Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more.
Badger DAO (decentralised autonomous organisation) was launched in December 2020 with the aim of integrating Bitcoin more effectively with the DeFi economy.
While DeFi platforms already offer a Bitcoin equivalent known as Wrapped BTC (WBTC, available on CoinJar), the system usually requires centralised custodians to hold the users BTC while they engage with the DeFi ecosystem.
BadgerDAO overcame this by creating an entirely decentralised BTC equivalent known as DIGG. DIGG uses an algorithm to maintain its peg to BTC, much like the way the stablecoin DAI maintains its peg to the US dollar. DIGG tokens can be deposited with BadgerDAO’s own vaults, which then deploy it across a variety of DeFi protocols in a similar way to YFI.
BADGER is the governance token of BadgerDAO. It allows holders to vote on changes to the BadgerDAO protocol and fee structures, and BADGER tokens are paid to developers and users of the platform.
Like Bitcoin, only 21 million BADGER tokens will ever exist.
Your information is handled in accordance with CoinJar’s Privacy Policy.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high‑risk investment and you should not expect to be protected if something goes wrong. Take 2 minutes to learn more: www.coinjar.com/uk/risk-summary.
Cryptoassets traded on CoinJar UK Limited are largely unregulated in the UK, and you are unable to access the Financial Service Compensation Scheme or the Financial Ombudsman Service. We use third party banking, safekeeping and payment providers, and the failure of any of these providers could also lead to a loss of your assets. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets. Capital Gains Tax may be payable on profits. CoinJar’s digital currency exchange services are operated in the UK by CoinJar UK Limited (company number 8905988), registered by the Financial Conduct Authority as a Cryptoasset Exchange Provider and Custodian Wallet Provider in the United Kingdom under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (Firm Reference No. 928767).
The CoinJar Prepaid Mastercard is issued by EML Money DAC pursuant to a license by Mastercard. EML Money DAC is regulated by the Central Bank of Ireland. EML Money DAC is authorised and regulated as an issuer of electronic money by the Central Bank of Ireland under registration number C95957. EML Money DAC is deemed authorised and regulated by the Financial Conduct Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. Registered office: EML Payments, 2nd Floor La Vallee House, Upper Dargle Road, Bray, Co. Wicklow, Ireland. Company Registration number: 423276.
Apple Pay and Apple Watch are trademarks of Apple Inc. Google Pay is a trademark of Google LLC.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.