BlockchainBrad speaks with Vega Protocol founder, Barney Mannerings, about cutting edge DeFi Trader Tooling! Vega is a protocol for building and trading margined financial products on a fully decentralised network. The network, secured with proof-of-stake, will facilitate fully automated, end-to-end margin trading and execution of complex financial products. Anyone will be able to build decentralised markets using the protocol and MainNet Alpha is not too far way! What makes Vega innovative? Built-in liquidity incentives match traders and market makers across any financial product, to solve the problem of attracting and allocating market making resources, especially for long-tail markets. Vega will connect to major blockchains for collateral, which can be in any digital asset including Bitcoin, ERC20 tokens, and stable coins. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Timestamps: 00:11 Barney Mannerings- Founder of Vega Protocol 1:20 Barney's interest in Blockchain & his extensive background 2:03 Barney's expertise & discussion on the team. 3:13 Filtering experience & solve real problems with real solutions 4:24 What Vega actually is. What Vega stands for? 5:30 Discussing derivatives. Markets and specifically designed derivs. 8:43 Moving beyond Ethereum- Vega solving derivative solutions 10:30 More on DeFi & Derivatives 11:07 Let's talk tech. How Vega sets a new standard for derivative protocols. 12:39 The fairness problem 15:39 Democratising derivatives 16:15 Vega protocol and platform. Terminology-clarifications 19:10 Permissoned, Permissionless.. The CeFi/DeFi spectrum 21:09 Benefits of Vega Protocol. Is Vega competitive in the market? 22:19 Multiple Signals needed from primary sources. Price determination. Cost effective (lower costs of running Vega) 24:00 Lower costs, lower spreads. Working on performance/scalability 25:05 The Blockchain is no impediment in terms of user-experience 25:45 Vega is building a customized tech stack based on Tendermint. 27:29 Vega Console- professional Trading Front-End 28:42 TestNet phase at the moment. Q4 mainnet Alpha goal. 29:10 Long term vision- big investors agree: long term plan. 30:30 Features of Vega Protocol. Focus: Liquidity provision 36:05 Agnostic Design. 37:43 Cross-Chain Interoperability Chains. Wrapped tokens. Flexibility. 39:14 Phases of development. The big plan. RoadMap. 40:31 Community Engagement. public testnets. (Vega is also running invite-only testnet and has launched Market Maker Liquidity Programs. 41:22 State of code. Github update 42:39 Q4 MainNet Alpha. Audits pending, team is on track 45:46 Outstanding Experience of Team 46:08 Betting, Options, Insurance, The key is Liquidity 47:30 Discussing DEXs and Bitcoin, hashrate derivs, CFDs on stocks etc. 49:14 DAI & Stablecoins 50:17 Let's discuss the Vega Tech Stack-as-a-summary. 54:09 The Token. That is the plan? The Vega token- Utility token. Staking, governance, delegation, decision-making. 57:37 Progressive Decentralisation the focus 58:05 Staking- advantages 59:20 Governance and engaging community 1:00:40 High Risk advertisements: some doing 100x derivs- comment 1:05:15 The gambling problem. Answer: education 1:07:40 Market Manipulation and front running concerns 1:11:06 Is Vega a first-mover? Product Parity 1:13:30 Real use, real adoption. 1:14:00 Investors, equity or tokens? 1:14:30 Transparency and Strategic Approach 1:16:46 Future Goals. Get involved- download Vega- community 1:18:00 This team mean business! 1:19:00 How to get involved? 1:19:30 Closing statements and thanks to Barney. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● Links: Website: https://vega.xyz/about#what-is-vega Twitter: https://twitter.com/vegaprotocol Community: https://community.vega.xyz/ ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● ►Join The BCB Tele https://t.me/BlockchainBradCommunity ► Follow on twitter: https://twitter.com/Brad_Laurie ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● PAYMENT/DONATION DISCLOSURE: This was 100% free and I received NO financial compensation for doing this video; not in fiat, tokens or any form on payment. INVESTMENT DISCLOSURE: I have not invested in the related token in any investment round, but I will buy this when it is available on market. ●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬● GENERAL DISCLAIMER: The information provided is not to be considered as a recommendation to buy or invest in certain assets or currencies and is provided solely as an educational and information resource to help traders make their own decisions. Past performance is no guarantee of future success. It is important to note that no system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. BlockchainBrad shall not be liable to the participant for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the participant arising from or in connection with the information obtained this website or directly from the website owner.