Weekly Pill — Volume 017

BadgerDAO 🦡
eBTC Protocol
Published in
2 min readMay 28, 2024


  • ETH ↑1.6% to $3.8k and BTC ↓2.5% to $68k
  • ETHBTC ↑10% at 0.056
  • Get Paid to Borrow Bitcoin — Round 3
  • ETH ETF Approval and BTC on the Balance Sheet

ETH/BTC Market Snapshot

After last week’s ETH ETF announcement saw ETH pump by over 30% and BTC by almost 15%, this week has been quieter with ETH up 1.6% to $3.8k and BTC down 2.5% to $68k. As a result, ETHBTC continues its recovery ↑10% to 0.056

Get Paid to Borrow Bitcoin — Round 3

In case you missed it, we are back this month with another 11 stETH of rewards for opening eBTC CDPs with ETH or WETH.

Get Paid to Borrow Bitcoin👇

Dose of ETH

Chris Burniske highlights the bullishness of an ETH ETF on $ETH price if the flows are comparable to the BTC ETF, based on relative valuation and issuance of ETH.

With the approval of the ETH ETF, $ETHBTC is entering a new chapter.

Check out our beautiful animated history of ETHBTC 👇

Dose of BTC

Following in Microstrategy’s footsteps, Semler Scientific, a health tech company, has also embraced #Bitcoin as its main treasury asset.

Semler acquired 581 Bitcoin valued at $40 million.

The company’s stock is up over 30% today on the news.

Last week, we celebrated #BitcoinPizzaDay in honor of the first purchase of a real-world object with cryptocurrency.

What are you planning to buy with your Bitcoin?

Security Spotlight

Security doesn’t stop at launch. Badger is running a post-launch bug bounty with Immunefi for up to $100k.



BadgerDAO 🦡
eBTC Protocol

Supporting Community Driven Growth for Bitcoin across DeFi.