Badger DAO is a decentralized autonomous organization (DAO) that accepts bitcoin as collateral across decentralized finance (DeFi) applications. It significantly expanded the use of bitcoin in DeFi applications on various blockchain networks. BADGER is an Ethereum-based token. It is used for protocol governance and distribution of rewards within the Badger DAO. BADGER allows holders to vote on project proposals and distributes rewards to those who manage the Sett Vaults. Sett Vaults are a product that allows users to earn yield on their synthetic BTC assets. Badger integrates multiple DeFi products to help make bitcoin a usable asset across blockchains.
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We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Badger DAO is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Badger DAO, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Badger DAO in their structure.
Badger DAO (BADGER) price history shows the highest value of 42.36 EUR . We recorded this price on April 17, 2021, but we cannot exclude that a higher price was registered before March 16, 2021.