Ducat announces a partnership with the TRON network to increase the use of USDT (TRC-20) in on-chain transactions and liquidity movement on Ducat’s financial infrastructure backed by Bitcoin.
Ducat users can use USDT as the primary asset for transactions, and access wUNIT, a TRC-20 standard token that represents the value of UNIT (the US dollar value backed by Bitcoin of Ducat) on the TRON network.
UNIT will still be issued on the Bitcoin network as before, but wUNIT will enable that value to circulate on the TRON network and connect with USDT liquidity.
Users can hold wUNIT or exchange it directly for USDT through a Liquidity Pool. Liquidity providers can also receive a share of the exchange fees.
Good stuff, friend 🔥
#TRON #TGF #TRONGlobalFreinds @Justin Sun孙宇晨 @TRON DAO
Ducat users can use USDT as the primary asset for transactions, and access wUNIT, a TRC-20 standard token that represents the value of UNIT (the US dollar value backed by Bitcoin of Ducat) on the TRON network.
UNIT will still be issued on the Bitcoin network as before, but wUNIT will enable that value to circulate on the TRON network and connect with USDT liquidity.
Users can hold wUNIT or exchange it directly for USDT through a Liquidity Pool. Liquidity providers can also receive a share of the exchange fees.
Good stuff, friend 🔥
#TRON #TGF #TRONGlobalFreinds @Justin Sun孙宇晨 @TRON DAO
