Skip to main content
Version: mainnet (v0.53)

Vega software releases

Topic: Development

This section is part of a series on the topic of Development.

Docs:

Other resources:

The Vega software is publicly available on GitHub. Below find summaries of key released features and breaking changes, as well as links to release notes in GitHub.

Vega core software - Below, find a summary of each version's features and breaking changes.

See the full release notes on GitHub.

Data node APIs on GitHub - The data node APIs allow for querying for historic information and for snapshots of the current state of the systems.

Vega Wallet on GitHub - The code for the Vega Wallet CLI app is open source, and you can read about the contents of each release on the Vega Wallet repo.

Vega Desktop Wallet on GitHub - The code for the Vega Wallet desktop app is open source, and you can read the contents of each release on the repo.

Governance dApp on GitHub - The governance dApp, which provides an interface for taking part in governance and interacting with VEGA tokens, is open-source and you can see the code in the frontend monorepo.

Vega Capsule on GitHub - Vega Capsule, which lets you create an instance of the Vega network on your computer to experiment with using the protocol, is public and you can resad the contents of each release on GitHub.

Vega core software

The Vega core software is public on a business-source licence, so you can both view the repository change logs, and refer here for summary release notes for each version that the validators use to run the Vega mainnet. Releases are listed with their semantic version number and the date the release was made available to mainnet validators.

Versions 0.53.1 and 0.53.2 combined | 2023-03-22

This version was released to the Vega mainnet on 22 March 2023.

This deployment addresses a critical mainnet issue. A bug has been identified that caused a network outage at the time that the protocol was promoting a new validator to consensus validator status. The issue was caused by insufficient validation of the Tendermint public keys specified in the announce node command.

The fix introduced both resolved the issue and enhances the validation so that this cannot be repeated again.

To find out more please see the issue 7936 ↗ and the incident blog ↗

Versions 0.53-0.51 | 2022-08-15

This version was released to mainnet by the validators on 15 August, 2022.

0.53.0 (14 July 2022)

Smart contract upgrade: With the upgrade of the network to version v0.53 there was upgrade of the smart contracts. The multisig control contract and the collateral bridge will thus increase users' control over the funds they deposit (opt-out) and include performance improvements, such as decreasing gas cost when using the bridge. The Vega asset pool contract will not be upgraded. Once the new contracts are properly set up on Ethereum, the validators will migrate the asset pool to use the new contracts.

Information on how to upgrade can be found in the smart contracts migration guide.

Checkpoint commands: From version 0.53.0, checkpoints are always loaded via the genesis. To facilitate this the --genesis-file option has been added to the load_checkpoint command.

With the introduction of this, the restore checkpoint command has now been deprecated and removed.

Vega wallet in core repo: The core and Vega Wallet codebases have been unified. This reduces the risk that core and Vega Wallet software changes get out of sync. Users of the CLI wallet app can easily confirm if the version of their wallet is compatible with the core Vega software version as they will be built and released together, and thus have the same version number.

In the short term, the CLI wallet app will still be available to download from the Vega Wallet repo, but it will not be supported for future releases.

Decentralised validator selection bug: During the testing of the decentralised validator selection feature, a bug was found whereby if the network parameter that controls the number of ersatz validators is reduced in the same epoch that an ersatz validator is promoted, the network could be left with a node set where the actual number of ersatz validators was greater than the total allowed number. A fix has been implemented to handle Tendermint demotion and ersatz slot reduction at the same time and keep true to the configured network parameter values.

PostgreSQL database: Find out how to run a data node with Postgres in the data-node readme.

As of version 0.53, data node uses PostgreSQL as its storage back end instead of the previous mix of in-memory and BadgerDB file stores. We also make use of a Postgres extension called TimescaleDB, which adds a number of time series specific features.

Postgres is not an embedded database, but a separate server application that needs to be running before a data node starts. A side effect of this transition is a little bit of setup is required by the data node operator. By default, data node will attempt to connect to a database called vega listening on localhost:5432, using the username and password vega. This is all configurable in data node’s config.toml file.

We are developing using PostgreSQL 14.2 and Timescale 2.6 and strongly recommend that you also use the same versions. For more information see the data-node readme.

Critical bugs resolved: Collateral checkpoint locked global reward balance: With the deployment of version 0.50.3 a new format for the account owner of the global reward account was introduced. When the mainnet was upgraded, the above was interpreted as a general party account rather than the newly formatted global reward account. As such, a balance of 21500 VEGA became locked in an account that is no longer accessible. To resolve this issue and recover the trapped VEGA, when the checkpoint is read, and on discovery of an old account format, the balance is transferred to the relevant new reward account. Full details can be seen in issue 5546

Unable to query the VEGA asset due to large quantum: Part of testing the network version compatibility is to deploy the latest version of the software using a mainnet checkpoint file. During this test it was found that the VEGA asset could not be found in the data-node via the assets API. To resolve this issue support was introduced in the data-node for large integers for the asset quantum. Full details can be seen in issue 782

Incorrect prices returned from depth endpoint in data node API: The depth value in the data node API appeared to occasionally become desynchronised from the 'true' prices. This was observed on testnet when a market’s prices of the 'bids' values were much higher than those of 'ask' and did not tally with values from best bid/ask.

In V1 of the data node (which will be replaced with V2) there is a check which relies on the Vega time (block time) being correctly set. However, as the V1 broker is multi-threaded per event type, there is no guarantee that the time event that sets the Vega time will arrive at the market depth subscriber with the orders to which the time corresponds. This change sends the Vega time of the block along with the order event in the V1 broker to ensure that a correct sequence number is generated for each order event.

Note: this issue affects the V1 APIs which will be deprecated and replaced by V2 which is single threaded and thus could not have this bug.

Event subscriptions for orders was broken: When placing an order the orders subscription correctly emits an update for the newly created order. However, the bus event subscription did not emit the expected event. The fix for 719 (market depth in data-node V1 incorrect due to race condition) changed the type of the order event such that it no longer implemented these interfaces (no code broke as the check is dynamic), and this prevented the event bus from sending events using the party and market filters.

Full details can be seen in issue 730

0.52.0 (15 June 2022)

Spam protection updates: Until version 0.52 any changes to the proof of work network parameters would take effect immediately, which resulted in changes being enforced on transactions that were generated on blocks preceding the current one. This is not desired because someone may have prepared multiple transactions for a block before the changes were applied, which would then be rejected.

To ensure that this does not affect existing transactions the protocol verifies proof of work with the parameters as they were configured at the time of the block of the transaction.

0.51.2 (10 June 2022)

Version 0.51 of the Vega software implements some key changes to the features of governance and rewards as well as smart contracts. In addition, work continues on the data-node to transition to the time-series PostGres data storage and the migrated APIs which will help the data-node scale as usage increases on the network.

Breaking change - asset governance: In release 0.51.2, a breaking change has been introduced that may affect governance proposals that refer to assets. The function used to request the asset bundle before proposing an asset has been renamed to be clearer, as in the future there will be an option for removing assets.

The following method names have been updated:

  • GetERC20AssetBundleRequest is now GetERC20ListAssetBundleRequest
  • GetERC20AssetBundleResponse is now GetERC20ListAssetBundleResponse

Breaking change - governance: There has been a breaking change made to the governance process. A rationale is now required for all governance proposals. Every proposal transaction must contain a link to a text file in markdown format which summarises the proposed change and links back to the complete proposed change.

Smart contract allow-listing: The MultisigControl smart contracts have been updated to permit allow listing oneself to deposit above the specified deposit limits. This change both ensures that there are steps to protect users of the network during the early period of trading being enabled and also gives control to the user to allow list themselves if they understand the risks.

The contract changes have recently been through an audit of which the final version will be published alongside the deployment of the contracts into testnet. As confidence in the network is established, it is expected that governance proposals will be made to increase the deposit limits.

Rewards: To enable giving rewards in arbitrary tokens that may not necessarily be the settlement asset for a given market or the Vega governance token, changes have been implemented to enhance recurring transfers to reward accounts.

When transferring to a reward account, it is possible to define the reward metric, the reward metric asset, and a subset of markets. Should a market not be defined when initiating the transfer the protocol proceeds with all the markets that settle in the reward metric asset.

Snapshots: A snapshot is generated every N blocks, and that information is stored in a GoLevelDB file on the local file system. By default a node will always start up in normal mode in which it connects to Tendermint and replays any historic blocks before catching up and running at the same pace as the existing nodes on the network.

The snapshot system will keep by default 10 versions of the snapshots. When it has created 10 it will remove the oldest each time it creates a new snapshot. Extensive testing of snapshots has been conducted and is ready for use by the validators for stopping and starting nodes.

There has also been an array of fixes implemented for snapshots that ensure that a node restored from a snapshot always maintains consensus.

Versions 0.50.4 | 2022-06-29

This release was shared with validators on 29 June, 2022. The validators released it to the mainnet network on on 30 June, 2022.

This is a patch release to address two high priority bugs seen in version 0.50.3.

A critical defect was identified on mainnet 0.50.3 where some staking events on Ethereum were replicated multiple times on Vega. During investigations it was identified that some validators were still running their event forwarder as an external service, which forwards events in a slightly different format, meaning those events were not successfully deduplicated. The defect that made it non-deterministic and not successfully deduplicate has now been resolved in 5510 - fix: dedupe sorting made consistent

When restarting from a checkpoint file during the 0.50.3 deployment, at the end of the epoch the reward was paid as expected. However, the rewardScore field for the validators in that first epoch was missing in GraphQL. For all following epochs the rewardScore field was present as it should be. The cause was identified: when the core emits the event at the end of the first epoch, after the checkpoint restart, it was emitted with the wrong epoch sequence. This has now been resolved in 5515 - fix: emit rewardScore correctly when loading from checkpoint

For full detailed information on the changes please see:

Versions 0.50.3-0.49.8 combined | 2022-04-27

This release was shared with validators on 27 April, 2022. The validators released it to the mainnet network on 22 June, 2022.

The primary focus of this and the next upcoming releases has been to complete the final remaining features, progress data-node improvements for scalability and to add test coverage and fix bugs.

Note: While many of the features below are related to trading, it is not yet enabled on mainnet.

Proposals to change market parameters: After a market has been proposed and enacted, changes to the market parameters can be proposed in a different governance action. Tokenholders will be able to submit proposals to change market parameters.

To change any market parameter, the proposer will submit the same data as if they were to create a market, except for the liquidity commitment, however this submission would contain the desired updates to the fields / structures that they wish to be changed. Some of the market parameters will not be able to be changed: market decimal places, position decimal places, settlement asset and the market name.

Read more:

Spam Protection: This release introduces a rate-limiting scheme to prevent clients from attacking the network by spamming the network with requests. Unlike many other systems Vega does not charge a transaction fee; fees are only charged on trades. To prevent spamming, there is a client-side Proof of Work (PoW) mechanism required along with all transaction submissions. The difficulty of the PoW puzzle can be adjusted by governance, and is low for most use-case scenarios. It is automatically increased if a single client submits an abnormal number of transactions.

This rate-limiting is based upon a client-side PoW which is quite different from the PoW term predominantly used for proof-of-work blockchains and associated with high energy consumption.

Read more: Spam protection POW

Checkpoint Improvements: Checkpoints have been simplified. Before, validators would have to have a synchronisation period between nodes in order to reconcile the state from Ethereum when restarting the network from a checkpoint. This was due to the fact that the validators and staking balances were not stored in the checkpoint files.

This data is now stored in the checkpoints, which means that it is now possible to restart from checkpoints asynchronously, which removes the synchronisation period (when feasible). This will become especially important as validator numbers increase and the network sees validators joining and leaving based on stake.

Add Ethereum key rotation support: Vega now supports validators rotating their Ethereum keys. Ethereum keys are required so that validators can allow deposits and withdrawals via the Ethereum bridge. The controller of the bridge is a multisig bundle, and periodically validators will want to change their keys but still be part of the controlling group. This feature allows them to do this with a new transaction type.

Read more: Key management

Liquidity Provision Improvements: Over the last month, the project team has been running a number of community incentives, including around liquidity provision. A number of bugs and enhancements have been introduced as a result of the incentive. These include:

  • In some cases, amending liquidity orders triggered a liquidity auction. This was due to the fact that an order amend was effectively equivalent to a cancel and submit. During investigations it was found that if there was only 1 order on either side of the book, amending it would trigger an auction because, temporarily, there were no orders left
  • A fix has been implemented to ensure that the margin is correctly released when an LP order is cancelled
  • With the introduction of the market decimal places feature (see below), an issue was found related to decimal places and price bounds. This fix ensures that LP orders are adjusted to the min/max price according to the market precision

Tendermint: The current version of Tendermint being used by Vega has a bug where a transaction would pass checkTx but was never added to the memory pool. Tendermint has fixed the bug and the protocol is now able to use sendTx sync successfully. Therefore, if any transactions are rejected by the memory pool an error is raised to indicate why this has happened.

EEF internalising: The Ethereum Event Forwarder is functionality inside Vega that allows the network to be aware of activity on the Ethereum network. When the forwarder service is aware of events, such as the staking or unlocking of tokens, it translates and passes the events to the tendermint blockchain in Vega. Originally this was deployed as a single service alongside the Vega node, with the node needing to be configured to accept events from the forwarder service. This has now been rewritten and internalised into the Vega node, which simplifies the configuration of running a Vega node and makes it easier to deploy. Other benefits of doing this include it being easier to maintain and add future enhancements, which will be described in future release notes.

Data node: In order to have a scalable solution for accessing data, work has begun on migrating the datastore into a postgres with time-series database. Migrations of assets, accounts, markets, market data, orders and trades have been done. The changes have been made to the codebase and live in parallel with the existing solution. As the remaining APIs are migrated and testing is completed, the old datastore and APIs will be removed.

Market decimal places: In this release, the protocol now makes it possible to configure a market for which orders can only be priced in increments of a specific size. This is done by specifying a different (smaller) number of decimal places than its settlement asset supports. To explain this, consider a market that settles in GBP. This market can now be configured to have 0 decimal places so that the price levels on the orderbook will be separated by at least £1, rather than the default £0.01.

Read more: Market decimal places

Offsets for pegged and liquidity commitment orders: The numbers used to offset how far from the reference price a pegged and liquidity provision order (respectively) can now only be input as positive. Whether they need to be added or subtracted from the price will be dependent on the order side.

Read more: Pegged orders

Liquidity provision improvements: The LiquidityProvisionSubmission API was used for submitting, amending and cancelling liquidity provision. To both simplify the code and have a more explicit user experience a breaking change has been implemented to split these into three API commands.

Floating point determinism: Computations within a blockchain-based system need to be deterministic as the application state between nodes replicating it can start to differ potentially resulting in consensus failure. The protocol has been improved so that if the system has a differing floating point value there is a resolution strategy to reach consensus on the value that should be used. This is key due to the fact that validators will be running different hardware that could increase the chances of this happening.

Read more: Floating point consensus

Snapshots: In order to simplify and streamline the process for both restarting or adding a node on the Vega network, the snapshot feature has been implemented. To allow a Vega node to be restarted or join without the need to replay the whole blockchain, a Vega node can load an existing snapshot. Snapshots contain all the network state required to start a node; nodes can use a snapshot stored locally or one created by a different node in the network. Starting a node using a snapshot populates all the state inside the core as if the core had processed the historic blockchain. The node can then start or resume listening to blocks after the snapshot until it gets to the live block height where it will be classed as a normal contributing node. This is a key feature to both ensure the constant availability of the network and for decentralisation.

On-chain treasury: This release also sees the introduction of the on-chain treasury. This is a series of, per asset type, accounts that allows the transfer of the reward types that will be seen when trading is enabled. Part of this change has seen the enabling of transfers between wallets, this allows the reward accounts in the treasury to pay out rewards. With these recurring transfers the reward pools will be distributed in full each epoch. This means that the network parameters for fractional payout and payout delays will be removed. Rewards will be distributed to those staking and providing liquidity, first on testnet, and soon it will be available as a feature validators can release on mainnet.

An on-chain treasury, per asset type, has been implemented where the balance of the insurance pool is transferred when the market closes. To enable this transfers between Vega Wallets has been enabled, this not only is a feature of the on-chain treasury/rewards system but also allows people using the protocol to be able to transfer assets between wallets. With this feature there have been other changes around the rewards system meaning the full amount of the global reward pool will be distributed in all assets at the end of each epoch.

Read more:

Validators joining and leaving, and standby validators: In addition to the consensus validators, there is now functionality on testnet to allow a set of ersatz, or standby validators. These are validators that will not contribute to the chain, but are on standby to jump in if a current validator drops off or their performance drops below a certain threshold. In order to be considered as an ersatz validator, the node operators need to meet certain criteria, including a minimum self-stake as well as stake nominated by other token holders.

Note: The network will be set to allow 0 standby validators for alpha mainnet, and increase the validator numbers via governance as early alpha mainnet progresses.

Read more: Validators chosen by stake

For full detailed information on the changes please see:

Breaking changes

  • Separate endpoints for liquidity provision submissions, amendment and cancellation
  • Disallow negative offset for pegged and liquidity provision orders
  • Add ranking scores and reward score to node
  • Proposals have a new field for the rationale, which is optional for now but will be mandatory in a future release
  • Add support for fractional order sizes
  • Add more data to submit transaction endpoints
  • Scale settlement price based on oracle definition
  • Restructure Ethereum Config to separate staking and vesting contract addresses, plus add block height at which they have been added respectively
  • Rework free form proposal protos so that they align with other proposals
  • Add support for decimal places specific to markets. This means market price values and position events can have different values. Positions will be expressed in asset decimal places, market specific data events will list prices in market precision
  • Remove tick size from market
  • Remove maturity field from future
  • Remove trading mode one-off from market proposal

Versions 0.46.0-0.47.6 combined | 2022-01-11

This release was shared with validators on 11 January, 2022. Validators released it to the mainnet network on 31 January, 2022.

A key theme of this combined release has been improvements to the checkpointing feature; this includes fixes to ensure epochs and other key data is preserved as they should be during checkpoint restarts. In addition to this, the “free-form governance” feature has been implemented. This feature further decentralises the protocol by allowing users to submit a range of governance proposals for community consideration and voting.

The protocol calculates a validator score for each validator. This score is used to set their voting power in Tendermint and determine their reward amounts. The changes introduced in this release mean that the protocol no longer prevents users from delegating to any node, however, an overcrowded node will impact the validator score thus affecting rewards. Further scoring of performance measurements in future releases will bring with it the mechanism to adjust rewards in reflection of validator performance in the network. This is another step in getting the network more decentralised, and open to new validators joining the network.

A “null blockchain” implementation of the protocol has been created. Whilst this has no impact on the validators running the nodes, or users using the network, it’s an important part of our future testing, and validation of the protocol strategy. In fact it’s the first step into building an integrated tool, or suite of tools, in order to simulate networks in various conditions.

For full detailed information on the changes please see:

Version 0.45.6 | 2021-12-22

For full detailed information on the changes please see:

Version 0.45.4 | 2021-11-05

Versions 0.45.0-0.45.2 combined | 2021-10-27

For full detailed information on the changes please see:

Version 0.44.1 | 2021-10-08

For full detailed information on the changes please see:

Version 0.44.0 | 2021-10-07

For full detailed information on the changes please see: