What is Badger DAO?
Badger DAO (BADGER) is an open source decentralized autonomous organization (DAO) providing yield aggregation and yield farming infrastructure focused on simplifying the use of Bitcoin collateral across smart contract platforms. Badger DAO offers its users two essential products: Sett- a Bitcoin focused yield aggregator, and DIGG- an elastic supply token pegged to the price of Bitcoin governed by the Badger DAO community.
Users who stake BADGER, the platform's native ERC-20 governance token, gain voting rights for potential changes to be made to the platform such as marketing decisions, token supply, protocol parameters, and any other smart contract change proposals while simultaneously earning rewards paid in BADGER for their help securing the network. Badger DAO platform also features airdrops, an arcade platform, and a BTC to renBTC bridge utility. Additionally, users may deposit BADGER or BADGER paired liquidity tokens (LP) to Badger Sett pools or vaults to earn farming rewards. Users providing liquidity to Badger CRV (Curve Finance) vaults can use their vault positions to further mint Badger ibBTC interest-bearing Bitcoin.