Vega passes governance vote to shut down its Layer 1 blockchain
The community members of Vega Protocol have voted to retire its existing Layer 1 blockchain.
Following a unanimous governance vote, trading on the Vega chain has been discontinued.
The decision to retire the blockchain was based on the lack of traction the network gained in its current form.

Vega Protocol's decision to shut down its Layer 1 blockchain reflects the importance of community governance in blockchain projects. It also highlights the challenges of gaining traction in a competitive market.