Purchase Badger DAO (BADGER) with Korean Won (KRW) easily at Switchere and benefit from fast, secure transactions.
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.
The KRW/BADGER pair represents the exchange value between the South Korean Won (KRW) and the Badger DAO (BADGER) governance token. It serves as a crucial fiat on-ramp for Korean investors looking to gain exposure to a leading DeFi yield aggregator focused on bringing tokenized Bitcoin, like WBTC and renBTC, into automated yield farming strategies on the Ethereum blockchain.
Badger DAO's primary utility is as a decentralized autonomous organization (DAO) that builds products to accelerate the use of Bitcoin in Decentralized Finance (DeFi). Its smart contract-based 'Setts' (vaults) automate complex yield farming strategies for users depositing tokenized Bitcoin assets, and the BADGER token itself is used for governance, allowing holders to vote on protocol changes.
Holding BADGER tokens grants you a stake in the project's future. As a governance token, it allows you to participate in the Badger DAO by voting on proposals that direct the protocol's development. Additionally, you can engage in staking BADGER within the platform's ecosystem to earn a share of protocol fees and other rewards, enhancing its utility beyond simple speculation.
You can purchase BADGER with KRW on major regulated South Korean cryptocurrency exchanges that list the token. These platforms require strict KYC/AML compliance, including linking a verified real-name bank account for KRW deposits, in accordance with local Financial Intelligence Unit (FIU) regulations.
The process begins with a KRW deposit from your linked bank account to the exchange. You then navigate to the KRW/BADGER order book, where you can place a market or limit order. Once your order is matched with a seller, the blockchain transaction is processed, and the BADGER digital asset is credited to your exchange wallet, minus a small trading fee.
For secure trading, always use a reputable, FIU-compliant exchange and enable two-factor authentication (2FA). After purchasing, consider transferring your BADGER from the exchange to a personal, non-custodial digital wallet where you control the private keys. This minimizes risk from potential exchange vulnerabilities and gives you full sovereignty over your digital asset.