BADGE Token
BADGE, the native coin of the BitBadges chain. Its purposes, supply and distribution, and the validator rewards and proof-of-authority model.
BADGE is the native gas coin of the BitBadges chain (denom ubadge). Read the BADGE disclosure and the other policies on the site for full disclaimers.
Purposes
- Gas and transaction fees.
- Proof of stake and proof of authority. Validators bond BADGE to secure the network.
- In-site currency. The site prioritizes more established coins such as USDC for in-site use.
- Fee sink. The 0.1% taker fee on swaps goes to the community pool. See FAQ for the fee schedule.
Distribution
The explorer shows current supply, distribution, and validators. Read current chain state rather than treating a historical allocation as today's circulating supply.
BADGE trades on Osmosis at app.osmosis.zone/assets/BADGE and works with other IBC-enabled services.
Security Model
BitBadges combines proof-of-stake validator rewards with a proof-of-authority delegation model.
Validator Rewards and Delegations
Validator rewards, program eligibility, and delegated allocations can change independently. A delegation shown in the explorer is voting power assigned to a validator; it is not evidence that the validator owns those tokens or that a historical reward has been paid.
Use the BADGE disclosure for published program terms, and check the explorer and relevant governance proposals for current delegations and executed distributions. Do not infer circulating supply or a restriction on selling from delegated balances alone.