Bringing Bitcoin to DeFi with Chris Spadafora, Founder of Badger DAO - Ep. 26

39:30
 
Share
 

Manage episode 285688073 series 2595584
By Bobby Ong & TM Lee, Bobby Ong, and TM Lee. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

In this episode, Bobby Ong, co-founder of CoinGecko is joined by Chris Spadafora, founder of Badger DAO. Bobby interviewed Chris on the background of Badger, their products, Sett and Digg, the differences between Digg and Ampleforth, plans to launch tokenized Bitcoin and Badger on other Layer 1 platforms as well as the key partnerships with Badger.

[00:00:02] Intro
[00:01:28]
Introduction of Badger DAO
[00:03:30] Details on Sett and Digg
[00:07:22]
Plans for Digg
[00:11:57] Opinions on tokenized Bitcoin forms
[00:13:22]
Differences between Digg and Ampleforth
[00:19:31]
Token distribution during Badger’s launch
[00:23:04]
APY for Sett
[00:31:38]
Plans on launching tokenized and Badger DAO on other Layer 1 platforms
[00:33:46]
Key partnerships and benefit for Badger
[00:37:06]
Where to follow Badger Finance

Quotes from the episode:

“We think about Digg in the sense of how do you best have a representation of Bitcoin in other networks to which people would want to use that Bitcoin for financial applications and services without having to rely on centralized parties to custody that.”. [00:07:39]

“We built our code base off of Ample because we believe one, in the rebasing mechanics, but two, of the most battle tested rebasing code base in the market.” [00:14:41]

“Interesting fact, there was 2.1 million Badger, which today would be a hundred million dollars. Only 800,000 Badger were claimed. So there's still 1.3 million that were unclaimed that now are in the hands of the DAO, for them to decide what they'd like to do with.” [00:22:24]

Links
Badger DAO - https://app.badger.finance/
CoinGecko - https://www.coingecko.com/
Badger DAO (BADGER) on CoinGecko - https://www.coingecko.com/en/coins/badger-dao
Social Media
Badger DAO:
https://twitter.com/badgerdao
https://t.me/badger_dao

CoinGecko:
https://twitter.com/coingecko
https://t.me/coingecko


34 episodes