Score | |
|---|---|
24h Vol | $0 |
Liquidity | $20.37 |
Holders | 1.7K |
Audits | |
Age | 2 years |
FDV | $35.5K |
Market Cap | $35.5K |
About Defi Franc (DCHF)
The Defi Franc (in short DCHF) 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.
Update Token InfoDCHF/XCHF Price Stats
The current price of DCHF (DCHF/XCHF) on Uniswap V3 is $0.6472, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.00 with a total of 0 transactions. DCHF/XCHF contract address is 0x3d8491538cc7e84b4f63ada1f450c094acca4eda, with a Fully Diluted Valuation (FDV) of $34,298.64 and a liquidity pool of $20.37.
