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Ducat

Ducat  

26 Watchlists

DeFi

Status

Market Data Unavailable

General Info

Funds and Backers

Description

Ducat is a decentralized stablecoin protocol designed for Bitcoin's Layer 1.

What is Ducat?

Ducat is a decentralized stablecoin protocol designed for Bitcoin's Layer 1. It features a governance token, DUCAT, which is native to Bitcoin and represented through Bitcoin Runes. The protocol's governance is facilitated by zero-knowledge proof circuits that are permanently recorded on Bitcoin ordinal inscriptions, ensuring secure and transparent decision-making within the Ducat ecosystem.

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