Ducat

Bitcoin-native credit and stablecoin protocol.
Vaults, loans, redemptions, and liquidations on Bitcoin L1, enforced by Bitcoin Script and verifiable on Bitcoin.

[Ducat @Ducatstable]

Bitcoin brought you permissionless money, Ducat brings you permissionless loans on Bitcoin Layer 1, now in your pocket.

Ducat just went mobile.

[4lex @_4lex_4]

https://t.co/gzoIkNXjUO

[CoinMarketCap @CoinMarketCap]

Ducat's Mainnet Alpha has expanded to Phase 2.

Users can borrow against BTC on Bitcoin L1. Access is invite-only. Learn more below 👇

(CMC Labs: Partnership)

[Ducat @Ducatstable]

Ducat Mainnet Alpha is expanding ⚡

Phase 1 filled immediately. Real users, real BTC, real loans on Bitcoin L1.

Now we're opening more spots. Entry is still capped and invite only.

Alpha users earn boosted Quanta every day their vault is active.

Join our Discord, head to the redeem-code channel, and open a ticket to request access.

Link in bio.

Your keys. Your coins. Your credit. Only with Ducat.

[Ducat @Ducatstable]

Ducat is a Bitcoin native credit and stablecoin protocol targeting the biggest opportunity in crypto.

Over $1 trillion of Bitcoin sits idle. The reason Bitcoiners do not borrow against their Bitcoin is simple.

They don't trust custodians.

Ducat has solved that by building the first non-custodial lending platform on Bitcoin layer 1, with vaults, stablecoin issuance and liquidations enforced by Bitcoin script.

Non-custodial, BTC-backed loans.

Borrow dollars against your BTC without selling or giving up custody.

Mainnet Alpha Phase 1 closed, Phase 2 imminent.

[Ducat @Ducatstable]

https://t.co/A1eJAG5rTf

[Ducat @Ducatstable]

@ARA_onX Join Discord, speak to team, we will add you to waitlist.

[Ducat @Ducatstable]

Welcome to Mainnet Alpha.

Today we open the doors to our first users on mainnet.

Spaces for the closed alpha filled immediately.

If you were selected for the first group, you are part of an important moment for Bitcoin.

Credit markets and stablecoins, native to L1.

The next wave is coming.

Godspeed 🚀

[Ducat @Ducatstable]

@shohag69g Ofc reward for the community.

[Ducat @Ducatstable]

Happy Mainnet Alpha Week!

After two years of building, this week we'll be accepting our first Ducat users on Mainnet.

Building on L1 is hard. No smart contracts, no project before us to learn
from. Every day we've been breaking ice and innovating.

But the opportunity is so massive it was worth it. Over $1T of idle capital, waiting for a platform like Ducat to finally access dollar liquidity and yield against their BTC without relying on an external chain.

Bitcoin native credit markets will change how people use Bitcoin forever.

Initially this is a closed alpha, so spaces are limited and demand is high.

Alpha users will be rewarded for being early supporters.

To take part, turn notifications on, we'll be sharing more details soon.

Godspeed 🚀

[Ducat @Ducatstable]

With Ducat, loan state is written into Bitcoin transactions.

Redemption and liquidation are enforced by Bitcoin Script.

Ducat gives Bitcoiners credit without compromising the reason they hold Bitcoin in the first place.

Mainnet Closed Alpha coming soon.

Invite only.

[Ducat @Ducatstable]

Ducat is about to bring the entire credit stack to Bitcoin L1.

Vaults, loans, stablecoin issuance, redemption and liquidations.

All enforced and verifiable on Bitcoin L1.

Mainnet Closed Alpha coming soon.

Support Ducat. Earn Quanta. Invite only.

[Ducat @Ducatstable]

14/ Vaults, loans, UNIT, redemptions, and liquidations, together in one Bitcoin-native system. Credit without compromising the reason you hold Bitcoin.

Mainnet soon.

[Ducat @Ducatstable]

1/ Ducat is building the first credit market native to Bitcoin L1. Many protocols let you borrow against BTC. But the system that issues the debt, tracks the loan, and clears liquidations always lives off Bitcoin. Ducat brings credit markets to Bitcoin itself. 🧵

[Ducat @Ducatstable]

13/ Bitcoin already won as the world's best collateral. The missing layer is a native credit market. Not wrapped BTC. Not custodial BTC. Not BTC running on someone else's chain. That is the gap Ducat closes.