Everything about BADGER (Badger DAO) cryptocurrency :
Badger DAO
Badger DAO is an open-source, decentralized automated organization that is dedicated to building products and infrastructure of simplifying the use of Bitcoin as collateral across many smart contract platforms.
1. Project introduction
Badger DAO is an open-source, decentralized automated organization that is dedicated to building products and infrastructure of simplifying the use of Bitcoin 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.
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.
2. Investment institution
Blockchain Caiptal, Polychain Capital, ParaFi Capital, etc.
3. Distribution
The maximum supply of BADGER is the same as Bitcoin, which is fixed at 21,000,000. The distribution of tokens is as follows.
Liquidity mining: 4.83 million
Developer Mining: 3.15 million
DAO Treasury: 240 million
Bitcoin Core developer. 420k
Community airdrop: 3.15 million
founding team: 2.1 million
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