Buy Badger DAO (BADGER)
What is Badger?
Badger, also known as BadgerDAO, is an open-source, decentralized autonomous organization (DAO) that enables tokenized BTC to be used as collateral for DeFi applications. It operates on the Ethereum blockchain and issues the BADGER token, which is an ERC-20 type.
How does Badger work?
Badger functions by integrating tokenized Bitcoin (WBTC or renBTC) into the DeFi ecosystem on Ethereum. It utilizes smart contracts that are regularly audited for security, and a decentralized governance structure that allows token holders to vote on proposals. The platform supports liquidity mining and operates products like the Sett Vaults and Digg to enable earning returns on Bitcoin investments and to administer pegged tokens.
What are the potential use cases for Badger?
Badger's primary use cases include enabling Bitcoin as collateral in DeFi applications, liquidity mining, and acting as an automated DeFi aggregator. It aims to bridge traditional finance with DeFi by facilitating institutional investments and offers staking and borrowing services. Its partnerships with entities like Fireblocks enhance its applications within the DeFi and institutional finance sectors.
What is the history of Badger?
Badger was founded in September 2020 by Chris Spadafora, Ameer Rosic, Albert Castellana, and Alberto Cevallos. It has reached significant milestones like launching products such as Sett Vaults and Digg, and achieving over $1 billion in total value locked (TVL). Despite a notable security incident in December 2021, the platform has continued to grow and develop, focusing on decentralized governance and DeFi integration.
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Frequently Asked Questions (FAQs)
What is the current price of Badger DAO (BADGER)?
The Badger DAO price is $6.0839 AUD, representing a +27.01% from the day prior.
Where is the best place to buy Badger DAO (BADGER) in Australia?
The best place to buy Badger DAO (BADGER) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Badger DAO (BADGER) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Badger DAO (BADGER)?
The trading volume of Badger DAO (BADGER) is $71.5M AUD in the last 24hrs, representing a +27.01% from the day prior.
How can I buy Badger DAO (BADGER)?
Badger DAO (BADGER) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Badger DAO (BADGER)?
The current market cap of Badger DAO (BADGER) is $120.6M AUD.
Can I convert Badger DAO (BADGER) to cash?
Yes - With Coinstash you can convert your Badger DAO (BADGER) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Badger DAO (BADGER) are there?
The current circulating supply of Badger DAO (BADGER) is 19.9M.
Is Coinstash a safe place to buy Badger DAO (BADGER) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Badger DAO (BADGER) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.