Vigor is a community-governed decentralized autonomous community (DAC) that has built a DeFi lending protocol. It operates on a two-token system: the VIG utility token for fees and governance, and the VIGOR low-volatility payment token. The protocol allows users to take out over-collateralized crypto loans or supply crypto to a lending pool to earn interest. It also features a built-in insurance pool to protect lenders in the event of under-collateralized loan defaults. Originally launched on the EOS blockchain, the protocol has since expanded to the WAX blockchain.

Founded in

Singapore