Badger DAO is committed to introducing Bitcoin to the DeFi field. Its newly launched eBTC protocol allows users to borrow eBTC interest-free using Lido’s stETH and ensures the solvency of the system through pledge earnings and liquidation mechanisms.
Although the current market value is less than US$200 million, it has been listed on major exchanges such as Binance, Okex, and Coinbase.
As its DeFi derivatives are closely related to the Bitcoin and Ethereum ecology, the market value is expected to reach US$600-800 million in the future.
It is recommended that investors wait for prices to stabilize before making appropriate arrangements and invest cautiously.
$BADGER