Badger BADGER

1. Summary

Ranks

Liquidity

94

Developer

-

Social

83

Momentum (beta)

46

Stack Rank™

-

Price

$3.33 +5.2%

Market Cap

$66.37M (#513)

Supply

19.93M / 21.00M

Tags

Yield Farming DeFi Governance Yield Aggregator Polygon Ecosystem xDAI Ecosystem Fantom Ecosystem Harmony Ecosystem Arbitrum Ecosystem Ethereum Ecosystem

More Metrics

Price
52W High price	$9.40
52W High date	25th Mar 2024 (4 months ago)
All Time High (ATH) Date	9th Feb 2021 (3 years ago)
ATH Price	$89.08
% From ATH	-95.02%
All Time Low (ATL) Date	10th Jun 2023 (1 year ago)
ATL Price	$1.83
% From ATL	141.94%

Supply & Trading Volume
Trading Volume (24h)	$5.13M
Total Supply	21.00M
Max Supply	21.00M
Circulating Supply	19.93M

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Description

Badger DAO

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Badger DAO

Badger DAO is a decentralized autonomous organization (DAO) that enables bitcoin to be used as collateral across decentralized finance (DeFi) applications on the Ethereum blockchain. It is the first DeFi project to focus on BTC as the main reserve asset rather than using ETH.

History and Features

Badger DAO was launched in December 2020. It operates as infrastructure for the development of DeFi applications and includes the BADGER token. Governance is community-driven, allowing BADGER token holders to propose and vote on decisions related to the platform's development and growth. The platform offers a unique combination of decentralization, community governance, and innovative technology.

Products

• Sett: A DeFi product launched during the early stages of Badger DAO.
• DIGG: Another DeFi product that was part of the initial launch.

Key Functionality

• Decentralization: Decentralized autonomous organization (DAO) where community decisions are made.
• Community Governance: BADGER token holders participate in governance through voting on proposals.
• Integration of DeFi Applications: Infrastructure for developing DeFi applications on the Ethereum blockchain.
• The BADGER Token: Participates in governance and receives fees generated by applications running on the Badger infrastructure.
• Innovative Technology: Leverages the latest blockchain and DeFi technologies.

Token Utility

• BADGER Token: The token supports the growth and development of the project and gives the community a voice through governance.
• Token Holdings and Voting: BADGER holders vote on new proposals for ecosystem growth and development.
• Token Rewards and Distribution: BADGER holders receive a portion of the fees generated by DeFi applications.
• Supply Management: Mechanisms are used to maintain token circulation and prevent rapid appreciation.
• Token Burning: Used to limit the supply of BADGER and promote its value appreciation.

Technical Basis

• Ethereum Blockchain: Used as the underlying infrastructure.
• Badger Wallet: Official storage for tokens and assets.
• Smart Contracts: Used for technical architecture.
• Oracle System: Passes real-time information.
• Liquidity Providers: Ensure token liquidity.

Ecosystem Components

• Badger Wallet: Multi-chain wallet for managing assets and using DeFi applications.
• Badger Vault: Platform for staking and generating DeFi tokens.
• Badger Bridges: Tools for managing assets and performing token swaps across different blockchains.
• Badger DAO: Central body for token holders to vote on proposals.
• Badger Developer Ecosystem: Platform for developers to build and deploy DeFi applications.

Purpose and Focus

• Bitcoin Integration: Focused on integrating Bitcoin into DeFi applications on the Ethereum blockchain.
• Decentralized Growth: Aims to support community-driven growth for Bitcoin across DeFi.

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