Frankencoin

About Frankencoin

Frankencoin (ZCHF) is a decentralized stablecoin pegged to the Swiss Franc and built on the Ethereum blockchain. Unlike traditional stablecoins, it operates without price oracles, relying instead on a collateralized mechanism that allows users to mint ZCHF by locking up approved assets, including real-world assets. Its governance is managed through a decentralized system where stakeholders can propose and challenge collateral positions. Frankencoin sits within the broader DeFi ecosystem as an alternative to centralized Swiss Franc-pegged instruments, offering transparency and permissionless access to a stable currency tied to one of the world's most trusted fiat currencies.