Ducat (DUCAT)

Ducat is a decentralised non-custodial Bitcoin-native governance token in the form of Bitcoin Runes. Governance will be enabled via zero-knowledge proof circuits memorialised on Bitcoin ordinal inscriptions.

Strategic Round: $1.25M

Whitepaper

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Interest lvl

NA

Updated: Jun 02, 2025

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User Rating

Medium

3/5 • 1 votes

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Ticker

DUCAT, UNIT

Type

Utility-token

Registration countryVirgin Islands (British)

Registration year2024

Office addressMandar House, 3rd Floor, Johnson’s Ghut, Tortola, British Virgin Islands

Ecosystems

Bitcoin

What is Ducat

Ducat project, known as the Ducat Protocol, is a decentralized stablecoin platform built on Bitcoin's Layer 1. It introduces UNIT, a Bitcoin-native stablecoin, utilizing Collateralized Debt Positions (CDPs), zero-knowledge proofs, and ordinal inscriptions to enhance Bitcoin's programmability. The protocol is governed by the DUCAT token, a Bitcoin-native governance token in the form of Bitcoin Runes.