For many people who purchased EOS in the pre launch sale, myself included, the EOS story and performance has been, well, pretty lack luster. Even today its trading at $2.550 which is a long way away from where I and many others purchased it. I moved a lot of my own mining rewards into EOS hoping it would be the next big thing. To date it really has just been a disappointment. Yes, yes, I can hear you all now, investing is no guarantee of return. Of course it isnt. So I decided to lock my EOS away in REX. I have had EOS in REX for over a year and decided I should look at my return...
As you can see its a pretty poor roi considering the initial investment in EOS.
But then today I received a mail to tall me about Vigor. Now, take the rest of this with a pinch of salt as I am not a financial expert nor advisor. In fact, you could almost use my as your canary and avoid any advice I give on investing.
Now the disclaimer is out of the way lets press on.
The Vigor platform offers loans out on eos much like REX, best I can tell. But the difference here is we can see the APR on loans issued. So why not have a look at it?
Today I powered down my REX and when they have matured I'll get to see the amazing boost my EOS have received from this long term investment. Once that is done I will sell the rex back to EOS and then move to the Vigor protcol and lend them out.
Already the interest rate on the site is better. So I guess we'll just have to wait and see how this evolves.
But there is more:
When you lend EOS, you receive:
REX rewards
Proxy rewards
Rewards for lending
This is because you are providing the second layer to back loans.
Currently the VIG token is trading at $0.00670713 but it has reached .01517... in the past 9 months. So this could be a good place to start earning VIG?
There are a whole host of support channels for Vigor, I've listed some of these below.
Vigor Official Channels
- Vigor Protocol DeFi Lending Application: https://app.vigor.ai
- Vigor DAC and Member Client: https://dac.vigor.ai/
- Vigor Stats https://stats.vigor.ai
- Vigor Documentation https://docs.vigor.ai/
- Vigor Faq https://vigor.ai/faq
- Medium: https://medium.com/@vigordac
- YouTube: Vigor Protocol
- YouTube: Vigor DAC
- Twitter: https://twitter.com/vigorprotocol
- Telegram https://t.me/vigorprotocol
- Telegram https://t.me/vigorsupport
EDIT: Here is a handy ty video to show you more!
Posted Using LeoFinance