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About Badger Airdrop
Badger Airdrop is a decentralized autonomous organization (DAO) with a single purpose: build the products and infrastructure necessary to accelerate Bitcoin as collateral across other blockchains. Badger DAO is airdropping a total of 600 DIGG to early users of the Badger DAO app. Early BADGER stakers and liquidity providers who’ve met certain parameters are eligible to receive the airdrop.
Badger DAO is building merchandise to Bring Bitcoin to DeFi via an elastic deliver cryptocurrency pegged to its charge and ruled with the aid of using the Badger DAO. Unlike different elastic deliver cryptocurrencies, DIGG does now no longer attempt to be stable. Instead, it is usually operating to peg towards the contemporary fee of Bitcoin. Across all wallets, the overall deliver is adjusted primarily based totally on call for to mirror the pegged charge of Bitcoin. Its charge is meant to imitate BTC.
|Token Name||Badger Airdrop|
|Total Supply||4,000 DIGG|
|Total value||600 DIGG|
|KYC||KYC Is requirement|
|Whitepaper||Click Here To View|
|Collect Airdrop||Click Here To Collect Free Airdrop|
Visit the Badger DAO airdrop page.
Connect your ETH wallet.
You will see a claim button and your claimable DIGG tokens if you’re eligible.
The snapshot was taken on January 21st.
Early BADGER stakers and liquidity providers who’ve met certain parameters are eligible to claim the rewards. The parameters can be found.
For more information regarding the airdrop, see this Medium post.
Badger DAO: How It Works
The DAO marketplace has improved extra than ever in 2020, with corporations forming DAOs to comply with the trend of network-led governance in their products. It is what DeFi corporations are doing to stay “hip,” and journey the decentralization narrative that the Ethereum network has a tendency to salivate over. Governance tokens are getting the new “software token” from 2017, with constrained functionality, or even much less person retention. All in all, the contemporary bearish marketplace behaviour in September of 2020 is keeping apart the real tasks from the pump-and-dumps, that is a wholesome issue for the industry. This lets in for much less noise to filter whilst a valid assignment with authentic network-bolstering efforts emerges.
The fact is, DAO’s have VERY little network governance participation of their contemporary form. This may be for pretty few motives which includes excessive fueloline fee’s on Ethereum for putting on chain votes, however the extra evident motive is they simply don’t have a experience of shared ownership. They can location a vote however if the individual or organization of people (multi-sig setups) don’t need to make the alternate then the permitted vote doesn’t matter. This is a huge problem.
The sort of DAO that has visible the maximum interest among its individuals are project DAOs. Why? They have pores and skin in the sport and are liable for each a part of the enterprise which includes diligence, sourcing, approvals, investments etc. Metacartel Ventures is an excellent instance of this and they may be main the rate among governance engagement. Product centered DAOs want to comply with in those footsteps and make sure network individuals are concerned in each level of product improvement even as sharing withinside the cost this is created thru those products.
Liquidity Mining Event
- Tokens distributed: $BADGER and $DIGG. $BADGER is the governance token of the DAO and all its products including Digg protocol. $DIGG is an elastic supply cryptocurrency pegged to the price of Bitcoin and is the 2nd product of the DAO. $DIGG’s rebasing function will start after the end of the initial liquidity mining distribution.
- Duration: 10 weeks total. 8 weeks $BADGER + 8 weeks $DIGG but $DIGG starts after week 2 of $BADGER distribution. During the overlap you can mine both tokens by staking in Sett.
The main purpose of $Badger Airdrop is to be used to govern our entire ecosystem including Sett vaults + other products, treasury and operations. This puts token holders in control of the DAO with vested interest to make it sustainable and successful.
Users can stake their $BADGER in the Badger Sett vault to earn additional $BADGER during the 8 week liquidity event and vault fees that come from Setts.
Users can add liquidity to the $BADGER<>wBTC Uniswap pool and stake those in our Sett vault to earn yield and $BADGER.
Mint MEME NFTs —
Next week users will be able to stake their $BADGER on Dontbuymeme.com to mint exclusive Badger + MEME NFT’s and participate in the Honey Badger Pot. Where the first person to collect all 5 NFT’s will be able to claim a pot of $BADGER rewards.