ducat Airdrop
What is Ducat ? Ducat focuses on creating an overcollateralized primitive for Bitcoin DeFi through its stablecoin UNIT. The protocol operates entirely on Bitcoin infrastructure, utilizing the DUCAT to
Risk Warning
- Do your own research (DYOR) - We do not verify or endorse ducat or any other project
- Never share your private keys, seed phrases, or passwords
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- No guarantees - Participation does not guarantee any rewards
About ducat
## ducat What is Ducat ? Ducat focuses on creating an overcollateralized primitive for Bitcoin DeFi through its stablecoin UNIT. The protocol operates entirely on Bitcoin infrastructure, utilizing the DUCAT token to manage the issuance and redemption of UNIT Collateralized Debt Positions (CDPs). The protocol’s governance structure is built around DUCAT, a Bitcoin-native governance token implemented as Bitcoin Runes. This approach ensures that governance remains within the Bitcoin ecosystem while leveraging an ordinal inscriptions consensus mechanism. Ducat Protocol has demonstrated strong investor confidence, recently completing a $1.5M strategic funding round led by Hivemind Capital, with participation from Native Crypto via Echo. This brings their total funding to $4M, building on their previous $2.5M pre-seed extension. **Temperature:** 0° ### Steps to Participate 1. Connect Your Bitcoin Wallet – 2. Create Your Account – 3. Claim Testnet Tokens 4. Invite Friends to Join 5. Complete Protocol Missions 6. Participate in Galxe Campaigns – *Source: [airdrops.io](https://airdrops.io/ducat/)*
How to Participate
### Steps to Participate 1. Connect Your Bitcoin Wallet – 2. Create Your Account – 3. Claim Testnet Tokens 4. Invite Friends to Join 5. Complete Protocol Missions 6. Participate in Galxe Campaigns –