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Badger —— A Decentralized Autonomous Organization (DAO) Focused on Bringing Bitcoin to DeFi
**Website Explorer Documentation**
Badger Finance is a community DAO, focused on bringing Bitcoin to DeFi. The DAO's debut products are Sett, a yield aggregator, and Digg, a BTC-pegged elastic supply currency.
Components
Badger is a decentralized autonomous organization (DAO) with a single purpose: build the products and infrastructure necessary to accelerate Bitcoin as collateral across other blockchains.
It’s meant to be an ecosystem DAO where projects and people from across DeFi can come together to collaborate and build the products our space needs. Shared ownership in the DAO will allow builders to have aligned incentives while decentralized governance can ensure those incentives remain fair to all parties. The idea is less competing and more collaborating.
That’s why it’s important that it starts as a community-led initiative from day one. Any decisions are made through a governed vote including what, how, and when Badger DAO products are created. Equally important is ensuring there is a fair distribution of $BADGER to give all participants the opportunity to get involved and benefit.
This forms the pillars of what ensures Badger always remains community first, fair and transparent.
Badger community members can propose new product ideas to the DAO, pitch the proposal to the greater community over video and finally take the proposal if it passes these stages to an official vote for approval. Once approved the Badger DAO ops team will collaborate with them to build it, fund it and market it.
Badger builders are open and willing to collaborate with anyone wanting to build with together. It would be amazing to see leading developers and DeFi protocols participate in this program.
This structure is meant to give everyone an opportunity to build what’s needed regardless if they are an individual developer, blockchain company, dev shop or just a person with an idea. Anything launched by the Badger community should be inherently fair, transparent and rewarding all those involved in bringing the product to life. This includes shared fees, token rewards etc.
The Badger DAO is based on the Aragon company template
The BADGER token is the native governance token for the DAO, granting voting rights over the future direction and use of the treasury.
Badger Finance DAO uses the following Aragon Apps: