Hey there, Badgers.

While Bitcoin is taking a breather from its relentless rally, it is time for altcoins to take the spotlight. Badger continues to grow and the launch of our v2 app could not have come at a better time. In this newsletter, we are covering details regarding the upcoming $DIGG airdrop, #WenDIGG, a new milestone, and much more.

So, let's digg into what's been going on with the Badger DAO during the third week of January 2021. 🦡

Weekly Recap

• Badger hosts event at DAO Rush Week

• $5.8M worth of cover token is taken out on Nexus Mutual

• 0x_b1 supports developers with 50% of $DIGG distribution

• $700M in Total Value Locked

• #WenDIGG Meme Art Contest

• Badger DAO Launches Version 2 interface of the Badger App

• $DIGG Breaks new Ground

Badger hosts event at DAO Rush Week

A showcase of DAOs that are about people, not just money. The DAO Rush Week is an online conference organized by the DAO Rush Council. On January 13, we had the opportunity to take the stage and host our personal event - and we had a blast doing so! Thanks to everyone who participated, and thank you @DAORushWeek. The recording will drop on the official Youtube channel.

$5.8M worth of cover token is taken out on Nexus Mutual

Almost all available @NexusMutual cover for badger are maxed out. This is a sign of a healthy, mature, and long term oriented community. The DeFi space is very young and comes with high risks. That's why we encourage everyone in the community to get as much protection as possible 🔒

0x_b1 supports developers with 50% of $DIGG distribution

@0x_b1 is a known crypto whale and one of the biggest contributors and investors in the DeFi space, as well as BadgerDAO. This week he announced that 50% of his $DIGG airdrop will be donated to community developers @konez2k, @MagikMikexxl, and @wpikachu. Nice guy :)

Congratulations!

$700M in Total Value Locked

Badgers keep climbing. Our Total Value Locked is rapidly increasing and reached over $700M this week. We are on our way to $1,000,000,000 TVL. See you there!

#WenDIGG Meme Art Contest

With the upcoming launch of $DIGG, we are starting our first meme contest with 200 $BADGER in prizes. Show us your dankest #WenDIGG memes while we wait for the official $DIGG launch. Read more about it here. Let's get creative!

Badger DAO Launches Version 2 interface of the Badger App

Our v2 app launched this week. This is a major overhaul of the entire frontend infrastructure with a focus on simplicity, performance, scalability, and mobile users. You can find a step by step user guide here.

$DIGG breaks new ground

The Badgers released their first writeup all about the upcoming $DIGG tokens we’ve all been waiting for. While you wait, Digg in to the information regarding Digg’s utility, new sets, and the airdrop 👀

Read about it here.

Badger Improvement Proposals

• BIP 23: Badger Revenue Management Overview

• BIP 24 - BADGER BOOST (Multiplier Replacement)

• BIP 25- Grants Month 2

What’s Ahead for Badger DAO

• $Digg Airdrop very soon (we promise)

  ₿adger DAO 🦡 @BadgerDAO

  To clear some confusion around $DIGG. Total Supply = 4000 600 in circulation at launch. To kick off 1 $DIGG = 1 $BTC = $34,000 x 600 Mcap = $20,400,000 These are being airdropped to Badger app users based on rewards earned and days staked. Thread/

  January 13th 2021

  63 Retweets273 Likes

• $bBTC coming
  We are launching a widely used and interest-bearing tokenized bitcoin for DeFi, similar to yUSD.
  

  ₿adger DAO 🦡 @BadgerDAO

  Update we are making one. $bBTC 👀

  Spadaboom @spadaboom1

  Why isn’t there a widely used interest bearing tokenized bitcoin for DeFi? Like yUSD Maybe @BadgerDAO should make one 😉

  January 14th 2021

  32 Retweets221 Likes

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

  -BadgerDAO