Vertex plans to migrate its DEX to L2 network Ink and gradually phase out its native token VRTX

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ODAILY
07-08
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Planet Daily News: Based on Arbitrum, the decentralized trading platform Vertex Protocol (focusing on perpetual contracts and money markets) will gradually shut down its existing EVM deployment and rebuild its DEX on Ink, an L2 network incubated by Kraken. It is reported that the Ink Foundation will receive Vertex's engineering team and its trading technology architecture, including synchronized order books, perpetual contract engine, and money market code. As part of this migration, Vertex developers will also gradually phase out their native token VRTX. (The Block)

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