Introducing DUCAT Tokenomics

Token Distribution & Economics

DUCAT utilizes Yield Farming technique to distribute 10% of DUCAT over the course of 2 year to DUCAT and DOT farmers, as well as to DUCAT Liquidity Providers.
3 Million DUCAT will be farmed by DUCAT holders.
6 Million DUCAT will be farmed by DUCAT/ETH Liquidity Providers.
1 Million DUCAT for developers team

Token Utility

Ducat is a utility governance token that has multiple use cases outlined below:

Yield-Centric Token:

Ducat will be at the core of yield generating processes of Ducat. All iterations of vaults, farms and lending markets from Ducat will have Ducat as a core token of a product. All vaults will have their rules set to buy Ducat using generated profits prior to distribution.

Governance Voting Rights:

Ducat contracts will be governed by Ducat Token. Ducat holders can negotiate and make relevant proposals to the benefit of the Ducat protocol. The voting proposals they submit must include clear voting options and plan. Then each community member is given a period of time to vote, and the result with a majority decision will be implemented. Holders of Ducat will have governance rights over important parts of Ducat protocols (such as financing terms of lending markets, yield farming distribution, vault strategies and everything else) through a Decentralized Autonomous Organization and proposals.

Staking / Fees Redistribution Holders

Holders can participate in Ducat Staking. All Ducat vaults will have withdrawal fees on generated profits (0.3–1%). This portion of fees from Ducat generated yield strategies will be redistributed to Ducat Stakers.

Token Distribution Schedule

Vesting schedule exists for seed backers and team. Seed backers tokens are vested under linear unlock for 1 year. Team tokens are under linear vesting for 2 years. Whitelist community sale tokens, airdrops and ecosystem growth tokens will not be vested.

How to register?
Click here

Follow our news at:

Twitter —
Telegram —
Website —
Litepaper —




Bringing the best of Decentralized Finance to the network, as well as connecting DUCAT to DeFi on other chains.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

StormX CEO announced the growing adoption of digital currencies, and Dogecoin was called a pyramid

How-to: Using Scatter with EOS dApps [2019]

How can WENWEN Protocol avoid the death spiral?

China’s central bank concerned about Stablecoins global risk, warns against Bitcoin

Early warning of double-spending attack on BSV network

What is Critical Mass? A Thought Experiment

Bitcoin Pizza Day: I have no regrets, says Laszlo Hanyecz

Crypto as a Service: What It Is and Why the World Needs It

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store

Bringing the best of Decentralized Finance to the network, as well as connecting DUCAT to DeFi on other chains.

More from Medium

Zap Protocol teams up with Votewatcher to make elections more transparent

DeFi Hunters DAO Seed Round has been a great success and is now closed

BlockVision and Polygon Team Up to Help Developers Build for the Ecosystem

Tech Blog :01 Generation of random number in Blockchain using quantum mathematics