Badger DAO is a decentralized autonomous organization (DAO) that enables bitcoin to be used as collateral across decentralized finance (DeFi) applications.
Badger's first product, Sett Vaults, allows users to earn yield on their synthetic BTC assets.
In our today’s video, Badger DAO's core team member Ben Leibig, has joined a zoom meeting with our Co-Founder Michael to discuss and reveal some most important Crypto and Life Secrets such as:
00:40 - Walking through DAOs
02:15 - Problems from TradFi that were brought to DeFi
05:25 - Here is how DAOs make a key difference between TradFi and DeFi
13:45 - "The default assumption is Yes, BUT..." - this is how Western Democracy Systems should work!
16:20 - Limitation of power for whoever is in charge in politics and decision making.
20:40 - Managing Treasuries - how to do that properly?
23:40 - Participation vs Voting - which goal should DAOs focus on?
27:55 - Facilitated process of discussion in BadgerDAO.
DEFIYIELD is The Cross-Chain Asset Management Client for DeFi, the leader of audits in DeFi, and an author of the DeFi Bible "The Wall Street Era is Over": https://www.amazon.com/Decentralized-Finance-DeFi-Investors-Cryptocurrency-ebook/dp/B094X2BJH9
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