Frankencoin ZCHF
Optimism token · top pool on Uniswap
Also listed in our main rankings: Frankencoin coin page (#562)
- Market cap
- $437.57K
- Fully diluted value
- $437.57K
- Liquidity
- $60.32K
- 24h volume
- $137.27K
- 24h trades
- 73
- Age
- 44d
- Chain
- Optimism
About Frankencoin
Frankencoin (ZCHF) is a decentralized stablecoin that tracks the Swiss franc. It was launched in 2023 and runs on Ethereum, with versions on several other networks.
ZCHF is created when users lock collateral in minting positions. Instead of relying on price oracles, the system uses auctions: anyone can challenge a position they think is under-collateralized, and the collateral is auctioned if the challenge succeeds. Collateral can include crypto assets and tokenized real-world assets. Governance is handled by holders of Frankencoin Pool Shares (FPS), who also absorb profits and losses of the system.
Contract
Optimism: 0xd4dd9e2f021bb459d5a5f6c24c12fe09c5d45553
Always check the contract address before buying; copycat tokens often reuse the same name and ticker.