Badger DAO priceBADGER#1159
3.09% (24h)
Badger DAO to USD Chart
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Badger DAO statistics
- SpotSpot
- DerivativesDerivatives
- Market cap
- $5.21M
3.09%
- Volume (24h)
- $20.81K
268.8%
- Vol/Mkt Cap (24h)
- 0.399%
- FDV
- $5.51M
- Liq/Mkt Cap
- 69.50%
- TVL
- $10.64M
- Market Cap/TVL
- 0.4899
- Total supply
- 21M BADGER
- Circulating supply
- 19.88M BADGER
- Holders
- 34.27K
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What Is Badger DAO (BADGER)?
Badger DAO is an open-source, decentralized automated organization that is dedicated to building products and infrastructure of simplifying the use of Bitcoin (BTC) 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.
Who Are the Founders of Badger DAO?
What Makes Badger DAO Unique?
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.
DIGG is a non-custodial synthetic Bitcoin on Ethereum’s blockchain that is pegged to the price of BTC with a flexible supply and a re-base function. Its main goal is to remove centralized third parties.
How Many Badger DAO (BADGER) Coins Are There in Circulation?
How Is the Badger DAO Network Secured?
Badger DAO has passed the initial audit of its smart contracts by the Zokyo audit team with no critical issues found.
Badger DAO has established a security advisory committee that is composed of white hat hackers that regularly review the project’s ecosystem. Badger DAO also has plans to develop incentives that will reward public peer reviewers and to launch a bug bounty program.
Where Can You Buy Badger DAO (BADGER)?
Related Pages:
Learn about SunContract.
Learn about Verge.
Learn about Hashmasks on CMC Alexandria.
Become more familiar with the crypto world with the CoinMarketCap blog.
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Current USD spot price for Badger DAO. Optimized for low latency and minimal payload - the fastest way to get a price into your app.
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Returns the latest market quote for Badger DAO. Use the "convert" option to return market values in multiple fiat and cryptocurrency conversions in the same call.
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--header 'X-CMC_PRO_API_KEY: YOUR_API_KEY'Popular Real World Assets
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Badger DAO Price Live Data
The live Badger DAO price today is $0.262440 USD with a 24-hour trading volume of $20,811.88 USD. We update our BADGER to USD price in real-time. Badger DAO is down 3.09% in the last 24 hours. The current CoinMarketCap ranking is #1159, with a live market cap of $5,217,443 USD. It has a circulating supply of 19,880,518 BADGER coins and a max. supply of 21,000,000 BADGER coins.