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What is Badger DAO coin (BADGER) and how does it work?

by Financial Economy

Badger DAO is an open-source, decentralized automated organization dedicated to building products and infrastructure that simplifies the use of Bitcoin (BTC) as collateral on many smart contract platforms. The BADGER token forms the financial foundation of the network. BADGER is paid in many areas such as mining reward, community voting, transaction fees. Detailed information about what is Badger DAO coin, how does it work, how much is the price, where to buy, etc. is in the continuation of the content. Information about Ontology Gas coin (ONG) you can browse here.

What is Badger DAO coin (BADGER) and how does it work?

Being decentralized, Badger DAO aims to enable Bitcoin to be used on blockchain networks such as Ethereum. In doing so, it creates the necessary infrastructure and applications. Projects in DeFi can join the Badger DAO ecosystem. Badger partners with dOrg, which develops DeFi, web3, DAO tools.

All assets created by Badger users are released with the financial support of the Badger team and the network. Emphasizing the community, Badger receives community support in many areas such as budget, production, collaboration, and new ideas.

Based on transparency, Badger is open source. In the liquidity mining network, users are encouraged to provide liquidity to smart contracts. Badger has a token called DIGG, which is fixed to the Bitcoin price. The staked DIGG token is used as a reward in liquidity mining along with the BADGER coin.

How to buy Badger Dao coins? How much is the BADGER coin price?

Badger Dao coin is listed on many cryptocurrency exchanges and can be purchased from these exchanges. But a “reliable and well-known” exchange should be preferred. As of October 13, 2021, the price of 1 BADGER token is around $32.87.

Caution: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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