Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Ducat is a Bitcoin-native lending and stablecoin protocol that enables users to borrow against BTC without transferring custody to a centralized lender. The protocol places Bitcoin into a 2-of-2 Taproot vault and allows borrowers to mint UNIT or receive USDC against the value of their collateral. Loan creation, redemptions, liquidations, and other core mechanics are enforced through Bitcoin transactions and Script rather than through an external blockchain or Layer 2 network. Borrowers can select different collateral ratios based on their preferred risk level and can borrow up to 62.5% of the BTC value held in a vault. Ducat charges a one-time 7% minting fee and does not charge ongoing interest on the loan. A dashboard shows collateral ratios, liquidation prices, BTC price updates, and vault health so users can monitor and manage their borrowing positions. UNIT is a dollar-pegged stablecoin backed by overcollateralized Bitcoin and can be transferred through the protocol's ecash layer or exchanged for USDC. The protocol also includes a liquidation system in which participants can recapitalize undercollateralized vaults and receive discounted BTC. Ducat states that every vault and loan can be independently verified on Bitcoin and that the system can operate without custodians, bridges, or wrapped BTC. Ducat is intended for Bitcoin holders, BTC-focused investors, and decentralized finance users seeking non-custodial access to dollar-denominated liquidity.
Description
Leather Wallet is designed for Bitcoin users who want to move beyond holding and actively earn yield through the growing Bitcoin DeFi ecosystem. Fully open-source and non-custodial, it allows users to stack Bitcoin, earn sBTC rewards, and tap into protocols on Stacks, Bitcoin’s leading L2 network. Users can participate in pooled and liquid stacking, with historical yields between 5–10%, or explore additional opportunities through integrated protocols like ALEX for swaps and lending, Bitflow for liquidity aggregation, Granite for stablecoin borrowing, Hermetica for synthetic dollars, Velar for DeFi trading, and Zest Protocol for lending and yield strategies. By supporting multiple earning methods, Leather provides flexibility for both passive and active investors. The wallet is available across browsers and mobile devices, ensuring easy access from anywhere. Security remains central, with non-custodial control that keeps users in charge of their private keys and funds. In addition to earning, Leather includes guides, developer tools, and community resources for onboarding and exploration. For Bitcoin holders seeking real yield opportunities, Leather is a gateway to the emerging Stacks-powered financial ecosystem.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
Bitcoin
ALEX
Arkadiko
Brave Browser
Clarinet
Gamma
Google Chrome
Ledger
Lightning Network
Mozilla Firefox
Integrations
Bitcoin
ALEX
Arkadiko
Brave Browser
Clarinet
Gamma
Google Chrome
Ledger
Lightning Network
Mozilla Firefox
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
Free
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Ducat Protocol
Founded
2000
Country
United Kingdom
Website
ducatprotocol.com
Vendor Details
Company Name
Leather Wallet
Founded
2021
Country
United States
Website
leather.io