Vantage is a flexible multipurpose theme. Its strength lies in its tight integration with some powerful plugins like Page Builder for responsive page layouts, Smart Slider 3 for big beautiful sliders and WooCommerce to help you sell online. Vantage is fully responsive and retina ready. Use it to start a business site, portfolio or online store.
I think let's put this setting at Theme Settings > Blog after the Blog Archive Layout setting.
Blog Archive Title Prefix Display the archive page title prefix, e.g., Category Archives.
Ref: https://www.grammarly.com/blog/know-your-latin-i-e-vs-e-g/