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Badger DAO is a Decentralized Autonomous Organization (DAO) dedicated to bringing Bitcoin to Decentralized Finance (DeFi).
BADGER is the platform's ERC-20 governance token and has the following use cases:
Governance: BADGER holders can exercise governance over all marketing decisions, protocol parameters, token supply, and any future smart contract changes.
Staking: Users who deposit assets into the platform will be rewarded with BADGER. The longer a user spends in the Vault, the higher the coefficient of the BADGER reward they will receive.
Liquidity mining: Users who deposit tokens (such as BADGER, BADGER/WBTC LP, etc.) in Badger Sett products will receive BADGER tokens as liquidity mining rewards.
Developer Mining: Developers who construct products and Sett Vault strategies will be rewarded with BADGER.
Badger DAO's initial products include:
Sett: Badger DAO's income aggregator product, dedicated to innovation in the best income strategy related to Bitcoin.
Digg: A flexible supply token pegged to the price of Bitcoin, governed by Badger DAO.