Unit Protocol
Search…
About DUCK

What is a DUCK?

The DUCK is the Unit Protocol governance token. It is an ERC20 token that provides an ERC20 token interface. DUCK token can be used for governance, staking and as a collateral for minting native the Unit Protocol USDP stablecoin.
Legit DUCK token contract can be found here.
Just like ducks feed on bread and like to hang out a the pond getting fat on bread, the Unit Protocol ducks are fed by the fees.
Unit Protocol's ducks have their own pond – the Unit Protocol staking pool. There, they spend their days feeding on the fees that are thrown into the pond every time USDP gets borrowed or a debt position gets liquidated. Yum!
The longer your DUCKs stay in the pond, the fatter they get. Thus, the stakers get more yumish returns of their stakes.

Where can I get my hands on some DUCK?

Use an exchange (Shibaswap, Balancer, Uniswap, Sushi are all fine)
Earn a yield on your DUCK
Gate.io
Balancer
Shibaswap
There is no obligation to stake your DUCKs. Yet if you're curious you can find the full guide here:
Last modified 1mo ago