. What is Badger DAO (BADGER)? Here is the Crypto Currency BADGER Token in All Details
In this article, What is Badger DAO (BADGER)? We will answer the question and try to present details about the project.
What is Badger DAO (BADGER)?
Badger DAO is a Decentralized Autonomous Organization (DAO) that focuses on bringing Bitcoin to Decentralized Finance (DeFi).
Badger DAO’s early products include:
Sett: Badger is DAO’s return aggregator product that focuses on innovating on the best Bitcoin-related return strategies.
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Digg: A flexible supply token pegged to the bitcoin price and managed by the Badger DAO.
BADGER is DAO’s ERC-20 governance token with the following use cases:
Management: BADGER holders can manage all marketing decisions, protocol parameters, token provision and future smart contract changes.
Staking: Users who invest assets in the platform will be rewarded with BADGER. The longer users stake in the vaults, the higher the multiplier of BADGER rewards they will receive.
Liquidity Mining: Users who deposit tokens in the Badger Sett product (e.g. BADGER, BADGER / WBTC LP, etc.) will earn BADGER tokens as liquidity mining rewards.
Developer Mining: Developers who configure products and Sett Vault strategies will earn BADGER.
As of March 2, 2021, BADGER’s total supply is 21,000,000 and the current circulating supply stands at around 11.04%.
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