Users can mint ZCHF by providing crypto collateral through an auction mechanism. The protocol uses a novel governance model where token holders vote on collateral types and risk parameters.

Frankencoin is a decentralized protocol that issues ZCHF, a Swiss Franc-pegged stablecoin backed by crypto collateral. ZCHF uses an auction-based mechanism for collateral management without relying on external oracles.

Frankencoin Protocol is a community-governed DeFi protocol focused on bringing a decentralized Swiss Franc stablecoin to multiple blockchains.