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Vigor Protocol logo — Vigor is a decentralized Protocol that facilitates crypto le...

Vigor Protocol

Vigor is a decentralized Protocol that facilitates crypto lending and borrowing on EOSIO blockchains.

Founded 2019 Singapore Singapore 2 employees Blockchain, Crypto +1

General Information

Company Name Vigor Protocol
Founded Year 2019
Location Singapore Singapore +1
Employees 2
Industries Blockchain, Crypto, Financial Services
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About Vigor Protocol

Vigor Protocol is a decentralized financial Protocol that facilitates crypto lending and borrowing on the EOSIO blockchain. The project's Protocol revolves around two tokens, VIGOR and VIG. It operates as a DAC (Decentralized Autonomous Community) consisting of the top 21 candidates for custodianship who oversee the protocol's development and maintenance. The protocol is open-sourced, decentralized, and managed by the daily elected custodian candidates. Any VIG holder staking a certain amount may become a candidate for custodial election. VIGOR is a low volatility payment token (LVPT) concerned with jump-to-zero price and volatility risk, enabling the separation and transfer of those risks. Tokens are generated on the platform and backed by cryptocurrencies on the EOS blockchain. VIG is a utility token used to balance and manage the solvency risks within the platform. The project has also sponsored the formation of a company limited by guaranty in Singapore to represent the DAC in the "real" world. Founded in 2019, Vigor Protocol is a leader in the rapidly emerging DeFi (Decentralized Finance) software space.

Taxonomy: Decentralized Finance, Crypto Lending, Cryptocurrency, DeFi Platform, Protocol, Cryptocurrency Backing, Election Process, Business Governance, Token Economics, Smart Contracts, Borrowing and Lending, Cryptocurrency Insuring, Decentralized Governance

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FAQ About Vigor Protocol

Vigor is a decentralized Protocol that facilitates crypto lending and borrowing on EOSIO blockchains.
Vigor Protocol was founded in 2019.
Vigor Protocol is headquartered in Singapore.
Vigor Protocol operates in the following industries: Blockchain, Crypto, Financial Services.
Vigor Protocol has approximately 2 employees.

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