I just did my second YouTube Live video talking about #DeFi and #Vigor. Check it out!
As you can see in this example, you can use your own collateral to borrow cryptocurrency which you can then sell on the market for more collateral... rinse repeat and the risk increases. I talk about this more in the video above.
What do you think about #DeFi? Do you understand how these systems work? Do you trust them?
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Disclosure: I own all kinds of tokens, including ones mentioned in this video. I was given VIG tokens as an early custodian (a long time ago). I have done work for eosDAC and been paid in EOS and hold EOS as an investor. I also have locked FIO Protocol tokens as part of my position as the managing director there as well.
