Badger DAO is a decentralized autonomous organization (DAO) and token protocol built on the Ethereum blockchain. It aims to bring Bitcoin's liquidity to the decentralized finance (DeFi) ecosystem. Badger DAO provides a range of products and services designed to bridge the gap between Bitcoin and Ethereum, enabling users to leverage their Bitcoin holdings in the DeFi space.
The Badger ecosystem revolves around its native token called BADGER. BADGER token holders have governance rights within the DAO, allowing them to vote on proposals and participate in decision-making processes. The DAO also offers yield-farming opportunities through "Setts," which are smart contract vaults designed to maximize yield through automated strategies.
Additionally, Badger DAO has developed the Badger Bridge, which is a trustless bridge allowing users to transfer their Bitcoin to the Ethereum network to participate in applications and earn yield. This serves as a crucial link between the two major blockchain networks.
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