Badger DAO DIGG: What It Is, Why It Mattered, and What Happened Next
When Badger DAO, a decentralized autonomous organization built to bring Bitcoin into DeFi launched DIGG, a bitcoin-backed token designed to track Bitcoin’s price with automatic supply adjustments, it wasn’t just another crypto experiment. It was a bold claim: that Bitcoin could be more than a store of value—it could be a living, dynamic asset in DeFi. DIGG used a rebasing mechanism to expand or shrink its supply daily, trying to mimic Bitcoin’s scarcity while staying pegged to its price. This made it one of the first attempts to create a truly Bitcoin-native yield asset. Also known as digital Bitcoin, DIGG was meant to let users earn yield on BTC without giving up control—no wrapped tokens, no custodians.
But DIGG didn’t survive. The rebasing model, borrowed from other DeFi projects, turned volatile. When Bitcoin moved fast, DIGG’s supply adjustments lagged. Users got flooded with tokens during rallies, then saw their holdings shrink during dips. The community lost trust. By 2022, the project had quietly shifted focus, and DIGG’s market cap collapsed. What’s left today is mostly a cautionary tale. Yet, Badger DAO didn’t disappear. It kept building tools like Sett Vaults and native Bitcoin bridges. DIGG’s failure taught the market something important: if you try to automate scarcity, you better get the math perfect—or users will walk away. And they did.
Below, you’ll find posts that dig into the deeper layers of crypto systems—how P2P networks keep Bitcoin alive, how countries like Colombia and Pakistan are shaping regulation, and how tokens like Wrapped VSG and Franklin FLY expose the risks of opaque projects. DIGG’s story isn’t unique. It’s part of a pattern: innovation, hype, collapse, and lessons learned. These posts help you spot the next one before it blows up.
What is DIGG (DIGG) crypto coin? Bitcoin-pegged rebasing token explained
DIGG is an algorithmic crypto token designed to track Bitcoin's price through daily supply adjustments. Launched by Badger DAO in 2020, it failed to maintain its peg during market volatility and is now a low-liquidity relic with minimal adoption.