$BADGER stands as the governance token pivotal to the operations of Badger DAO. While initially conceived to empower holders with voting rights on project proposals, its utility has since evolved. Key functionalities of $BADGER include:

Governance: Token holders are endowed with voting rights in the DAO, enabling them to actively influence decision-making processes and the trajectory of the platform.

Reward Distribution: The token is integral to the distribution of rewards, especially for those stewarding the Sett Vaults. This dynamic helps in engendering a sense of participation and ownership among the community.

Protocol Revenue: $BADGER holders are privy to cash flows emanating from protocol fees, creating a tangible incentive to remain engaged and invested in the platform's growth.

It's noteworthy that $BADGER's launch did not involve an Initial Coin Offering (ICO), nor was liquidity provisioned by the Badger DAO team. The token's value is determined by market dynamics, reflecting its demand, utility, and perceived worth by the community.