Specifically, it is an ecosystem where projects and people from across all DeFi can come together to collaborate and build different products. Shared ownership in the DAO incentivizes builders to have aligned objectives. Whilst decentralized governance ensures that those incentives remain fair to all parties and that the projects pursued are determined by the community.
Bitcoin (BTC) is the soundest money ever invented, it is a permissionless decentralized peer to peer payment network with no central authority or middlemen with a fixed supply of twenty one million coins.
Unfortunately, on the Bitcoin Network there is very little you can do with your BTC. This is why an increasing amount of Bitcoin holders are wrapping their BTC on Ethereum or other chains to use finance protocols for earning interest, borrowing against their position, etc.
Despite seeing a gradual increase in the number of BTC holders wrapping their assets, we have barely scratched the surface. Majority of them (>97%) are still sitting on the sidelines!
So why are we not seeing greater adoption?
BADGER is the token of Badger DAO, it is an ERC-20 token and its main utility is to take part in the governance of the DAO and all of its products. It can also be used to earn staking rewards and as collateral on different platforms and chains. Like BTC, it has a maximum token supply of 21 million.
bBadger is an interest-bearing token that you get by depositing your Badger in the Badger single asset sett on Badger. This token is a representation of the Badger deposited on the sett, it is not 1:1 with Badger and as interest are accrued it increases in price against it.
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
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