Frankencoin
Overview
What is Frankencoin?
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.
How does Frankencoin work?
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.
Who governs Frankencoin?
Frankencoin Protocol is a community-governed DeFi protocol focused on bringing a decentralized Swiss Franc stablecoin to multiple blockchains.
No business model data available
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.