Purchase Badger DAO (BADGER) with Turkish lira (TRY) 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 most common method to acquire BADGER with Turkish Lira involves using a regulated Turkish cryptocurrency exchange as a fiat on-ramp. Users typically complete KYC/AML verification, deposit TRY via a bank transfer (EFT/Havale), purchase a major cryptocurrency like BTC or USDT, and then trade that asset for BADGER on an exchange that lists the corresponding trading pair.
Since BADGER is an ERC-20 token, secure storage requires a digital wallet compatible with the Ethereum network. For optimal security, transfer your BADGER from the exchange to a self-custody wallet, such as a hardware wallet or a reputable software wallet. Always double-check the recipient address and be prepared for Ethereum gas fees during the blockchain transaction.
Direct TRY/BADGER trading pairs are not very common on most cryptocurrency exchanges. Liquidity is often concentrated in pairs like BADGER/USDT or BADGER/BTC. Therefore, traders using TRY usually perform a two-step transaction. The availability and trading volume on these major pairs are crucial factors determining the ease and cost of acquiring BADGER.
Badger DAO's primary function is to create the products and infrastructure necessary to accelerate the use of Bitcoin as collateral in decentralized finance (DeFi). It builds automated strategies, known as Setts (vaults), that help users earn yield on their tokenized Bitcoin assets like WBTC and renBTC, effectively turning passive BTC holdings into productive, yield-bearing instruments.
The BADGER token serves two main purposes. Firstly, it is a governance token, allowing holders to vote on proposals and direct the future of the DAO, including changes to Setts and the treasury. Secondly, it is used to distribute rewards to users who stake their assets in the protocol's Setts and participate in the ecosystem, creating an incentive for liquidity provision.
Badger DAO 'Setts' are smart contract-based vaults that automate complex yield farming strategies. A user deposits a tokenized Bitcoin asset (e.g., WBTC) into a Sett, and the smart contract automatically puts those funds to work across various DeFi protocols to generate the highest possible yield. This process auto-compounds returns and socializes gas fees, making yield farming more accessible and efficient for users.