What is Badger DAO (BADGER)?

Deep Dive

1. Purpose & Value Proposition

Badger DAO aims to bridge Bitcoin with DeFi ecosystems, allowing BTC holders to participate in lending, yield farming, and other DeFi activities without selling their Bitcoin. The DAO’s flagship products, like eBTC (a Bitcoin-backed stablecoin), were designed to maximize BTC’s utility, though some initiatives (like eBTC) were deprecated in June 2025 due to low adoption (BadgerDAO).

2. Technology & Governance

• Builders Program: Developers, teams, or companies propose and build Bitcoin-DeFi solutions, funded by the DAO’s treasury. Successful projects share revenue with BADGER holders and contributors.
• Governance: Proposals require 10% of BADGER supply to initiate and 50% voter turnout to pass. Token holders control protocol parameters, marketing, and treasury spending (BadgerDAO Medium).

3. Tokenomics & Ecosystem

• BADGER Token: Used for voting, staking, and earning fees from DAO products.
• Treasury: 35% of the token supply funds development, partnerships, and grants (e.g., Bitcoin Core developers).
• Community-Driven: Revenue from products is split between builders, token holders, and the DAO to incentivize long-term participation.

Conclusion

Badger DAO is a collaborative ecosystem where Bitcoin’s DeFi integration is prioritized through open-source innovation and shared governance. While its adaptability is evident (e.g., sunsetting underperforming products), its success hinges on attracting builders and maintaining relevance in a competitive DeFi landscape. How will Badger DAO balance decentralization with efficient product development as Bitcoin’s role in DeFi evolves?