Badger DAO, a decentralized finance (DeFi) protocol on absorbing bitcoin liquidity on Ethereum, recently announced a partnership with Yearn.finance.<\/p>\n
Badger DAO<\/a> launched in December as a project looking to drive the adoption of Bitcoin (namely tokenized Bitcoin iterations such as WBTC<\/a> and renBTC) on Ethereum. The project has seen immense traction thus far, garnering over $2 billion worth of deposits as of the highs yesterday.<\/p>\n The project's native coin BADGER has been on a tear over the past few weeks, moving as high as $80 from its lows in the $5 range.<\/p>\n Badger's core team just unveiled that it will be working closely with Yearn.finance to bring value to the project's Bitcoin vaults, which allows depositors to earn additional capital on their initial capital.<\/p>\n “Today we\u2019re excited to develop a partnership that will bring our teams together to further accelerate best in class BTC vaults for the industry. This is a step to further secure users funds as we continue to introduce more Yearn developed, maintained and secured vaults to our users.”<\/p><\/blockquote>\n Excited to announce our partnership w\/@iearnfinance<\/a> to bring the best in class BTC vaults to the industry!<\/p>\n Together we can give users the most innovative yield strategies while upholding the highest level of security. <\/p>\n Read the details ? https:\/\/t.co\/DUiOTqS2K4<\/a><\/p>\n Thread ? pic.twitter.com\/NQjGIrz1ZP<\/a><\/p>\n — \u20bfadger DAO ? (@BadgerDAO) February 10, 2021<\/a><\/p><\/blockquote>\nBadger DAO unveils partnership with DeFi powerhouse Yearn.finance<\/h2>\n
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