DuckPools

DuckPools is a decentralized lending protocol bringing traditional lending mechanics to the Ergo blockchain. The platform enables users to deposit ERG and other native assets into algorithmic lending pools to earn yield, while borrowers can access liquidity by providing overcollateralized positions.

The protocol uses Ergo's Oracle Pools for accurate, trust-minimized price feeds, ensuring that collateral ratios and liquidation thresholds remain fair and transparent. Interest rates adjust algorithmically based on pool utilization, balancing supply and demand without manual intervention. All lending logic executes through audited ErgoScript smart contracts, providing deterministic outcomes and eliminating the possibility of reentrancy attacks common in account-based systems.

DuckPools demonstrates how the eUTXO model can support complex DeFi primitives with enhanced security guarantees. Each loan is represented as a discrete UTXO with explicit state, making positions easy to audit and verify. The platform supports multiple collateral types and is designed to integrate with other Ergo DeFi protocols, enabling composable yield strategies across the ecosystem.