Ducat

DUCAT | An onchain treasury engineered to move one way. Backed by assets, with monetary policy governed by v4 hooks.

No token or NFTs are live yet.

[Ducat @ducat_money]

https://t.co/ewnHGXfUNF

[Ducat @ducat_money]

24 hours until launch.

[Ducat @ducat_money]

Full reveal of our 1,000 custom NFT Passes tomorrow.

Auctions start Tuesday.

Hoods up.

[Ducat @ducat_money]

The Ducat Simulator is now live.

Toggle the protocol's mechanics and plan your token/NFT exposure ahead of launch.

Share a simulation of your planned position for a chance at one of our few remaining NFT whitelist spots.

https://t.co/log1KwtX6y

[Ducat @ducat_money]

Check out the full stream here: https://t.co/wfKKQhvOBa

[Ducat @ducat_money]

Thank you to @virtualbacon for checking out DUCAT and breaking down how it differs from similar primitives.

We look forward to sharing an educational series to further that conversation.

[Ducat @ducat_money]

We are grateful for all the excitement around DUCAT's launch.

To ensure everyone can participate at launch without issues, we are currently working with @Uniswap to whitelist our v4 hook.

As such, we've made the difficult decision to postpone the DUCAT launch to Tuesday, September 29th at 9am EST.

[Ducat @ducat_money]

@zkay_eth Received

[Ducat @ducat_money]

An important message from The Guardian:

We have a limited number of whitelist spots for the Ducat NFT Passes (which begin auctioning after launch on Friday).

If you're interested in a spot... (1) QT our pinned tweet (2) craft a post with your take on Ducat, and (3) shoot them to us via DM.

There's a maximum of only 1,000 NFT Passes across the Founder, Charter, and Member tiers. They'll collect at least half of every DUCAT expansion while being redeemable for the protocol's tokenized equity backing ($AAPL, $TSLA, $NVDA). We expect you'll appreciate the art as well.

Receiving a whitelist spot means you won't need to meet the minimum bonding requirement ($250-$1,000) to participate in NFT auctioning.

[Ducat @ducat_money]

@pepemaxi_ Received

[Ducat @ducat_money]

@I_am_derehabeeb Received

[Ducat @ducat_money]

@chinaspecials Received

[Ducat @ducat_money]

@_just_LUKMAN Received

[Ducat @ducat_money]

@JR1crypto Received

[Ducat @ducat_money]

@robapuros Received

[Ducat @ducat_money]

@givemesemuny Received

[Ducat @ducat_money]

@FiberFox99 Robinhood

[Ducat @ducat_money]

1/

DUCAT will launch Friday, September 25th around 9am EST.

CA: 0xD0cA71118ca21D674f9018A53026a38A0AB54DbF

A first-of-its-kind onchain banking experiment.

More details below.

[Ducat @ducat_money]

5/

All protocol communications will come from the official @ducat_money handle.

We'll share more about participating in the protocol over the next 48 hours, both as a senior member (DUCAT holders) and junior member (NFT holders).

Soon, the Ducat experiment commences.

[Ducat @ducat_money]

4/

Protocol bonds will open 1-2 hours after token trading goes live, once the oracle has a read worth pricing against.

From there, the protocol runs on eight-hour epochs, the first twelve of which are the bootstrap (four days).

NFT Pass auctions begin day one as well, with one Dutch auction for each of the three ranks (Founder, Charter, Member) on those same epochs. Auction eligibility comes from bonding volume.