Frankencoin
Frankencoin
Frankencoin is a stablecoin with a stable 1:1 value against the Swiss Franc.
Frankencoin is a stablecoin with a stable 1:1 value against the Swiss Franc.
Download Bitget Wallet AppWhat is Frankencoin?
Frankencoin (ZCHF) is a decentralized, collateralized stablecoin designed to track the value of the Swiss Franc (CHF) on the Ethereum blockchain and other EVM-compatible networks. Its mission is to provide a stable, non-USD-pegged digital asset that offers users a hedge against the volatility of crypto-native assets while leveraging the historical strength of the Swiss Franc. It operates as a community-governed protocol without reliance on centralized issuers or external price oracles.
How Does Frankencoin Work?
The system utilizes a Minting Hub where users deposit various crypto assets as collateral to mint ZCHF tokens. Unlike traditional stablecoins, it is 'oracle-free,' meaning it doesn't rely on external price feeds; instead, it uses a decentralized auction-based mechanism to handle liquidations and maintain the peg. The protocol's stability is further backed by a reserve pool called Frankencoin Pool Shares (FPS), where contributors provide equity capital and act as the first line of defense against system-wide losses.
What Makes Frankencoin Unique?
Frankencoin's most unique feature is its oracle-less design, which eliminates the risk of oracle manipulation attacks common in DeFi. It also features a decentralized governance model where any FPS holder can veto new collateral types or minting proposals, ensuring the community has direct control over the protocol's risk parameters. Additionally, it is one of the few major stablecoins pegged to the Swiss Franc, providing a unique alternative to the dominant USD-pegged stablecoin market.
Who Are the Founders of Frankencoin?
Frankencoin was initiated by members of the Swiss crypto community, most notably Luzius Meisser, a prominent figure in the Swiss blockchain space and founder of Bitcoin Suisse. The project is structured as a decentralized autonomous association (Frankencoin Association), involving various academic and industry experts from institutions like the University of Zurich to ensure a research-backed and compliant approach to decentralized finance.
最新ニュース
What Key Events Have There Been for Frankencoin?
Significant milestones include the successful launch of Frankencoin v2 in late 2024, which introduced a savings module and variable interest rates. The project has also expanded to 8 different blockchains, including Base, Arbitrum, and Gnosis Chain. In 2024, it secured multiple security audits from ChainSecurity and became a compliant stablecoin under Swiss law and upcoming MiCAR frameworks.
Project Announcements
Recent updates focus on the integration of ZCHF into Swiss retail payment systems, such as Spar stores, and the expansion of the Savings module to offer competitive yields for ZCHF holders. The Frankencoin Association has also been active in refining the veto-based governance mechanism for FPS holders.
今後のイベント
Latest Airdrop
There are currently no active or officially announced airdrop programs for Frankencoin (ZCHF) or FPS tokens as the distribution is handled through minting and reserve contributions.
ICO Time
Frankencoin did not hold a traditional ICO; it was launched as a decentralized protocol where tokens are minted via collateralization.
IDO Time
No official IDO was conducted; liquidity was established through decentralized exchanges like Uniswap and Camelot.
TGE Time
The initial Token Generation Event occurred in 2023 with the deployment of the smart contracts on the Ethereum mainnet.
プロジェクトのお知らせ
Where to Buy Frankencoin?
Frankencoin (ZCHF) is primarily traded on decentralized exchanges such as Uniswap V3 (Ethereum), Aerodrome (Base), and Camelot (Arbitrum). It is also listed on centralized exchanges like MEXC and PointPay, with the most liquid pair being ZCHF/USDT.
Frankencoin Price
Daily Trading Volume
The daily trading volume typically fluctuates between $100,000 and $500,000, reflecting its status as a specialized stablecoin.
All-Time High
ZCHF reached an all-time high of approximately $1.33 in early 2026, though its target peg remains 1 Swiss Franc (currently ~$1.10 - $1.30 USD).
All-Time Low
The all-time low was recorded around $0.98 in February 2025 during periods of lower liquidity.
Market Cap and Valuation
Market Cap
The market capitalization is approximately $36 million, ranking it within the top 600 cryptocurrencies globally.
Fully Diluted Valuation
The FDV is estimated at $35-40 million, as the supply is dynamically managed through minting and burning based on collateral levels.
Frankencoin Price Prediction
As a stablecoin pegged to the Swiss Franc, its USD price is primarily influenced by the FX rates between the USD and CHF rather than speculative market sentiment. Credible insights from financial analysts suggest that ZCHF will continue to track the Swiss Franc's performance, which historically remains strong against the USD due to Switzerland's stable economy. There are no reliable 'moon' predictions as its purpose is price stability relative to its fiat peg.
How to buy Frankencoin?
To purchase Frankencoin, follow these simple steps using the Bitget Wallet:
Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store.
Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password.
Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods.
Navigate to the Market: In the Bitget Wallet, go to the market section and search for Frankencoin to view available trading pairs.
Place Your Order: Select the desired trading pair (e.g., ZCHF/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, Frankencoin will be added to your wallet.
Download the Bitget Wallet: If you haven't already, download the Bitget Wallet app from the official website or your app store.
Create an Account: Open the app and create a new account by following the on-screen instructions. Ensure you secure your account with a strong password.
Fund Your Wallet: Deposit funds into your Bitget Wallet by transferring cryptocurrencies or purchasing crypto using fiat currency through supported payment methods.
Navigate to the Market: In the Bitget Wallet, go to the market section and search for Frankencoin to view available trading pairs.
Place Your Order: Select the desired trading pair (e.g., ZCHF/USDT), enter the amount you wish to buy, and confirm your order. Once the transaction is completed, Frankencoin will be added to your wallet.
よくあるご質問
What is the Purpose of Frankencoin?
The primary goal is to provide a decentralized Swiss Franc stablecoin that functions independently of centralized banks or vulnerable price oracles, offering a reliable store of value in the DeFi ecosystem.
How Can I Participate in Frankencoin's Ecosystem?
Users can participate by minting ZCHF using supported collateral on the Frankencoin dApp, providing liquidity to ZCHF pools on DEXs, or purchasing FPS tokens to participate in governance and earn system fees.
What Sets Frankencoin Apart from Competitors?
Unlike DAI or USDC, Frankencoin is oracle-free and focused on the Swiss Franc rather than the US Dollar, providing a unique hedge and reducing reliance on external data feeds.
Is Frankencoin Secure?
Yes, the protocol has undergone multiple rigorous audits by top-tier firms like ChainSecurity and Code4rena. It uses an over-collateralized model to ensure every ZCHF is backed by more than 1 CHF worth of value.
What are the Risks Associated with Frankencoin?
Potential risks include smart contract vulnerabilities, extreme market volatility leading to collateral liquidation, and governance risks if FPS holders do not actively veto risky proposals.
How is the Peg Maintained?
The peg is maintained through arbitrage and an auction mechanism. If ZCHF trades above its peg, users are incentivized to mint and sell; if it trades below, they are incentivized to buy and repay debts.
免責事項およびリスクに関する注意事項：本ページの一部のコンテンツはAIによって支援または生成された可能性があり、一般的な参考情報としてのみ提供されています。最も正確かつ最新の情報については、プロジェクトの公式ウェブサイトをご確認ください。Bitget Walletはすべてのパートナーシップを大切にしています。問題や誤りにお気づきの点がございましたら、[email protected]までご連絡ください。フィードバックをお寄せいただき、ありがとうございます。今後も改善に努めてまいります。
