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BadgerDAOBadgerDAOby0xa001B5639e4ed26dF58367016eB08850e3e556550xa001…5655

BIP 41: Inaugural Badger Cetedel Product - Badger BTC Bridge Rewards

Voting ended almost 5 years agoSucceeded

TLDR; Obtain community approval to launch Badger Bridge under The Badger Cetedel Program. Bringing $500B of Bitcoin to DeFi | by Badger DAO 🦡 | Feb, 2021 | Medium 7. Also to incentivize Native Bitcoin minting to wBTC or renBTC via Badger Bridge by allocating up to 25,000 $BADGER and 100 $DIGG tokens and requiring users to deposit their newly minted tokens into vaults to be eligible for the rewards program. The program is proposed to last 3 months with an option for the core team to extend the program by duration.

Vote in favor of the structure laid out above and allocate up to 25k $Badger and 100 $DIGG to rewards pool (unlocked in increments laid out above)

Link to Discussions: https://forum.badger.finance/t/bip-41-inaugural-badger-cetedel-product-badger-btc-bridge-rewards/3577/2

Off-Chain Vote

For
257.39K 98.3%
Against
4.36K 1.7%
Abstain
120.06 0%
Download mobile app to vote

Timeline

Mar 03, 2021Proposal created
Mar 03, 2021Proposal vote started
Mar 05, 2021Proposal vote ended
Oct 26, 2023Proposal updated