BadgerDAO (BADGER) is a decentralised autonomous organisation (DAO) that integrates Bitcoin into DeFi through the use of an analogue token known as DIGG. DIGG uses an algorithm to maintain its peg to BTC, much like the way the stablecoin DAI maintains its peg to the US dollar. BADGER is the governance token of BadgerDAO. It allows holders to vote on changes to the BadgerDAO protocol and fee structures, while BADGER tokens are paid to developers and users of the platform.
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Band Protocol (BAND) is a cross-chain data “oracle” that is able to take real-world data and supply it to smart contracts and other on-chain applications (similar to Chainlink). BAND tokens can be staked to help verify transactions on the network and are also used by smart contract developers to pay for the services of the network’s oracles.

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Mirror Protocol (MIR) is a decentralised derivatives platform that allows for the creation and trading of synthetic versions of real-world assets through what’s known as Mirrored Assets. MIR is the protocol’s governance token, giving holders the ability to vote on changes to the protocol and the development of the project. It can be earned by staking MIR tokens, as well as providing collateral to liquidity pools.
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5 hottest DeFi news of the week

1.On Ethereum the first NFT magazine: collectible covers and top 10 to discover all the industry leaders

2.Coinbase NFT: the announcement of the new marketplace

3.Browser-based DeFi wallet XDEFI launches public version

4.Elon Musk’s Tesla is already $1 billion in profit from holding Bitcoin

5.Russia considers new energy tariffs as Chinese crypto miners relocate

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