ราคา DeFi Franc

What is DeFi Franc ($DCHF)?

The Defi Franc is an overcollateralized stablecoin pegged to the value of one Swiss Franc. 

The decentralized borrowing protocol allows drawing 0% interest loans against ETH, wBTC and interest bearing assets (LP Tokens) used as collateral. The protocol offers capital efficiency borrowing thanks to a minimum collateral ratio of 110%. The DeFi Franc protocol is a friendly fork and further developed version of the Liquity protocol and their stablecoin LUSD. In comparison, the DCHF is pegged to the value of one Swiss Franc (CHF) instead of the USD, allows for more collateral types and is designed to support native leverage on cryptos and Yield Generating Assets. At any time the DCHF can be redeemed against the underlying collateral at face value of one CHF. Because the DCHF from the taken Loans are freshly minted, the DeFi Franc does not suffer from a rat’s tail like assets that went through coin-mixers. Therefore new DCHFs are fungible.

Why DCHF?

In times of uncertainty people have always been trusting the Swiss Franc more than other currencies which is also the case right now.

In 2022 the US-Inflation reached double-digits while Switzerland kept theirs at 2.8%. This is due to Switzerland's neutrality, financial stability through its own central bank and a strong economy which isn’t affected as much by outside happenings.