Badger is a DAO committed to building infrastructure and products to accelerate Bitcoin in DeFi. The goal is to be the one app for all things BTC in DeFi: mint, borrow, swap, yield, elasticity and liquidity.
Badger’s fundamental product is the Sett vault. Users can deposit different types of tokenised Bitcoin (wbtc, tbtc, renbtc, sbtc etc.) to generate auto yield. Setts automatically execute yield producing tactics to adjust returns and reduce costs. There is no minimum deposit amount or time.
Badger’s second product is DIGG, a rebasing Bitcoin. An elastic supply cryptocurrency that’s pegged to Bitcoin. Through its vault tactics Badger is attempting to make the price of DIGG stable to be closer to its target BTC price daily.
Badger token controls the DAO plus its treasury and all of its products. As a community run capability, token holders decide everything and truly have shared ownership. Their goal is to be a domain for all of the best builders in the industry to come together and build products we need for Bitcoin.