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 trust-minimized price feeds, helping collateral ratios and liquidation thresholds remain transparent. Interest rates adjust algorithmically based on pool utilization, balancing supply and demand without manual intervention. Lending logic executes through ErgoScript smart contracts, providing deterministic outcomes and reducing the surface for reentrancy patterns common in account-based systems.

DuckPools demonstrates how the eUTXO model can support complex DeFi primitives with explicit state. Each loan is represented as a discrete UTXO, making positions easier to inspect and verify. The platform supports multiple collateral types and is designed to integrate with other Ergo DeFi protocols, while users should still treat lending protocols as funds-at-risk DeFi software.