Badger DAO
About Badger DAO
Badger DAO, as its name suggests, is a Decentralized Autonomous Organization launched in late 2020. Its main purpose is to allow users of numerous smart contract blockchain networks to implement Bitcoin (BTC) as collateral for various purposes. Sett and DIGG are the two main applications of Badger DAO. Sett is a Decentralized Finance (DeFi) protocol that unlocks yield earning opportunities via its smart contracts to users for simply depositing funds. DIGG, on the other hand, is basically a synthetic Bitcoin (BTC) issued on the Ethereum blockchain. Its underlying automated re-balancing mechanism ensures that DIGG’s price always closely follows BTC’s valuation. The developers of Badger DAO are called Badge Builders, who are basically community members responsible for implementing the protocol to as many blockchain ecosystems as possible. For their efforts, that include the ideation, pitching, development, and execution of initiatives, they are rewarded via BADGER tokens.
In the last hour, Badger DAO's price has seen a change of +0.48%, and over the past 24 hours, its price has moved by -1.62%. Over the previous week, Badger DAO's price has moved by -8.50%. The current price of Badger DAO is AED 1.2561, accompanied by a trading volume of 124.3k in the last day. Badger DAO's price is currently 99.62% below its all-time high of AED 328.70, which remains the highest price Badger DAO has achieved since its launch. The circulating supply of Badger DAO stands at 19.51M, translating to a total market capitalization of 24.51M.
Market stats
Frequently asked questions
How to invest in Badger DAO?
Rain offers you a number of ways to start investing in Badger DAO, including buying Badger DAO through bank transfers or by using your bank card. To purchase Badger DAO on Rain, you can select Badger DAO in your Rain account, then click Trade and select Buy. Enter the amount you wish to buy and click Next to review and confirm your purchase.
How to buy Badger DAO with card?
Once you add your bank card to your Rain account, you can use it to buy Badger DAO directly. You can start by adding your card to your payment options on your Rain account. To purchase Badger DAO using your bank card, you can select Badger DAO, click Trade then select Buy. Enter the amount you wish to buy and choose your card from the payment options. Click Next to review and complete your purchase by following the instructions on the screen.
note: The purchase option with debit or credit card is not available for our users in Turkey
How to buy Badger DAO through bank deposit?
Rain enables you to buy Badger DAO using your local currency. You can deposit funds through bank transfer, a process which takes 1-4 business days depending on your location. You can start by depositing funds to your Rain account from your bank account. Simply click on Deposit and enter the amount you would like to transfer. Click next and copy the instructions that will appear on your screen to complete the transfer from your bank account. Note that Rain does not automatically pull funds from your bank account and you will need to manually transfer the funds from your bank account to Rain's banking information.
Within 1-4 business days, the funds will be available in your Rain account and you will be able to use them to complete purchasing Badger DAO. To do that, you can select Badger DAO in your Rain account, click Trade and select Buy. Enter the amount you wish to buy with and click Next to review and confirm your purchase.
How to sell Badger DAO?
This is an easy process that requires only a few clicks. Here are the steps needed to sell Badger DAO successfully:
On your Rain account, select Badger DAO then click Trade and select Sell. Enter the amount you wish to sell and click Next to review and confirm your sell transaction by entering an OTP. You will receive a confirmation email once the transaction is done with the details.
How to convert Badger DAO into cash?
Rain gives you the opportunity to sell Badger DAO and withdraw your funds from your Rain account to your local bank account. First, you need to add your personal bank account to your Payment Methods option on your Profile.
Once your bank account is added, you can sell Badger DAO and withdraw the funds to your bank account by clicking on Withdraw and entering the amount you wish to withdraw. Click Next to review and confirm your withdrawal information by entering an OTP.
Once the withdrawal request is submitted, you will receive a confirmation email that the withdrawal is being processed. Processing your withdrawal request can take between 1-4 business days.
How to receive Badger DAO?
If you would like to receive Badger DAO in your Rain account, simply click on Receive and select Badger DAO from the list at the top of the page. You can then either copy the address visible at the botom of the screen or share the QR code to to complete your receive transaction.
Make sure that you are using the correct network when receiving Badger DAO to avoid possible loss of funds.
How to send Badger DAO?
You can easily send your Badger DAO from your Rain account to any external wallet by clicking on Send and selecting Badger DAO from the list at the top of the page. Enter the amount you wish to send and add the external wallet address you are sending to. Click Next to review and confirm your send transaction by entering an OTP.
Why buy Badger DAO with Rain?
When you buy Badger DAO with Rain, you ensure that your assets are going to be safely stored on a regulated platform that follows strict compliance standards and is subject to periodic audits. Rain also uses bank-grade security measures like Cold Storage systems. Trading and storing Badger DAO on Rain also means that your asset is going to be stored on 1:1 basis, which means your assets will always be available to you.
What is a Badger DAO wallet?
A Badger DAO wallet is where you can securely store Badger DAO. A wallet helps you maintain ownership of your asset as well as enable you to trade, send or receive crypto-assets.
What is a Badger DAO address?
A Badger DAO address is a string of unique characters that is tied to your Badger DAO wallet. The address functions just like a bank account number and it is what you use in order to send Badger DAO from your wallet, or to receive Badger DAO to your wallet.
What trading pairs available for Badger DAO?
There are over 200 currency pairs available on Rain for you to trade with. You can trade Badger DAO with Bahraini dinar, Kuwaiti dinar, Emirati dirham, Omani rial or US dollar, depending on your location. Additionally, you can swap Badger DAO with 200 other assets like BTC, LTC, XRP, ETH. You can explore your options by visiting the market page on your Rain account: https://www.rain.com/market
What is the minimum order size to buy Badger DAO?
You can trade Badger DAO with any amount above $30 or equivalent in your account's currency. You can start trading Badger DAO now by clicking the Trade button on your Rain account.
What are the most popular cryptocurrencies besides Badger DAO?
Besides Badger DAO, you can find over 150 assets available on Rain for you to start trading such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), USDC, Ripple (XRP), DOGE, Tether (USDT), Chainlink (LINK) or BCH. You can explore these options by going to the homepage of your account and scrolling through the available assets. When you are ready to start trading, simply click on the asset of your choice and click Trade.
What blockchain is Badger DAO built on?
Badger DAO is built on the ETH blockchain. This determines how transactions are verified, fees are structured, and how compatible it is with wallets and other decentralized applications (dApps).
How do I keep my Badger DAO safe?
To keep your Badger DAO safe, make sure to use trusted wallets that support ETH. Enable two-factor authentication (2FA), store long-term assets in cold wallets, and never share your private keys with anyone. You can always refer to our Security & Policies section for more tips.
What will the price of Badger DAO be in next 5 years?
Price predictions for Badger DAO over the next five years are highly speculative and depend on crypto market conditions, adoption, and broader crypto trends. We encourage you to do your own research and make informed decisions.
Is trading Badger DAO taxable?
Trading Badger DAO may be considered taxable in some countries with varying tax rules, so we recommend checking with your local tax authority or financial advisor for specific guidance.
What is Badger DAO's ATH?
Badger DAO’s all-time high (ATH) was AED 328.70 on 09 Feb 2021. This represents the highest recorded market price of the asset to date.
What is the market cap of Badger DAO?
With a market capitalization of 24.51M, Badger DAO is ranked 508 among other crypto assets.
What is the all-time high of Badger DAO?
The highest valuation of Badger DAO since its launch was at AED 328.70, marking its all-time high.
What is the 24-hour trading volume of Badger DAO?
The trading activity of Badger DAO over the last 24 hours was at 124.3k, highlighting its liquidity in the market.
How many Badger DAO are there in circulation?
There are approximately 19.51M units of Badger DAO currently in circulation, affecting its market dynamics.
What is the relative popularity of Badger DAO?
Badger DAO market cap is around 24.51M.