Bridging Bitcoin to DeFi: Pocket’s Support of Badger
Badger is a decentralized autonomous organization (DAO) focused on building the products and infrastructure necessary to accelerate the growth of Bitcoin in Decentralized Finance (DeFi) across multiple blockchains. We chatted with Badger to learn more about their Web3 infrastructure needs, and how Badger has been using Pocket to supercharge their growth.
Badger: DeFi Meets Bitcoin
Bitcoin was first presented as a peer-to-peer currency, evolving into a safe-haven asset, store of value, and “digital gold”. Since Badger’s launch in December of 2020, the DAO has developed and released several products focused on optimizing yield generation for Bitcoin in DeFi, including interest bearing assets, liquid locked influence tokens, and automated smart contracts or “vaults”. More than ever, Badger is hyper focused on enabling this extraordinary asset to thrive in decentralized finance and will continue to build the infrastructure necessary to do so.
Badger recently highlighted their efforts towards these goals, and where they’re heading next, in their 2022 retrospective.
Pocket Network is Supporting Badger on its Mission
Badger has been using Pocket to supercharge their growth and bring more DeFi use cases to Bitcoin.
We spoke with their team to learn more about their infrastructure needs, how they have been using Pocket Network, their trajectory, and more.
What are the Infrastructure Needs of dApps Like Badger?
Many decentralized applications come up with unique use cases in crypto, but in setting out to address those use cases they may realize that some of the infrastructure they rely on is not ready to handle their needs.
As a result, many have to deal with unexpected DevOps costs while allocating time and resources to handling infrastructure, instead of focusing more directly on their value proposition.
In Badger’s case, they were not able to sufficiently handle RPC requests from chains like Polygon or Avalanche in the early days, given the lack of options with providers.
Additionally, centralized providers, due to single points of failures and lack of decentralization, lead to more downtime and errors, creating challenges for the Badger team.
Badger’s Use of Pocket Network
The Badger team sees Pocket as a great solution in comparison to centralized providers or other alternatives that limit scalability in terms of RPC requests.
The team reinforced Pocket’s differentiator of a fully decentralized network of 25K+ nodes, while still functioning with a clean UX, presenting an easy-to-use infrastructure tool for a variety of their needs.
The use cases for the data retrieved via Pocket are wide-ranging and depend on any given application’s value proposition.
Badger mostly “reads batches/multi-call queries on events and on-chain read data.” Another use-case they cited is “powering in-home indexers for tracking events to build the off-chain state in tandem with The Graph Protocol, for day-to-day querying of blockchain by forking using ETH-brownie or ETH-ape.”
Supporting dApps in Alignment with Web3 Values
Pocket is on a mission to support the rise of decentralized applications as the de facto way for people to interact online, from entertainment to finance and beyond.
Developers working on decentralized applications across all kinds of verticals are making Pocket the new home for their RPC requests, while allowing them to stay true to the values of Web3.
With Pocket, you can take advantage of a one-stop-shop for multi-chain access, and query the blockchain data you need by easily linking your applications to any of the dozens of our supported blockchains on the Pocket Portal, instead of spending excessive in-house resources for DevOps.
By offering a cost-effective, decentralized, and maximum-uptime solution for developers, Pocket can free your time and enable you to focus on building the differentiators of your product - leave the infrastructure to us!
Our “Pay As You Go” (PAYG) pricing model enables you to scale your infrastructure service in tandem with your dApp’s growth, without paying for more throughput than you need. To get started, you can tap into the Always Free tier (enabling up to 250,000 daily relays), and service the early adoption needs of your dApp.