
Read →HERE ← for more details 🤓
Support the announcement → HERE← 📣
2. Perps Watch — New Market Proposals 📜
Community members have submitted proposals for market creation on the Vega Forum! Explore the posts and join the discussion:
VMP-40: Create ENA/USDT Perp Market
VMP-41: Create ARB/USDT Perp Market
VMP-42: Create TIA/USDT Perp Market
VMP-43: Create SUI/USDT Perp Market
3. Revising Points Markets — Vega Forum 🧐
The Vega project team has revised the research note about the settlement of points markets to cover a potential way to handle “Interim Airdrops”. Hyperliquid has recently launched an airdrop of a new spot token, PURR, for points holders. An active market for HL points is live on Vega, with settlement rules based on the research note. Markets on the Vega network are created and controlled by the community of users and token holders. Please use this forum post to discuss the airdrop and suggest any changes. If there are no significant objections, a follow-up post (or a comment below) will detail how we calculate the PURR price. 🗳
4. Fairground Incentives — Spot, Spot, Spot 🏛
Incentives on Fairgound will focus mainly on Spot markets as they are being tested to gearing up for the Colosseo release. If you want to earn rewards, stay updated through the official channels for the latest incentives! We have set up the Bug Hunting program to enhance the deployment process by detecting any additional bugs before the release. As part of this program, rewards will be given based on the severity of the bug and whether it’s related to the Front End or Core. 🐛 (It is important to note that in order to qualify for the rewards, the reported bugs must be within the defined scope, unique, reproducible, and recorded in Github discussions) 📝
The latest incentive ‘Spot The Reward’ is live until Tuesday 30th Apr. 11 AM UTC 🎠
This Community Update Recap was adapted and brought to you by
— Edo 🥝
