Ducat Protocol is a blockchain & crypto tool that enables users to deposit Bitcoin (BTC) and borrow UNIT or USDC without the need to sell their assets. It is designed for indie founders and small teams looking for a way to leverage their Bitcoin holdings without incurring interest or losing custody of their keys.
What Ducat Protocol does
Ducat Protocol allows users to deposit BTC and borrow UNIT or USDC at 0% APR. This process is facilitated through non-custodial Taproot vaults, ensuring that users maintain full control over their Bitcoin. The protocol operates on Bitcoin's Layer 1, providing a secure and efficient way to access liquidity while retaining ownership of the collateral.
Who Ducat Protocol is for
Ducat Protocol is ideal for indie founders and small teams in the blockchain & crypto space who want to utilize their Bitcoin as collateral for loans. It is particularly beneficial for those who seek to avoid selling their assets while needing liquidity for operational expenses or investments. However, users looking for traditional banking features or those who prefer custodial solutions may find this tool less suitable.
Pricing & access
The pricing model for Ducat Protocol is not specified. Users interested in utilizing the service should visit the official website for the latest information on access and potential fees associated with borrowing.
Key features
Deposit BTC and borrow UNIT or USDC without selling your Bitcoin.
Zero interest loans at 0% APR, regardless of the amount borrowed.
Non-custodial Taproot vaults ensure users retain full custody of their Bitcoin.
Single-block redemption for quick and efficient access to borrowed funds.
Borrow against Bitcoin without the need for complex processes or high collateral ratios.
Entirely operates on Bitcoin Layer 1, enhancing security and performance.
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