Badger DAO Weekly Newsletter #3

Digg Logo, $300M TVL, New Setts Coming Soon

Hey there, Badgers.

There's a lot to look forward to, in all things Badger. The Badger DAO continues to appreciate the patience of our community as development finalizes necessary testing and preparatory measures to ensure a secure and effective launch of the $Digg token.

In the meantime, Badger DAO has taken remarkable strides in providing increased security and insurance coverage options to members of its growing community. Community engagement is evident from strong participation in governance, including choosing the new design of the $DIGG token, and in achievements like crossing $300 million TVL! 🦡

Weekly Recap

$COVER rewards for those participating in Badger smart contract shield mining

If the Badger DAO wins this vote, $COVER rewards will be activated for those participating in shield mining for Badger’s smart contracts. The vote is looking good for Badger 👍🏼

Vote here (if you have $COVER)

Behold the new Digg Logo

The Badgers adjourned the vote for the new $Digg logo, out of over 90 contestants. Congrats to 3.57-sigma for winning 1st prize, and designing the new face of Badger DAO’s next product, $Digg, an elastic supply cryptocurrency pegged to the price of Bitcoin. Shoutouts to Jonto, Cryptouf and Fab3d for producing the runner up designs!

$300M Total Value Locked in 3 Weeks!

The Badger Setts have well surpassed $300M in assets staked. This is truly a phenomenal achievement for the Badger community. Bitcoiners are proving their demand for DeFi applications for Bitcoin. The momentum has been staggering and the enthusiasm is abundant. Congrats to the Badgers for all of the user feedback, new ideas, and all who took action to bring the DAO forward. The trajectory going into 2021 is looking good for the Badgers.

Haechi Audit will be auditing Badger DAO's smart contracts

Haechi is a reputable cybersecurity firm that has performed audits for a variety of crypto projects, including Icon, Quarkchain, and the Ethereum Foundation. The audit report should be released before the new year.

Badger enrolls its first vault strategist, Andy8052

The Badger DAO will be producing more liquidity mining strategies in the near future. They are happy to induct their first vault strategist, Andy8052, who has past experience with MakerDAO. Welcome, Andy! Let’s build 🏗

Badger Improvement Proposals

What’s Ahead for Badger DAO

That’s all for now. Feel free to follow us on Twitter and join our Discord to get in on the conversation. Until next time, Badgers. 🦡

-Badger DAO