The Vega network has been upgraded with two significant changes:
⭐️The launch of the Vega <> Arbitrum bridge and
⭐️The implementation of cross-chain deposits via Squid, powered by Axelar.
The Vega <> Arbitrum bridge reduces gas fees for deposits and withdrawals of Arbitrum ERC20 assets, making it more cost-effective for users to access the Vega network.
Additionally, users can now easily deposit and withdraw assets from any EVM-compatible blockchain supported by Squid and automatically swap them to USDT or another asset supported by Vega, expanding the network's user base and market creation capabilities.
