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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

Liquidium is a decentralized protocol for Bitcoin lending that allows users to borrow BTC using Ordinals, Runes, and BRC-20 tokens as collateral, while also providing opportunities to lend BTC for returns of up to 380% APY. Borrowers can obtain Bitcoin loans by leveraging their digital assets, which are securely held in a Discreet Log Contract (DLC) until the loan is repaid, facilitating a quick and safe transaction process. Those who lend BTC earn interest on their contributions; if a borrower fulfills their repayment, the lender receives both the principal and accrued interest, whereas failure to repay results in the lender obtaining the collateral. All operations are inherently secured on the Bitcoin blockchain, with no need for wrapping or bridging, ensuring that only Bitcoin is utilized. Liquidium employs non-custodial escrows that utilize DLCs to maintain the security of collateral during the loan period. This innovative platform supports both borrowing and lending against various Bitcoin-based assets, including Ordinals, Runes, and BRC-20 tokens. By lending your BTC, you can earn interest while each transaction is backed by an inscription within a Bitcoin DLC, ensuring the integrity of the process. The unique structure of Liquidium promotes a trustless environment where users can engage confidently in Bitcoin lending activities.

API Access

Has API

API Access

Has API

Screenshots View All

No images available

Screenshots View All

Integrations

Bitcoin
Dotswap
Magic Eden
OKX
Orange Wallet
UniSat Wallet
Xverse

Integrations

Bitcoin
Dotswap
Magic Eden
OKX
Orange Wallet
UniSat Wallet
Xverse

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
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

Liquidium

Founded

2022

Country

United States

Website

liquidium.fi/

Product Features

Product Features

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