Ducat Protocol

Ducat Protocol is an innovative Bitcoin L1-native credit protocol designed for Bitcoin holders who want to leverage their assets without relinquishing custody. The platform allows users to deposit their BTC into a non-custodial vault and borrow dollar-pegged stablecoins, either UNIT or USDC, while maintaining full control of their Bitcoin. This is a game changer for anyone looking to access liquidity without the need to sell their assets and face potential capital gains taxes. With a straightforward one-time 7% minting service charge and 0% ongoing interest, users can confidently borrow against their holdings. Ducat's unique approach ensures that each transaction, from borrowing to liquidation, is regulated by Bitcoin's own scripting language, enhancing security and transparency. This service is particularly useful for traders and investors who may need immediate access to funds while preserving their Bitcoin exposure. With over 4 million transactions and $700 million vaulted in BTC, Ducat Protocol is establishing itself as a reliable option for both individual investors and institutions alike. By providing real-time monitoring of collateral ratios and liquidation thresholds, users can manage their risk effectively while enjoying the benefits of Bitcoin-backed loans.