𝐕𝐲𝐧

For the past two years, we’ve been building Ducat towards something I believe is one of the most important goals in tech: decentralised money. We believe Bitcoin is home. It’s where we’ve chosen to build, and we believe the financial tools built around it should respect the principles that brought so many of us here: owning our money, holding our own keys and deciding how we use it. For Ducat, that means being able to borrow UNIT against your BTC without selling it, wrapping it or bridging it to another chain. The wider ambition is to make Bitcoin-backed money useful in everyday life, with self-custody at the centre of how it works. Thousands of people around the world have helped us turn that ambition into a working product. You tested the platform, found bugs, told us what was confusing and pointed out where we needed to do better. Quanta was our way of keeping track of those contributions. As someone who’s spent these years building Ducat, I’ve seen how much that feedback has improved the product. We completed our audit last week, and as we move towards mainnet, I’m proud of what we’ve built together. Today, we’re launching Airdrop Season 1 to recognise that work and bring more people into what we’re building. Our belief in self-custody is also part of the programme. We want to reward people for putting it into practice: holding their own BTC, in their own wallets. You can take part by proving you hold Bitcoin in one of the supported wallets. The Bitcoin you verify for the programme stays in your wallet. While an airdrop remains subject to applicable legal requirements and isn’t guaranteed, our intention is clear: to reward the people helping us build towards this vision. Thank you for your time, your patience and your good judgement. I hope you feel some of the same pride we do in what you’ve helped create.