Ratings and Reviews 0 Ratings

Total 0 out of 5 stars
ease 0 out of 5 stars
features 0 out of 5 stars
design 0 out of 5 stars
support 0 out of 5 stars

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total 0 out of 5 stars
ease 0 out of 5 stars
features 0 out of 5 stars
design 0 out of 5 stars
support 0 out of 5 stars

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • Bryt Software Reviews & Ratings
    4.8 out of 5 stars 19 Ratings
    Company Website for Bryt Software
  • YouHodler Reviews & Ratings
    4.7 out of 5 stars 28 Ratings
  • CEX.IO Reviews & Ratings
    4.5 out of 5 stars 29 Ratings
    Company Website for CEX.IO
  • Mortgage Automator Reviews & Ratings
    4.9 out of 5 stars 198 Ratings
    Company Website for Mortgage Automator
  • ND Wallet Reviews & Ratings
    4.9 out of 5 stars 14 Ratings
    Company Website for ND Wallet
  • LendingPad Reviews & Ratings
    4.6 out of 5 stars 302 Ratings
    Company Website for LendingPad
  • PackageX Workflows Reviews & Ratings
    4.8 out of 5 stars 187 Ratings
    Company Website for PackageX Workflows
  • LoanPro Reviews & Ratings
    4.6 out of 5 stars 182 Ratings
    Company Website for LoanPro
  • FinOpsly Reviews & Ratings
    4.7 out of 5 stars 3 Ratings
    Company Website for FinOpsly
  • Securden Password Vault for Enterprises Reviews & Ratings
    4.6 out of 5 stars 63 Ratings

What is Ducat Protocol?

Ducat is a Bitcoin Layer 1 credit protocol that allows users to borrow dollar-pegged assets against their BTC while retaining non-custodial control of the collateral. Borrowers lock Bitcoin into a 2-of-2 Taproot vault and can receive either UNIT or USDC without bridging or wrapping their BTC. The protocol's loan logic, vault creation, liquidation rules, and redemptions are enforced through Bitcoin transactions and Bitcoin Script. Ducat lets users choose a collateral ratio based on their risk tolerance and supports borrowing up to 62.5% of the BTC value deposited in a vault. Instead of charging recurring interest, the protocol applies a one-time 7% minting service charge when UNIT is issued. Borrowers can repay at any time and redeem their Bitcoin, with the protocol stating that BTC redemption can occur within a single Bitcoin block. UNIT is a dollar-pegged stablecoin backed by overcollateralized BTC and issued directly on Bitcoin Layer 1. The protocol also supports USDC conversion for users who prefer external dollar liquidity rather than holding UNIT. Position management tools provide collateral tracking, liquidation-price monitoring, real-time BTC price updates, and dynamic health indicators from a central dashboard. If a vault falls below the protocol's collateral threshold, third parties can participate in liquidations by recapitalizing the position and receiving BTC at a discount. Ducat is designed for Bitcoin holders, digital asset investors, institutions, and decentralized finance users who want Bitcoin-backed liquidity while keeping borrowing activity anchored to the Bitcoin base layer.

What is Buenbit?

Create your dollarized account in the cloud and benefit from daily interest, ensuring that your savings remain easily accessible, unlike those in conventional banks. No longer will you need to keep cash hidden in unsafe places, as our secure and intuitive platform offers peace of mind. Start your journey into dollarization today and begin earning interest right away. Personally, I find comfort in knowing that my savings are protected in an excellent environment. DAI, a digital asset resembling the dollar, is backed by collateral, aimed at providing stability as it strives to replicate the value of the US dollar through a solid support protocol. Our committed team publishes insightful and engaging articles weekly, designed to enhance your understanding of the cryptocurrency ecosystem and assist you in making educated decisions. Each month, we explore critical topics related to decentralized finance, the safety of crypto assets, digital wallets, and other pertinent areas to engage with our audience, helping to demystify the intricacies of the crypto world. This dedication to education not only empowers our community but also fosters a network of knowledgeable individuals navigating the landscape of digital finance together. By sharing valuable insights, we aim to create a more informed public that can confidently participate in this evolving sector.

Media

No images available

Media

Integrations Supported

Bitcoin

Integrations Supported

Binance
Bitso
Decrypto
Qubit
Ripio
SatoshiTango

API Availability

API Availability

Pricing Information

Pricing not provided
Free Version
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Not specified

Customer Service / Support

Web-Based Support

Training Options

Not specified

Training Options

Documentation Hub

Company Facts

Organization Name

Ducat Protocol

Date Founded

2000

Company Location

United Kingdom

Company Website

ducatprotocol.com

Company Facts

Organization Name

Buenbit

Date Founded

2017

Company Location

Argentina

Company Website

www.buenbit.com

Categories and Features

Categories and Features

Popular Alternatives

Popular Alternatives

hi.com Reviews & Ratings

hi.com

hi Foundation
5.0 out of 5 stars
Leather Reviews & Ratings

Leather

Leather Wallet