Introduction
DuckChain is the first Layer-2 solution on the TON ecosystem, built using Arbitrum Orbit technology. The project combines the scalability of Arbitrum's blockchain solutions with EVM compatibility, optimizing transaction performance and user experience. By integrating AI, DuckChain simplifies blockchain interactions, making it easier for millions of Telegram users to access Web3.
DuckChain aims to transform Telegram into a blockchain super app, providing developers with tools, flexible gas payment options, and cross-chain interoperability between TON, Ethereum, Bitcoin, and other networks.
Key Features of DuckChain
1. Flexible Gas System
DuckChain introduces a flexible gas fee mechanism, allowing users to pay transaction fees using various tokens. This enhances convenience and reduces entry barriers.
2. Consumer Layer
This layer focuses on user-friendly interfaces and tools, simplifying blockchain interactions for both developers and end-users.
3. Cross-Chain Interoperability
DuckChain supports seamless interaction between different blockchain networks, promoting asset and data transfers across various chains.
4. Developer Tools
The platform provides comprehensive tools and resources for developers, facilitating the creation and deployment of decentralized applications (dApps) on DuckChain.
5. Enhanced Security
Leveraging the security features of Arbitrum and TON, DuckChain ensures a robust and secure environment for transactions and smart contracts.
6. DeFi Support
DuckChain is designed to support decentralized finance (DeFi) applications, offering the necessary infrastructure and tools for DeFi projects to thrive.
7. AI Integration
By incorporating artificial intelligence, DuckChain aims to enhance user experience and streamline processes within its ecosystem.
How DuckChain Works
DuckChain is built on three core layers, ensuring efficiency, security, and interoperability:
1. Aggregation Layer
- Decentralized Oracle Layer (DOL): Verifies DuckChain’s state on TON, ensuring transparency.
- Decentralized Asset Verification Layer (DAVL): Ensures the secure flow of assets between TON and DuckChain through multi-signature wallets.
- Intent Collaboration Layer: Converts user intentions into executable transactions, optimizing on-chain and off-chain liquidity.
2. Execution Layer
Built on Arbitrum Orbit, enabling scalability and processing millions of transactions without congestion.
3. Data Layer
Utilizes decentralized storage technology, ensuring blockchain data is stored efficiently, securely, and remains accessible.
DuckChain Ecosystem
Although DuckChain is a new Layer-2 project, it has already developed a diverse ecosystem with over 50 projects in progress, including:
- DEX & AMM: Supports decentralized trading.
- Lending & Borrowing: Provides DeFi lending and borrowing services.
- Staking & Restaking: Allows users to earn rewards from DUCK tokens.
- NFT & GameFi: Develops NFT projects and blockchain games on Telegram.
What is the DUCK Token?
DUCK Token Details
- Token Name: DuckChain Token
- Ticker: DUCK
- Blockchain: TON, Arbitrum, DuckChain, Base
- Contract: EQDWXjnVWheFemaAaFn-Cp4nDehvGllrXOZ8wqHm8sDEwn_c
- Total Supply: 10,000,000,000 DUCK
- Circulating Supply: 8,200,000,000 DUCK
DUCK Token Allocation
- Airdrop: 50%
- Ecosystem: 20%
- Investors: 10%
- Team: 10%
- Liquidity: 4%
- Marketing: 3%
- Advisors: 3%
DUCK Token Unlock Schedule
- Airdrop: Released gradually through various campaigns.
- Team & Investors: Locked for 1 year, then unlocked linearly over the next 3 years.
- Ecosystem: Unlocked linearly over 4 years.
- Initial Circulating Supply: 59%\
DUCK Token Utility
DUCK is the native token of DuckChain, used for:
Governance:
- DUCK holders can propose and vote on key decisions within the ecosystem.
- AI Agents assist in the voting process, optimizing governance.
Staking & Rewards:
- Users can stake DUCK to support validators and earn rewards.
- Participate in liquidity provision to maximize returns.
Gas Fee Payment:
- DUCK is used to pay gas fees on the DuckChain network.
- Low-cost, high-efficiency transactions powered by Arbitrum Orbit.
Ecosystem Currency:
- Used for Web3 services, DeFi, and dApps on DuckChain.
- Provides liquidity and earns rewards from network pools.
DUCK Token Wallets
You can store DUCK tokens in wallets that support the TON network, such as:
- TON Wallet
- Tonkeeper
- MyTonWallet
- OpenMask
Where to Buy and Sell DUCK Tokens?
DUCK is listed on multiple major exchanges, including:
- CEX: OKX, KuCoin, Bitget
- DEX: DuckSwap
Investors & Partners
DuckChain raised $5 million in its first funding round in December 2024, with participation from investment funds including:
- dao5
- Offchain Labs
- Kenetic Capital
- DWF Ventures
- Gate.io Labs
Conclusion
DuckChain represents a significant advancement in the TON ecosystem, offering scalable, secure, and user-friendly Layer-2 solutions. By integrating AI and ensuring EVM compatibility, DuckChain positions itself as a versatile platform capable of supporting a wide array of decentralized applications and services.