Vega Community Votes to Shut Down Vega Chain

According to Odaily, the Vega community has overwhelmingly voted to shut down the Vega chain. This decision will redirect the project's remaining resources towards maintaining and developing the core protocol software, while ceasing community support for the Vega chain and VEGA tokens. Currently, all market trading functions on the Vega chain have been halted, and the chain is expected to fully cease operations after a 'slowdown period.' During this period, validators will be incentivized to keep nodes running to allow users to withdraw funds. A final governance vote is underway to confirm the final settlement prices of the suspended markets and to allocate approximately $28,000 of unused insurance pool funds to validators. The Vega chain is expected to remain operational until at least October 27, providing users ample time to withdraw their assets. Users can connect their Vega and Ethereum/Arbitrum wallets through the official page for asset withdrawals. It is important to note that USDT withdrawals require a 24-hour delay period.