No you cannot borrow against your tokens if you have the money in a yield aggregating vault. They pool the money, saving transaction fees and giving better return by optimally compounding.
I've been using Venus to borrow, and things should go decently well if prices hold steady.
Oh, and there is supposed to be an airdrop of $VRT (new reward token on Venus) if you stake $XVS. I'm not sure if staking in acryptos would entitle you to that airdrop, but that might be something to keep in mind.
it’s a yield aggregator, that does optimal compounds in a vault. So you don’t have to manually compound. see https://autofarm.network/ and https://app.acryptos.com/
Does that mean I can still borrow against my tokens, or do you mean acryptos offers a higher return on the $XVS token specifically?
No you cannot borrow against your tokens if you have the money in a yield aggregating vault. They pool the money, saving transaction fees and giving better return by optimally compounding.
Ah, that makes sense.
I've been using Venus to borrow, and things should go decently well if prices hold steady.
Oh, and there is supposed to be an airdrop of $VRT (new reward token on Venus) if you stake $XVS. I'm not sure if staking in acryptos would entitle you to that airdrop, but that might be something to keep in mind.