About DIGG

DIGG is the first decentralized, elastic supply cryptocurrency pegged to Bitcoin’s price and overseen by BadgerDAO. Unlike custodial Bitcoin on Ethereum, DIGG is not backed by Bitcoin held under management. Instead, it depends on predefined rules within its smart contracts to maintain a loose connection to BTC. Every day, a process called a 'rebase' occurs: if DIGG’s price exceeds 1.05 BTC, its supply increases; if it falls below 0.95 BTC, the supply decreases. If the price stays between 0.95 and 1.05 BTC, no change happens. This mechanism nudges the circulating supply toward an equilibrium where the market’s demand results in a DIGG price equal to BTC’s current value. Rebases alter the number of DIGG tokens in your wallet but do not affect your ownership percentage. Holding DIGG or stakin...