Badger DAO (BADGER) is a decentralized autonomous organization (DAO) focused on building products and infrastructure to accelerate the adoption of Bitcoin within the decentralized finance (DeFi) ecosystem. The aim is to bridge the gap between Bitcoin and DeFi, providing users with opportunities to leverage the value and liquidity of Bitcoin in various decentralized applications (dApps).
Badger DAO's native governance token, BADGER, is an ERC-20 token with a fixed supply of 21 million. Badger DAO is community-driven, with a strong emphasis on decentralization and community governance.
BADGER allows holders to participate in decision-making processes within the DAO. BADGER holders can propose and vote on proposals related to protocol upgrades, governance parameters, and allocation of community funds. The token can also be used to earn staking rewards and as collateral on different DeFi platforms. Holding BADGER in your wallet increases your APYs in a select few Vaults as part of the Badger Boost system.
Badger DAO offers a suite of products and services designed to maximize the utility of Bitcoin in DeFi. Vaults allow users to deposit their Bitcoin (BTC) into smart contracts, which are then used as collateral to generate yield through various DeFi strategies such as lending, yield farming, and liquidity provision.
The Badger Bridge enables the seamless movement of assets between different blockchains, allowing users to transfer Bitcoin between the Bitcoin blockchain and Ethereum.
The Badger DAO manages a treasury containing various assets, including BADGER and other tokens. These funds are used to bootstrap liquidity, incentivize contribution to the growth and development of the ecosystem, and fund ecosystem development initiatives.
