Badger — A Decentralized Autonomous Organization (DAO) Focused on Bringing Bitcoin to DeFi
👉 Explore Badger DAO
Badger DAO is a community-driven decentralized autonomous organization dedicated to integrating Bitcoin into decentralized finance (DeFi). Its core products include Sett, a yield aggregator, and Digg, an elastic-supply currency pegged to BTC.
Key Metrics of Badger DAO
| Metric | Value |
|---|---|
| Recent Price | $59.43 |
| Market Cap | $140,933,254.70 |
| Circulating Supply | 2,318,032 BADGER |
| Max Supply | 21,000,000 BADGER |
About Badger Finance
Badger Finance operates as a community DAO, prioritizing Bitcoin’s role in DeFi. Key components include:
- Badger DAO: Governed via an Aragon DAO with a liquid governance token ($BADGER).
- Sett: A yield aggregator optimizing Bitcoin-centric strategies.
- Digg: An elastic-supply currency tied to BTC, powered by Ampleforth’s protocol.
- Token Distribution: $BADGER and $DIGG are distributed via airdrops to active Bitcoin DeFi participants and early DAO contributors.
- Assistants: Backend services (oracles, monitors) ensuring system updates.
👉 Learn more about Badger’s ecosystem
Governance and Structure
Badger DAO’s governance parameters:
| Parameter | Description | Value |
|---|---|---|
| Support | Minimum "Yes" votes for proposal approval | 50% |
| Minimum Approval | % of total token supply required to pass | 10% |
| Voting Duration | Timeframe for open voting | 7 days |
Key Apps
- Voting: Proposal creation and participation.
- Token Manager: Manages $BADGER supply.
- Finance: Handles treasury assets (ETH/ERC-20).
- Agent: Interacts with external smart contracts (e.g., Uniswap liquidity pools).
Community and Social Channels
FAQ
Q: What is Badger DAO’s primary goal?
A: To accelerate Bitcoin’s use as collateral across blockchains through collaborative, community-driven products.
Q: How is $BADGER distributed?
A: Via airdrops to active Bitcoin DeFi users and DAO contributors, plus staking rewards.
Q: What makes Digg unique?
A: Its elastic supply adjusts dynamically to maintain a BTC peg, similar to Ampleforth’s model.
Q: Can anyone propose Badger DAO products?
A: Yes—community members pitch ideas, which undergo voting for approval and funding.
Q: Is Badger DAO’s code open-source?
A: Absolutely, ensuring transparency and community collaboration.