Badger DAO is a Decentralized Autonomous Organization (DAO) dedicated to integrating Bitcoin into Decentralized Finance (DeFi).
BADGER is the platforms ERC-20 governance token, which has the following use cases:
Governance: BADGER holders can govern all marketing decisions, protocol parameters, token supply, and any future smart contract changes.
Staking: Users who deposit assets into the platform will receive BADGER rewards. The longer users stake in Vaults, the higher the coefficient of BADGER rewards they receive.
Liquidity Mining: Users who deposit tokens (such as BADGER, BADGER/WBTC LPs, etc.) into Badger Sett products will receive BADGER tokens as liquidity mining rewards.
Developer Mining: Developers who build products and Sett Vault strategies will receive BADGER rewards.
Badger DAOs initial products include:
Sett: Badger DAO’s yield aggregator product, focused on innovating with the best yield strategies related to Bitcoin.
Digg: An elastic supply token pegged to the price of Bitcoin, governed by Badger DAO.