What is Badger DAO?
#Badger #DAO is a #decentralized #automated #organization that simplifies the use of #Bitcoin (BTC) as collateral on many smart contract platforms.
↘️What is Badger DAO (BADGER)?
The platform is a shared space where developers known as Badge Builders have the ability to collaborate and apply Bitcoin as collateral to 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 builder; it could be a single developer, a group of developers, or even a company. There are no fixed obligations for participation requirements and anyone can participate. The foundations of Badger DAO include Badger Builders, community-created products, the Dedicated Badger Operations team, the fairly first distribution of BADGER tokens for governance, and the fact that all the code is open source.
Badger DAO has two main products, #Sett and #DIGG. Badger DAO is a community-driven project and therefore must first be guided, voted and approved by token holders before any product is developed.
#Sett is a decentralized finance ( #DeFi) resource with flash credit mitigation measures focused on tokenized BTC with five strategies. When a user deposits money, the protocol's smart contract can earn a return as it does the job.
To encourage this participation, farmers who deposit tokenized BTC in Sett vault earn BADGER and DIGG. In addition to a 0.5% fee to cover gas fee and transaction costs, an additional 4.5% deduction from profits is made.
DIGG is an unsupervised synthetic Bitcoin on Ethereum's blockchain, fixed at the BTC price with a flexible supply and re-base function. Its main goal is to eliminate central third parties.
In addition, Badger DAO passed the initial audit of its smart contracts by the Zokyo audit team without any critical issues. In addition, Badger DAO set up a security advisory committee made up of white-hat hackers that 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 loved. However, as it is currently a low volume coin, investors seem to be cautious about pump and dump movements. Let's take a look at the current figures of BADGER in order to understand the investors' approaches more clearly.
At the time of writing, it is seen that the Badger DAO Coin ranks 299th in terms of market volume with $ 101,133,902 according to the transaction at $ 11.26. It is also worth noting that the Badger DAO saw the bottom with $ 2.77 on December 5, 2020, and a record $ 89.50 on February 9, 2021.
According to the statements, there are currently 8,980,573.37 Badger DAO Coins in circulation and the total number will be 21,000,000 BADGER Coins.
How to Buy Badger DAO Coin?
Badger DAO Coin can be purchased quickly and securely through Binance , the world's largest cryptocurrency trading platform in terms of transaction volume .
To purchase Badger DAO Coin, you first need to become a member of Binance and then send fiat money. After sending a fiat money such as Turkish Lira or dollar, a purchase can be made in Bitcoin (BTC), Tether (USDT) and BUSD BADGER transaction pairs where the Badger DAO Coin is traded.
In addition, on Binance , users can make purchases at the desired price by placing a purchase order not only at market value but also at a lower value. For this, it will be enough to use the Limit tab and enter the amount you want to buy and the price you want to buy