Get to Know: Badger DAO (BADGER)

Get to Know: Badger DAO (BADGER)

As we know, assets are often siloed within exchanges, and trading platforms, Badger DAO (BADGER) aims to break down these barriers and create new economic opportunities for all. Badger’s ultimate goal is to decentralize financial infrastructure and power the global digital economy with Bitcoin.

In this article let us get to know what Bager DAO is, its unique features, and what you can expect from it in the future.

What is Badger DAO?

Badger DAO (BADGER) is a decentralized autonomous organization that is governed by its members, who have skin in the game through the Badger token. Badger DAO (BADGER) was founded in 2019 by a team of experienced developers, traders, and financial professionals. The Badger team is headquartered in San Francisco, California.

The Badger team launched the Badger token sale in December 2019, raising $5 million from investors, including Polychain Capital, Paradigm, Amplify Ventures, and others.

In 2020, Badger DAO launched the Badger Sett v1.0 on mainnet, which is a decentralized liquidity pool that allows users to earn a yield on their digital assets. In March 2021, Badger DAO launched Badger Build v0.1 on mainnet, which is a suite of developer tools that allow developers to create Badger-enabled applications easily.

What does Badger DAO Aim to Do?

Badger DAO (BADGER) aims to break down silos between exchanges and trading platforms and create new economic opportunities for all. Badger is committed to creating an ecosystem that provides liquidity, risk management, and yield-generating opportunities for its members.

More Badger DAO Resources:

  • Badger White Paper: This document outlines Badger’s vision, roadmap, and technical details.
  • Badger Website: Stay up to date with Badger news, events, and announcements.
  • Badger Github: Access Badger’s code repositories.
  • Badger Twitter: Follow Badger on Twitter for the latest updates.
  • Badger Telegram: Join the Badger community on Telegram.
  • Badger Reddit: Subscribe to the Badger subreddit for regular updates.

By getting to know Badger DAO (BADGER), you can support Badger in its goal to decentralize finance and power the global digital economy with Bitcoin.

The following resources will help you become updated on the goals of Badger (DAO) and how they will aim for it.

What are the Benefits of Badger DAO?

The Badger team has a wealth of experience in the cryptocurrency space and is well-positioned to provide liquidity, risk management, and yield-generating opportunities for its members.

Here is a list of benefits of using Badger (DAO)

  • Badger (DAO) is decentralized, autonomous, and governed by its members: Badger (DAO) has skin in the game through the Badger token.
  • The Badger team has a wealth of experience: The Badger team is made up of experienced developers, traders, and financial professionals who are passionate about driving the adoption of Bitcoin and other digital assets.
  • Badger (DAO) plans to establish an ecosystem: Badger (DAO) wants to create an ecosystem in that members can benefit.
What are the Risks of Badger DAO?

Badger DAO (BADGER) is a new organization, and as such, it faces the same risks as any other new organization.

Here is what you should consider before investing in Badger (DAO):

  • Badger (DAO) is a new organization: Badger (DAO) is a new organization, and as such, it faces the same risks as any other new organization.
  • Badger (DAO) faces regulatory risk: Badger (DAO) is subject to regulatory risk, as it is unclear how various jurisdictions will regulate Badger (DAO).
  • Badger (DAO) is an experimental project: Badger (DAO) is an experimental project, and as such, it faces the same risks as any other experimental project.
  • Badger (DAO) may not achieve its objectives: Badger (DAO) may not achieve its objectives, and as such, your investment may not yield the expected return.

Before investing in Badger (DAO), you should carefully consider the risks listed above. You should also consult with a financial advisor to ensure that you understand the risks involved in investing in Badger (DAO).

Badger (DAO) Price

Badger (DAO) is currently trading at $0.0117 and has a market cap of $1,267,289. Its circulating supply is 108,333,333 BADGER, and its max supply is 109,999,999 BADGER. Badger (DAO) is down 0.67% over the past 24 hours and is down 2.86% over the past seven days.

The Hong Kong dollar Badger (DAO) is currently trading at HK$0.09 and has a market cap of HK$10,136,290.

Badger (DAO) is an open-source project, and as such, it does not have a specific price. Badger tokens are traded on various exchanges, and the price of Badger (DAO) will fluctuate based on supply and demand.

How to Buy Badger DAO

Token holders can use Badger (DAO) to vote on proposals and participate in governance. If you would like to purchase Badger (DAO), it is already very quick and easy.

Here are the steps you can follow to purchase Badger DAO:

  • Step 1: First, you need to have a digital wallet that supports ERC-20 tokens. Badger (DAO) is an ERC-20 token, and as such, it can be stored in any wallet that supports ERC-20 tokens. Some popular wallets that support ERC-20 tokens are MyEtherWallet, MetaMask, and Trust Wallet.
  • Step 2: Once you have a digital wallet that supports ERC-20 tokens, you will need to purchase some Ethereum (ETH). It can be purchased with ETH. If you do not already own ETH, you can purchase ETH on exchanges such as Coinbase, Binance, or Kraken.
  • Step 3: Once you have ETH, you can now purchase Badger (DAO) on exchanges that support it. Some popular exchanges that support Badger (DAO) are Binance, Huobi Global, and OKEx. Badger (DAO) is also listed on many other smaller exchanges.
  • Step 4: After you have purchased Badger (DAO), you can now store it in your digital wallet. It can be stored in any wallet that supports ERC-20 tokens.

Badger (DAO) can be purchased on the following exchanges:

  1. Binance
  2. Huobi
  3. OKEx
  4. BitfinexGate.io
  5. Coinbase
  6. ProKraken

Badger (DAO) is also listed on the following exchanges:

  1. Bithumb
  2. Bitfinex
  3. Hit
  4. BTC
  5. Huobi Global
  6. OKExCoinone
  7. Upbit

Badger (DAO) can be purchased with Bitcoin, Ethereum, USDT, and other major fiat currencies.

 How to Sell Badger (DAO)

As it can be sold on any exchange that supports ERC-20 tokens. When selling Badger (DAO), you will need to have a digital wallet that supports ERC-20 tokens. The total value locked in Badger (DAO) is currently $1.3 million.

Tokenized bitcoin on Badger (BADGER) allows you to stake Badger and earn rewards in both Badger and bitcoin. When selling Badger, you will first need to convert your Badger into ETH or BTC. You can then sell ETH or BTC on exchanges such as Coinbase, Binance, or Kraken.

Smart contracts are immutable, and as such, Badger (DAO) cannot be sold.

Badger Roadmap

The Badger team has released a roadmap for the project.

The Badger team is currently working on the following:

  1. Implementing support for staking Badger and earning rewards in both Badger and bitcoin
  2. Adding support for ERC-721 tokens
  3. Working on a mobile wallet for Badger (DAO).

This is a roadmap, and as such, the Badger team may or may not achieve all of the above goals.

Badger (DAO) Price Prediction 2019

Badger (DAO) is a new project, and as such, it is very hard to predict the price of Badger (DAO) for 2019. Badger (DAO) could potentially rise in price if the project is successful in achieving its goals. However, Badger (DAO) could also potentially fall in price if the project is not successful.

Badger Partnership

Badger has partnered with MakerDAO to provide liquidity for the Badger (DAO) token. Badger has also partnered with Kyber Network, 0x, AirSwap, and Paradex.

This partnership helped Badger to list the Badger (DAO) token on Binance, Huobi, OKEx, and other major exchanges.

Conclusion

A decentralized finance (DeFi) project that focuses on providing liquidity for the Badger (DAO) token. There are still a lot of unknowns about Badger (DAO), but its potential price could rise if the project is successful in achieving its goals.