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Badger DAO Has Generated Over $18.1MM Total Revenue Since Launching in December

Amy Liu

Summary: The decentralized organization Badger DAO releases a financial report. According to the report, since launching in December, Badger DAO has generated over $18.1MM total revenue at booking ($15.1MM at current prices), >90% of cumulative revenue has been driven by core strategies; and in the month of May the DAO generated more than $2.8MM of booked ...

The decentralized organization Badger DAO releases a financial report. According to the report, since launching in December, Badger DAO has generated over $18.1MM total revenue at booking ($15.1MM at current prices), >90% of cumulative revenue has been driven by core strategies; and in the month of May the DAO generated more than $2.8MM of booked Revenue across all product lines including the new Bridge and ibBTC.

Net income over the first 6 months of operations was $15.2MM, or $3.41 net-income (earnings) per share, and Badger currently trades at 3.7 times earnings. More recently the DAO has begun launching Bitcoin focused setts in partnership with other DAOs to grow BTCs use across DeFi.

By Amy Liu

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