COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: What is Badger DAO Token?
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Altcoin News > What is Badger DAO Token?
Altcoin News

What is Badger DAO Token?

In Brief

  • Badger DAO is an open-source, decentralized autonomous organization dedicated to creating products and infrastructure that simplify the use of Bitcoin (BTC) as collateral across multiple smart contract platforms.ContentsWhat is Badger DAO (BADGER)?BADGER Coin ReviewHow to Buy Badger DAO Coin? What is Badger DAO (BADGER)? The platform is a shared space where developers, known as Badge […]
COINTURK NEWS
COINTURK NEWS 1 year ago
Share
SHARE

Badger DAO is an open-source, decentralized autonomous organization dedicated to creating products and infrastructure that simplify the use of Bitcoin (BTC) as collateral across multiple smart contract platforms.

Contents
What is Badger DAO (BADGER)?BADGER Coin ReviewHow to Buy Badger DAO Coin?

What is Badger DAO (BADGER)?

The platform is a shared space where developers, known as Badge Builders, collaborate and apply their skills to use Bitcoin as collateral on as many blockchains as possible. A developer can earn a percentage of fees and BADGER tokens from the developer mining pool for each application. The main network was launched on December 3, 2020.

A creator can be a single developer, a group of developers, or even a company. There are no fixed commitments for participation requirements, and everyone is welcome to participate. Among the foundations of Badger DAO are Badger Builders, community-created products, the Dedicated Badger Operations team, a significant initial distribution of BADGER tokens for governance, and the fact that all code is open source.

Badger DAO has two main products, Sett and DIGG. Badger DAO is a community-focused project, and therefore, any product must first be guided, voted on, and approved by token holders before being developed.

Sett is a decentralized finance (DeFi) resource with flash loan mitigation measures focusing on tokenized BTC through five strategies. When a user deposits money, they can earn a return as the protocol’s smart contract does the work.

To encourage participation, farmers depositing tokenized BTC into the Sett vault earn BADGER and DIGG. A fee of 0.5% is charged to cover gas fees and transaction costs, along with an additional 4.5% cut from the profit.

DIGG is an unregulated synthetic Bitcoin on Ethereum’s blockchain, pegged to the BTC price, with a flexible supply and rebase functionality. Its main goal is to eliminate central third parties.

Additionally, Badger DAO successfully passed its first smart contract audit by the Zokyo audit team without critical issues. Badger DAO also established a security advisory committee consisting of white-hat hackers to regularly review the project’s ecosystem.

BADGER Coin Review

Looking at the comments of investors and analysts, it seems that the Badger DAO project is well-received. However, as it is currently a low-volume coin, investors appear cautious against pump and dump schemes.

How to Buy Badger DAO Coin?

Badger DAO Coin can be purchased quickly and securely through Binance, the world’s largest cryptocurrency trading platform by trading volume.

To buy Badger DAO Coin, one must first register with Binance and then send fiat currency. After sending a fiat currency like dollars, the purchase can be made in the Bitcoin (BTC), Tether (USDT), and BUSD BADGER trading pairs.

Additionally, on Binance, users can place an order to buy at a lower value than the market price. For this, use the Limit tab and simply enter the amount and price you want to buy.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Hyperliquid (HYPE) Captures Investors’ Attention with Skyrocketing Performance

Cryptocurrency Markets Soar as Bitcoin Reaches New Heights

BTCS Amplifies Ethereum Portfolio with a Strategic Pivot

Canary Capital Enhances Solana ETF with Strategic Partnership

Crypto Trends Spark A New Debate Over Future Price Surges

COINTURK NEWS 16 January, 2024 - 10:00 pm 16 January, 2024 - 10:00 pm
Share This Article
Facebook Twitter
Share
Previous Article Bitcoin Price Fluctuates as Investors Prepare for Manta Coin Listing
Next Article Bitcoin Whale Awakens: A Rare Movement of Dormant $2 Billion Worth BTC
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Crypto Market Surge: Bitcoin and Altcoin Price Targets Soar!
Technical Analysis
Bitcoin Shatters Record: Experts Predict Explosive Price Movements and Altcoin Impact
Bitcoin (BTC)
Cryptocurrencies Take Center Stage as U.S. Economic Data Surprises
Cryptocurrency News
Crypto Giants Build Strong Bridges with Traditional Finance
Cryptocurrency News
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?