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BadgerDAO launches the 'eBTC Minting Incentive' program, which will allocate BADGER rewards every two weeks based on the amount of eBTC borrowed.

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$BADGER
ForesightNews
284Words
Aug 2, 2024

Foresight News reported that BadgerDAO, a decentralized autonomous organization focusing on bringing Bitcoin into DeFi, has launched the 'eBTC Minting Incentive' program. This initiative will utilize a portion of the assets from the ibBTC fund to incentivize the minting of eBTC. Every two weeks, $BADGER tokens will be distributed from the ibBTC reward multi-signature and allocated based on the amount of borrowed eBTC. Additionally, the BadgerDAO Treasury has decided to collaborate with Merkl to develop and maintain new reward distribution infrastructure.

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