什么是 Ducat?

Ducat is a Bitcoin-native DeFi protocol that allows users to deposit BTC into self-managed vaults and borrow UNIT—an overcollateralized stablecoin pegged to the U.S. dollar. Uniquely, the entire system is built directly on Bitcoin Layer 1, ensuring maximum decentralization and censorship resistance. With $4M in backing from leading investors including Hivemind, Echo, and Native Crypto, Ducat is pioneering a fully sovereign DeFi ecosystem governed entirely on Bitcoin—no bridges, no wrappers, no compromises.

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