VIG price

VIG

Vigor protocol is a unique and entertaining defi lending platform where the APY rates for crypto borrowing and lending are interactive and responsive.

VIG is the system utility token which is used as a governance token, fee token, reserve asset, and provides access to the platform and features including a crypto credit score.

Vigor protocol is an institutional grade financial engineering defi lending platform delivering autonomous price discovery between crypto lenders and borrowers. The system solvency updates in real time based on user borrow and lend activity. The protocol is an innovation into the price discovery of the default risk premium embedded in token prices considering capital adequacy of the platform and risk budgeting. Failed loans are handled using a low friction bailout and recapitalization method where lenders earn to provide loan insurance.

The protocol features a stable payment token called VIGOR designed to have low price volatility when stated in dollar terms.