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The latest crypto stimulus (or DeFi stimulus check, to be more accurate) has just dropped.
Badger DAO, a Bitcoin-focused decentralized finance project based on Ethereum, just rolled out a new coin called DIGG. BADGER, the governance token for the protocol, already exists.
In May, Bitcoin underwent its long-awaited block reward halving. The number of coins mined per block was cut in half, leading many to expect a massive surge as the market supply of BTC was technically supposed to decrease relative to demand.
And it did… kinda.
Key Takeaways
Compound surged over 10% after integrating Curv, a crypto custodian focused on institutional investors. Compound will leverage the technology to help institutional clients earn rewards on their idled tokens.