I just did my second YouTube Live video talking about #DeFi and #Vigor. Check it out!
Vigor has a really great tutorial that walks you through how each part of the system works:
As you can see in this example, you can use your own collateral to borrow cryptocurrency which you can then sell on the market for more collateral... rinse repeat and the risk increases. I talk about this more in the video above.
What do you think about #DeFi? Do you understand how these systems work? Do you trust them?
Links:
- Vigor Member Client
- VIGOR Protocol - Peer-to-Peer Lending - Borrow, Lend, Insure, Earn
- Reports: Vigor Home
- Reports: Vigor Loans
- Newdex: VIG / EOS market
- Newdex: EOS / VIGOR market
- Coingecko EOS Token
Disclosure: I own all kinds of tokens, including ones mentioned in this video. I was given VIG tokens as an early custodian (a long time ago). I have done work for eosDAC and been paid in EOS and hold EOS as an investor. I also have locked FIO Protocol tokens as part of my position as the managing director there as well.