Overview
$561,60253,151 DUCAT at $10.57, the pool price
$293,71327,797 DUCAT not staked
- 47.7% of DUCAT staked
- 97.2% of minted passes staked
Next print around 23:45 UTC: up to 266 DUCAT to pDUCAT stakers and staked passes, as new surplus allows.
Pick your path to earn on DUCAT
-
Stake for pDUCAT
91.4%APR
Stake DUCAT -
- Founder$12.02
- Charter$7.21
- Member$2.40
Stake an NFT pass
Earns up to$12.02a day
Get a pass -
Bond with USDG
6%off
vs the 30-minute market price
Bond now
Epoch 61
32.04 DUCAT≈ $338
Set by the new surplus. The print's cap allows up to 265.77 DUCAT.
- pDUCAT stakers
- 10.35 DUCAT
- 91.4% APR over the last 24 hours
- Staked passes
- 21.69 DUCAT
- Shared by staked passes
- Bonds
- 0 DUCAT
- Sold so far this epoch, of 172.75
Print checks
- Market price: met$10.55 is at or above the $2.18 reference.
- Backing cover: met2.09x is at or above the 1.20x minimum.
- Price steadiness: met$10.55 is within 25% of the $11.39 anchor.
What was the bootstrap?
The bootstrap was the protocol's first four days: 12 epochs of 8 hours, from 29 Sept, 16:00 UTC to 3 Oct, 16:00 UTC. The end date was fixed in the contract. It existed because launch supply was small and each bond brought in a lot of surplus, so the protocol used wider, fixed caps rather than letting the price decide. Each epoch could add up to 3% of supply: up to 1.05% was the print, shared by pDUCAT and staked passes, and up to 1.95% was sold as USDG bonds. A print came once an epoch, only when new stablecoin surplus supported it. Plain DUCAT does not receive prints. Over its last 32 hours both caps stepped down. Since 3 Oct all new supply shares one cap of 10.5% a week, about 0.5% an epoch, and bonds may take up to 65% of it.
Inside the treasury
- Global DollarUSDG$245,29845.0%
- AAPL, NVDA, TSLA$00%
- $203,50637.3%
Swap tax the hook collects, swept into the treasury over time.
View on the explorer - $55,74010.2%
Whole position$111,4125,275 DUCAT beside the USDG, worth $55,672 at market. Only the USDG side counts in the total.
Protocol-owned liquidity: the genesis DUCAT and USDG pool position. Its USDG side is also the exit liquidity, and shrinks as DUCAT is sold into the pool. The DUCAT side is shown at the market price but never counted, since DUCAT cannot back itself.
- $40,3497.4%
USDG the governance Safe holds for liquidity, not yet deployed into the pool.
View on the explorer
- WETH
Your positions
View allProtected Ducat
Your shares.
In view.
One place for active shares, queued deposits and exits.
Explore pDUCATFrom the last 24 hours of prints.
Three values
Per DUCAT- $2.18
- $4.57
- $10.55
Only moves up
Held in stablecoins
30-minute average
Monetary policy
What governs issuance- 265.77 DUCAT
Nothing printed yet this epoch. This is the most it may add.






