About Badger DAO Airdrop
Badger DAO Airdrop is a decentralized autonomous organization (DAO) with a single purpose: build the products and infrastructure necessary to accelerate Bitcoin as collateral across other blockchains. Badger DAO is airdropping a total of 600 DIGG to early users of the Badger DAO app. Early BADGER stakers and liquidity providers who’ve met certain parameters are eligible to receive the airdrop.
| Total value | Platform | KYC | Website |
|---|---|---|---|
| 600 DIGG | ETH | KYC for users is NOT a requirement | Click Here To Visit |
How It Works
The DAO market has accelerated more than ever in 2020, with companies forming DAOs to follow the trend of community-led governance of their products. It is what DeFi companies are doing to stay “hip,” and ride the decentralization narrative that the Ethereum community tends to salivate over. Governance tokens are becoming the new “utility token” from 2017, with limited functionality, and even less user retention. All in all, the current bearish market behaviour in September of 2020 is separating the true initiatives from the pump-and-dumps, which is a healthy thing for the industry. This allows for less noise to filter out when a legitimate project with genuine community-bolstering efforts emerges.
The reality is, DAO’s have VERY little community governance participation in their current form. This can be for quite few reasons including high gas fee’s on Ethereum for placing on chain votes, but the more glaring reason is that they just don’t have a sense of shared ownership. They can place a vote but if the person or group of people (multi-sig setups) don’t want to make the change then the approved vote doesn’t matter. This is a big problem.
The type of DAO that has seen the most activity amongst its members are venture DAOs. Why? They have skin in the game and are responsible for every part of the business including diligence, sourcing, approvals, investments etc. Metacartel Ventures is a perfect example of this and they are leading the charge amongst governance engagement. Product focused DAOs need to follow in these footsteps and ensure community members are involved in every stage of product development while sharing in the value that is created through these products.
Badger DAO Liquidity Mining Launch
After many months learning from the market and trying to adjust to its rapid speed, the Badger team has decided to release v1 of our liquidity mining launch details. So the goal is to outline what we believe to be the best structure for the liquidity mining launch and then adjust accordingly based on your feedback. Badger DAO is more yours then it is the ops team so you should be involved in all of the major decisions pre-launch.
Important to note, there is no capital raise or sale whatsoever, everything to date has been funded personally by the founding team including development, branding, audits, marketing etc. Also, all the details outlined aren’t simply ideas, they’ve been coded into our smart contracts and audited by a 3rd party company.
What Makes a Badger Builder?
Badger builders are the backbone of the entire DAO. They are community members that are committed to collaborating to bring new products to life. A Badger Builder could be a developer, a group of developers, a company, or simply a passionate community member who wants to support and spread awareness of the Badger DAO’s products and mission. There are no obligations to the level of participation required. It is a rolling governance body, the doors are open for anyone to come in and get their hands dirty.
Products will be architected and ratified for development by the community, along with the people being funded to build them. The Badger DAO will be a diverse ecosystem of liquidity providers, coders, content creators, meme artists, and users participating in a slew of new financial instruments. The diversity of this collective will only work for everyone’s benefit. The Badger DAO members have a stake in the DAO’s success- meaning the products’s revenues will not leave our system. The profits should go to all of those who contributed to their growth.