BadgerDAO, a notable player in the decentralized finance (DeFi) space, has partnered with Ethereum staking protocol Lido to introduce eBTC, a stablecoin pegged to the value of Bitcoin. This innovative financial product allows users to take out Bitcoin loans at a 0% interest rate by leveraging Ethereum staking. BadgerDAO aims to generate revenue through this scheme by taking half of the staking rewards, with the remaining half going to the borrowers. The launch of eBTC, described as a collateralized crypto asset soft pegged to Bitcoin and built on the Ethereum network, has also led to the initiation of a new bug bounty program, offering rewards up to $100,000 for identifying vulnerabilities.