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Israeli New Shekel (ILS) to Badger DAO (BADGER) Instantly

Purchase Badger DAO (BADGER) with Israeli New Shekel (ILS) easily at Switchere and benefit from fast, secure transactions.

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About
Badger DAO (BADGER)

Badger DAO (BADGER) is a decentralized autonomous organization (DAO) dedicated to building the products and infrastructure necessary to accelerate the use of Bitcoin within decentralized finance (DeFi). The core mission is to create a secure and efficient on-chain ecosystem where BTC holders can earn yield on their digital asset without relinquishing custody. Primarily operating on the Ethereum blockchain, the protocol leverages smart contracts to execute its complex, automated yield-generating strategies for tokenized Bitcoin.

The flagship products of the protocol are 'Setts' and 'Digg'. Setts are tokenized yield vaults that function as automated strategy aggregators. Users deposit assets like wrapped Bitcoin (wBTC) or other BTC-pegged tokens, and the smart contracts automatically deploy these funds across various DeFi protocols to optimize yield farming returns. Digg is a non-custodial, elastic-supply synthetic Bitcoin; a rebase token whose supply is programmatically adjusted on-chain to maintain a peg to the price of Bitcoin, managed entirely by the DAO.

The native utility token, BADGER, is central to the project's governance. Holders of the BADGER token can participate in the DAO by proposing and voting on key decisions, including new Sett strategies, protocol upgrades, and treasury allocations. BADGER is also distributed as rewards to users who deposit assets, creating a powerful incentive mechanism for participation.

Badger DAO (BADGER)

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How to Buy Badger DAO (BADGER)

  1. Select currency menu

    Choose ILS to BADGER Pair

    Select your preferred payment method and enter the amount.

  2. Crypto address page

    Enter Your Badger DAO Wallet Address

    Provide your BADGER wallet address and proceed with the payment.

  3. Confirmation page

    Receive Your Badger DAO

    Complete the payment, and your BADGER will be sent to your wallet.

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Frequently Asked Questions

  • What is the ILS/BADGER trading pair and what does it represent?

    The ILS/BADGER pair represents a direct fiat-to-crypto gateway, allowing users to purchase Badger DAO's governance token (BADGER) using Israeli New Shekels (ILS). This enables direct entry from a local fiat currency into the Badger DAO ecosystem, a DeFi protocol focused on creating yield aggregation strategies for tokenized Bitcoin on the Ethereum blockchain.

  • What are common methods for purchasing BADGER with Israeli New Shekels?

    A direct ILS/BADGER pair is rare. The most common route involves a two-step process: First, use a regulated cryptocurrency exchange that accepts ILS via bank transfer or credit card to buy a major digital asset like Ethereum (ETH). Second, transfer that ETH to a digital wallet and use a decentralized exchange (DEX) like Uniswap or a centralized exchange listing BADGER to swap ETH for BADGER.

  • Are there specific KYC/AML regulations to consider when using ILS for crypto purchases?

    Yes, any financial institution or cryptocurrency exchange operating as a fiat on-ramp for Israeli New Shekels (ILS) is subject to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations. Users must typically verify their identity by providing government-issued ID and proof of address before they can deposit ILS to purchase digital assets. This ensures compliance with Israeli financial laws.

  • What is the primary utility of the BADGER token within its DeFi ecosystem?

    The BADGER token serves two main functions. Firstly, it is the governance token for the Badger DAO, allowing holders to vote on key protocol decisions and changes. Secondly, it is used for staking and liquidity mining, rewarding users who deposit assets into the protocol's 'Setts' (yield-aggregating vaults) and participate in the ecosystem's security and growth. This incentivizes long-term holding and active participation.

  • What fees are associated with transacting from ILS to BADGER?

    Several fees can apply. First, the fiat gateway may charge a deposit fee for ILS and a trading fee for the initial crypto purchase. Second, when moving the crypto off the exchange, you'll pay a network withdrawal fee. Finally, since BADGER is an ERC-20 token, swapping for it on a DEX will incur Ethereum network gas fees, which can vary greatly, plus the DEX's own liquidity provider fee.

  • How should I securely store my BADGER tokens after acquiring them?

    For optimal security, move your BADGER tokens from the exchange to a personal, non-custodial digital wallet where you control the private keys. For significant amounts, a hardware wallet (cold storage) is highly recommended. As BADGER is an ERC-20 token, ensure your wallet is compatible with the Ethereum network. Always back up your seed phrase securely and offline.

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