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About

Ducat is a Bitcoin Layer 1 credit and stablecoin protocol that lets BTC holders borrow dollar-pegged assets without giving up custody of their Bitcoin. Users deposit BTC into a non-custodial 2-of-2 Taproot vault and can borrow UNIT or USDC while keeping the loan logic on Bitcoin rather than using bridges, sidechains, or external chains. The protocol offers zero ongoing interest and instead charges a one-time 7% minting service fee when UNIT is created. Borrowers can choose their collateral ratio, monitor their position and liquidation price, and borrow up to 62.5% of the BTC value in a vault. UNIT is a dollar-pegged stablecoin issued on Bitcoin Layer 1 and backed by overcollateralized BTC, with support for conversion to USDC. Ducat is designed for Bitcoin holders who want access to dollar liquidity while retaining exposure to their BTC and using a non-custodial, Bitcoin-native borrowing system.

About

Merlin Chain will bring innovation and utilities on Layer2 with those native Layer1 assets. Merlin Chain offers low fees and high scalability as an EVM-compatible chain, ensuring swift transaction processing and enhancing transaction liquidity. Merlin Chain supports popular Bitcoin protocols such as BRC20, BRC420, Bitmap, Atomicals, Pipe, Stamp, and more, enabling a more extensive user base to interact on Bitcoin Layer2. Merlin Chain has implemented ZK-Rollup to enhance efficiency and scalability, with sequencer nodes responsibly managing data transmission via decentralized Oracles, ensuring transparency and security. Merlin Chain continues its commitment to fair launches and community-driven native innovations on Layer2, dedicated to delivering unique solutions designed for the Bitcoin network and its users.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Bitcoin holders, crypto investors, institutions, and decentralized finance users seeking non-custodial borrowing and dollar liquidity backed by BTC on Bitcoin Layer 1

Audience

Crypto investors interested in a native Layer2 solution that helps earn Bitcoin

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Not Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

No images available

Screenshots and Videos

Pricing

No information available.
Free Version Supported
Free Trial Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Not Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Ducat Protocol
Founded: 2000
United Kingdom
ducatprotocol.com

Company Information

Merlin Chain
merlinchain.io

Alternatives

Alternatives

Leather

Leather

Leather Wallet
Merlin Business Intelligence

Merlin Business Intelligence

Merlin Business Software

Categories

Categories

Blockchain Supported
Layer 2 Protocols Supported

Integrations

Bitcoin Supported
BitcoinOS Not Supported
Bitget Wallet Not Supported
Bybit Wallet Not Supported
DEX Screener Not Supported
Holograph Not Supported
OKX Wallet Not Supported
UniSat Wallet Not Supported

Integrations

Bitcoin Supported
BitcoinOS Supported
Bitget Wallet Supported
Bybit Wallet Supported
DEX Screener Supported
Holograph Supported
OKX Wallet Supported
UniSat Wallet Supported
Claim Ducat Protocol and update features and information
Claim Ducat Protocol and update features and information
Claim Merlin Chain and update features and information
Claim Merlin Chain and update features and information