Changelly continues to increase the number of digital assets available on the platform. In line with this expansion, we introduce the BADGER token, which can now be easily exchanged at floating rates. BADGER is the governance token of Badger DAO. The platform is a shared space where the developers, known as Badge Builders, have the ability to collaborate and implement Bitcoin as collateral to as many blockchains as possible. A developer can earn a percentage of the fees and BADGER tokens from the developer mining pool for every implementation. Badger DAO has two main products: Sett and DIGG. Badger DAO is a community-driven project; as such, before any products are developed, they first need to be pitched, voted on, and approved by token holders.
Sett is a DeFi aggregator that has flash loan mitigation measures focused on the tokenized BTC through five strategies. Once a user makes a deposit, they can earn a yield as the protocol’s smart contract does the work. DIGG is a non-custodial synthetic Bitcoin on Ethereum’s blockchain that is pegged to the price of BTC with a flexible supply and a re-base function. Its main goal is to remove centralized third parties.
About Badger DAO
Badger DAO is an open-source, decentralized automated organization that is dedicated to building products and infrastructure for simplifying the use of Bitcoin (BTC) as collateral across many smart contract platforms. Badger DAO has passed the initial audit of its smart contracts by the Zokyo audit team with no critical issues found.
Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto.
Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to 200+ cryptocurrencies that can be effortlessly exchanged within 10 minutes on desktop and on the go via Changelly mobile app.
In 2020, Changelly branched out to accommodate the needs of traders. PRO has been built as a platform focused on the customer’s needs, effectively enabling retail buying and selling digital tokens and coins. Piggybacking on the great support system found within Changelly, Changelly PRO will provide the community with high limits, effective pricing, fast execution, and 24/7 live support.
Learn more about Changelly:
Changelly website: changelly.com
Changelly PRO website: pro.changelly.com