Everything EOS, which is the longest running EOS podcast and the trusted source for all things EOSIO, which is hosted by @BlockchainZack since March 2018 in response to the Vigor Protocol.
The Vigor protocol is a crypto borrow and rewards community powered by the EOS blockchain.
Vigor Protocol: “We are happy to announce that the #VIGOR protocol is now live and open to the public!” Vigor Crypto is a Lending DeFi Application.
Vigor Protocol is a platform to borrow, lend, and insure the decentralized platform and community. It is a turnkey solution to start building DeFi. For those who are looking to build DeFi need to know that the Vigor Protocol provides a freely accessible Decentralized Autonomous Community (DAC), consisting of daily elected 21 Custodian and 100+ candidates who oversee and contribute to the development and maintenance of their completely independent VIGOR Protocol, which is the smart contracts which power VIGOR.
Users Get rewarded VIG tokens by locking their crypto in an insurance pool to back loans or by locking up Vigor in a crypto savings account.
Users will be able to lock up collateral to borrow VIGOR tokens or other cryptocurrencies. Under borrowing even during low volatility the rates are as low as 2% and for crypto loan the rates are as low as 2%
Vigor boasts to be the world’s first completely free and decentralized multi-collateral insured utility token protocol. A job well done attracts its own customer base.
Sydney Ifergan, the crypto expert tweeted: “Hosted on EOSIO blockchain the Vigor Protocol provides reward, reserve, reputation, and decentralized governance. Users are excited about the possibilities of Vigor like borrow, lend, and save.”
The doors to the future of DeFi, powered by the EOS Blockchain are now open and it is for those who are smart to make the best use out of it.
The Vigor Protocol provides excellent features like low-volatility payment token, Fee token, collateral backed, collateral requirement, borrowable stable token, short selling, bailout mechanism, on chain price discovery, risk modeling and compliance, stress test modeling.
For any kind of help that the users might want with the process, there is an extensive FAQ available which covers for different factors like MVP, VIGOR, Crypto Back, Loan in Vigor, low value collateral, EOS as collateral, maximum supply, final reserve, defeating volatility, comparing to other projects and several other questions like why the EOS blockchain.
A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5
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