Badger DAO (BADGER) is a decentralized autonomous organization focused on bringing Bitcoin to decentralized finance (DeFi). Launched in December 2020, Badger DAO builds products and infrastructure to use Bitcoin as collateral across blockchains, especially Ethereum. Its core products include Sett (vaults for tokenized Bitcoin yield strategies) and DIGG (a synthetic Bitcoin token). The project is governed by its community, with all major decisions made through token holder votes. Badger DAO emphasizes open-source development, security audits, and fair token distribution, and has expanded to multiple blockchains including BSC, Polygon, and Arbitrum.

You may ask

What is the main goal of Badger DAO?

Badger DAO’s goal is to integrate Bitcoin into DeFi by creating products that allow Bitcoin to be used as collateral and earn yield on various blockchains.

What are Sett and DIGG?

Sett is a vault product for earning yield on tokenized Bitcoin, while DIGG is a synthetic Bitcoin token on Ethereum, designed to track the price of BTC.

How is Badger DAO governed?

Badger DAO is governed by BADGER token holders, who propose and vote on protocol changes, treasury management, and new product launches.

How does Badger DAO ensure security?

The protocol undergoes regular security audits and has a security committee of white-hat hackers. Community proposals and open-source code further enhance transparency and safety.