Badger DAO is an open-source, decentralized automated organization that is dedicated to building products and infrastructure of simplifying the use of Bitcoin (BTC) as collateral across many smart contract platforms.

The platform is a shared space where the developers, known as Badge Builders, have the ability to collaborate and implement Bitcoin as collateral to as many blockchains as possible. A developer can earn a percentage of the fees and BADGER tokens from the developer mining pool for every implementation. The mainnet was launched on December 3, 2020.

A builder can be a single developer, a group of developers, or even a company. There are no fixed obligations to participation requirements, and anyone can create. The pillars of Badger DAO include the Badger Builders, the community-created products, the Dedicated Badger Operations team, the fairly initial distribution of the BADGER tokens for governance and the fact that all of the code is open-sourced.

The founder of Badger DAO is Chris Spadafora. He is a long-term crypto enthusiast, investor, and partner at Angelrock.

Badger DAO has two main products: Sett and DIGG. Badger DAO is a community-driven project; as such, before any products are developed they first need to be pitched to, voted on and approved by token holders.

Sett is a decentralized finance (DeFi) aggregator that has flash loan mitigation measures focused on tokenized BTC through five strategies. Once a user makes a deposit, they can earn a yield as the protocol’s smart contract does the work.

In order to incentivize this participation, farmers that deposit tokenized BTC into the Sett vault earn BADGER and DIGG. Aside from a 0.5% fee, an additional 4.5% is deducted from the profits to cover gas and transaction costs.

DIGG is a non-custodial synthetic Bitcoin on Ethereum’s blockchain that is pegged to the price of BTC with a flexible supply and a re-base function. Its main goal is to remove centralized third parties.

Badger DAO (BADGER) has a circulating supply of 7,339,511 tokens as of March 2021 and a maximum supply of 21,000,000 BADGER.

Badger DAO has passed the initial audit of its smart contracts by the Zokyo audit team with no critical issues found.

Badger DAO has established a security advisory committee that is composed of white hat hackers that regularly review the project’s ecosystem. Badger DAO also has plans to develop incentives that will reward public peer reviewers and to launch a bug bounty program.

Badger DAO (BADGER) can be bought or sold on the following exchanges:

• Binance
• Huobi Global
• OKEx
• FTX
• ZT

If you are new to trading cryptocurrencies, feel free to read our guide on how to buy Bitcoin (BTC) here.

The all-time high of BADGER was 89.50 USD on 2021-02-09, from which the coin is now down 97.00558659217876%. The all-time high price of Badger DAO (BADGER) is 89.50. The current price of BADGER is down 97.00558659217876% from its all-time high.

As of , there is currently 20.29M BADGER in circulation. BADGER has a maximum supply of 21.00M.

The current market cap of BADGER is 54.36M. It is calculated by multiplying the current supply of BADGER by its real-time market price of 2.68.

The all-time low of BADGER was 1.91 , from which the coin is now up 40.314136125654464%. The all-time low price of Badger DAO (BADGER) is 1.91. The current price of BADGER is up 40.314136125654464% from its all-time low.

Badger DAO (BADGER) has a market capitalization of $54.36M and is ranked #575 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Badger DAO (BADGER) price trends and patterns to find the best time to purchase BADGER.