Ducat is about to bring the entire credit stack to Bitcoin L1.
Vaults, loans, stablecoin issuance, redemption and liquidations.
All enforced and verifiable on Bitcoin L1.
Mainnet Closed Alpha coming soon.
Support Ducat. Earn Quanta. Invite only.
1/ Ducat is building the first credit market native to Bitcoin L1. Many protocols let you borrow against BTC. But the system that issues the debt, tracks the loan, and clears liquidations always lives off Bitcoin. Ducat brings credit markets to Bitcoin itself. 🧵
13/ Bitcoin already won as the world's best collateral. The missing layer is a native credit market. Not wrapped BTC. Not custodial BTC. Not BTC running on someone else's chain. That is the gap Ducat closes.
14/ Vaults, loans, UNIT, redemptions, and liquidations, together in one Bitcoin-native system. Credit without compromising the reason you hold Bitcoin.
Mainnet soon.