In DeFi, You Need Vigor- Waiting For Launch Tomorrow
DeFi or Decentralized Finance is the latest craze in crypto. There are so many options and promises of quick returns and true decentralization. A lot of this market is being steered by centralized exchanges with hardly any transparency or user control. It is also fraught with volatility and scams. That's why in DeFi we all need vigor. VIGOR is a DeFi platform that is truly transparent and easy to use. This market can be hard to negotiate and realize a profit but if you have Vigor you will prevail!
The Vigor protocol has been around for a couple of years but it has been restricted to VIG stakers in Vigor DAC. That all is changing! I have great news! We can all have Vigor starting tomorrow, September 15, 2020! That's right! The exact thing we all need to take control of DeFi is gonna be available to all of us. Don't miss out on this opportunity. Here's what you need to know.
Vigor Introduction
The Vigor Protocol is a decentralized and fully automated borrow, lend, and Insure application on the EOS blockchain which allows users to unlock the value of their crypto.
The Protocol employs a two-token system; the fee-utility token VIG and the low volatility VIGOR token backed by a pool of overcollateralized cryptocurrencies. Users can deposit crypto into the lending/insurance pool for rewards or deposit VIGOR into savings for rewards.
VIGOR is a crypto-backed low volatility payment token utilizing the EOS blockchain. VIGOR is transparently backed by a pool of VIG tokens, and incentivizes users to deposit enough crypto collateral, so that even during stressed markets, the price defeats volatility. VIGOR has a maximum supply of 100,000,000.
VIG is a utility token used for fees, to provide access to the system, and to be used as a final reserve. VIG premiums are recieved as a reward by lenders and savers on the VIGOR platform. There is also some VIG locked up in the final reserve which will aid in supporting the protocol and help to absorb market shocks. VIG has a maximum supply of 1,000,000,000The Vigor Protocol is a decentralized and fully automated borrow, lend, and Insure application on the EOS blockchain which allows users to unlock the value of their crypto. The Protocol employs a two-token system; the fee-utility token VIG and the low volatility VIGOR token backed by a pool of overcollateralized cryptocurrencies. Users can deposit crypto into the lending/insurance pool for rewards or deposit VIGOR into savings for rewards. VIGOR is a crypto-backed low volatility payment token utilizing the EOS blockchain. VIGOR is transparently backed by a pool of VIG tokens, and incentivizes users to deposit enough crypto collateral, so that even during stressed markets, the price defeats volatility. VIGOR has a maximum supply of 100,000,000. VIG is a utility token used for fees, to provide access to the system, and to be used as a final reserve. VIG premiums are recieved as a reward by lenders and savers on the VIGOR platform. There is also some VIG locked up in the final reserve which will aid in supporting the protocol and help to absorb market shocks. VIG has a maximum supply of 1,000,000,000
Vigor Whitepaper
VIGOR is a crypto-backed decentralized stablecoin on the EOS blockchain that tracks the US dollar. You can stake your volatile crypto for VIGOR stablecoin.
Users on Vigor can do the following:
• Income– earn income on EOS native tokens by escrowing them for use as insurance assets that back stablecoin loans.
• Leverage– get up to 10x leveraged exposure to token prices by taking secured stablecoin loans followed by selling it for EOS.
• Hedge– token holders can redu`ce exposure to prices by taking secured stablecoin loans followed by hodling stablecoin, effectively overlaying a put option on the crypto.
Vigor Landing Page- Where to start.
Vigor DAC- The decentralized autonomous organization that manages the Vigor Protocol. Anyone can participate and it is completely transparent.
Vigor FAQs- Everything you need to know.
I just deposited USDT for lending this morning, also called insurance and I have already earned VIG! You need VIGOR in DeFi! Trust me!
Disclaimer- I am a candidate for Vigor Custodian. Please vote for me in the Vigor DAC. My account is giytgojvg4ge. Thank you.
Donny Letson, Shadowcrypt
The Procryptic