Badger DAO Weekly Newsletter #4

$500M Total Value Locked, Digg Airdrop Details, App v2 Preview

Happy New Year, Badgers.

The Badgers have been silently building and patiently waiting for the launch of the $Digg token. As with the very first Badger Sett release and $Badger launch, the wait will be well worth it. In the meantime, some new details regarding the $Digg airdrop have surfaced, which will truly reward the Badgers for participating in this DeFi for Bitcoin ecosystem. In addition, the MEME NFT promotion participants have an extra gift coming to them! 🦡

Weekly Recap

Badger Releases 2 New Sushi Swap Setts

The Badger DAO has launched two new Setts, featuring SushiSwap’s SLP tokens: Badger <> WBTC, and WBTC <> ETH. In addition to getting rewarded in $Badger for depositing in these Setts, you can earn xSushi that is staked and earning fees from the SushiSwap decentralized exchange, as well as vote in Sushi governance.

$Digg token airdrop details finalized

BIP 14 delineates on 14.5% of the 15% of $Digg airdrop that will be distributed to existing and previous participants of the Badger Setts. It proposes three allocations based on total $Badger earned, $Badger earned/$Badger staked ratio, and $Badger staked over time.

App V2 coming along!

The Badger builders continue to optimize their products in addition to building new ones. Special thanks to all of the users who offered their wonderful feedback. Check out the video demo in this tweet.

.5% of $Digg Tokens Go to MEME <> Badger NFT Holders!

Did you participate in the MEME <> Badger promotion a short while back? Got some NFTs sitting in your wallet? Well you’re about to get another reason to HODL those NFTs, as Badgers who earned NFTs from MEME will be allotted a portion of the $Digg token.

Bounty in Progress - Digg Guide Website (Work in Progress!)

Check this out- As a result of one of the bounties in the Badger Bounty Board, an awesome volunteer has gotten started working on an explainer resource for the $Digg token. Shoutout to wileaf in the Discord for the help!

Badger Improvement Proposals

What’s Ahead for Badger DAO

  • New Vaults, BTC AMM, Bitcoin to Bitcoin LP tokens on Ethereum, Zapps, Borrowing stablecoins against your Sett position

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