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Where did badger coins come from?

WBOY
Release: 2024-07-24 14:13:01
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Badger Coin is an open source digital asset created by Flexa to improve the capital efficiency of DeFi protocols on the Ethereum network. Its main uses include: Improve capital efficiency Provide liquidity Participate in governance decisions

Where did badger coins come from?

Origin of Badger Coin

Badger Coin is an open source digital asset designed to improve the capital efficiency of DeFi protocols on the Ethereum network.

Badger coin was created by Australian blockchain company Flexa. Founded in 2018 by Tyler Spalding and Trevor Filter, Flexa focuses on building decentralized payment networks and financial products.

Uses of Badger Coin

The main uses of Badger Coin are as follows:

  • Improving Capital Efficiency: Badger Coin allows DeFi protocols to utilize idle assets, thereby improving capital efficiency.
  • Providing Liquidity: Badger Coin provides liquidity to DeFi protocols, allowing users to easily transfer assets between different protocols.
  • Governance: Badger coin holders can participate in BadgerDAO governance and make decisions on the future development of the protocol.

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