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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

An open source community dedicated to scaling Bitcoin, especially its proof-of-work security, to meet global needs and emerging use cases, while sticking as close as possible to Bitcoin's original ideals. Syscoin's evolution across ten years of main net and the foresight reflected in its design means the project has a head-start providing a comprehensive network and protocol for projects aiming to achieve Bitcoin L2. Syscoin is a mainnet Bitcoin L2 that provides a data availability protocol that scales, making EVM and AltVM rollups on Bitcoin a reality. Merge-mined by a majority of Bitcoin's hash rate, Syscoin anchors rollups to Bitcoin's own proof-of-work and works with rollups’ existing sequencer architectures. Syscoin provides Bitcoin with a scalable data availability layer which is necessary for rollups (and other EVM or AltVM layers) to tap into Bitcoin's network in a safe and scalable way.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

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

Anyone requiring a solution providing an ecosystem to secure their rollups through data availability

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

No images available

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

Free
Free Version
Free Trial

Reviews/Ratings

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

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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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Ducat Protocol
Founded: 2000
United Kingdom
ducatprotocol.com

Company Information

Syscoin
Canada
syscoin.org

Alternatives

Alternatives

Leather

Leather

Leather Wallet

Categories

Categories

Integrations

Bitcoin
Allnodes
Ankr
Cartesi
Chainge Finance
DEX Screener
Ethereum
FOX Wallet
MetaMask
Polyhedra
Sentry
StakeCube

Integrations

Bitcoin
Allnodes
Ankr
Cartesi
Chainge Finance
DEX Screener
Ethereum
FOX Wallet
MetaMask
Polyhedra
Sentry
StakeCube
Claim Ducat Protocol and update features and information
Claim Ducat Protocol and update features and information
Claim Syscoin and update features and information
Claim Syscoin and update features and information