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Oct 20

State of the DAO: 2023-Q3

TL;DRIn Q3 BadgerDAO focused on building the eBTC protocol, pushing through the final stages of development. Further audits of eBTC were completed to ensure the safety and robustness of the product at launch. While the Badger Treasury continued to bring positive returns in Q3, these returns have diminished due to yields moving lower in DeFi across the board. Some highlights of the most important treasury events:~$2M decrease in the notional value of treasury holdings due to price depreciation...

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