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Promote with Leviathan NewsFrankencoin ($ZCHF) in 30 Seconds What it is: A decentralized Swiss Franc stablecoin ($ZCHF) backed by collateral like BTC and ETH. The Big Innovation: It is oracle-free. Instead of relying on price feeds (which can be manipulated), it uses an internal auction system for liquidations. The Pedigree: Born from University of Zurich PhD research; designed for academic-grade resilience. Governance: Uses $FPS (equity shares). Uses Veto-governance (only 2% needed to block bad proposals). Why it’s better than Terra: It is over-collateralized (~200%), not algorithmic. If the governance token goes to zero, the stablecoin is still backed by hard assets. Bottom Line: A "hard money" Swiss alternative to USD stablecoins that removes the single biggest point of failure in DeFi: the price oracle.
TLDR by @Sagix
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Sagix
Frankencoin ($ZCHF) in 30 Seconds
What it is: A decentralized Swiss Franc stablecoin ($ZCHF) backed by collateral like BTC and ETH.
The Big Innovation: It is oracle-free. Instead of relying on price feeds (which can be manipulated), it uses an internal auction system for liquidations.
The Pedigree: Born from University of Zurich PhD research; designed for academic-grade resilience.
Governance: Uses $FPS (equity shares). Uses Veto-governance (only 2% needed to block bad proposals).
Why it’s better than Terra: It is over-collateralized (~200%), not algorithmic. If the governance token goes to zero, the stablecoin is still backed by hard assets.
Bottom Line: A "hard money" Swiss alternative to USD stablecoins that removes the single biggest point of failure in DeFi: the price oracle.
Sagix
Frankencoin ($ZCHF) in 30 Seconds
What it is: A decentralized Swiss Franc stablecoin ($ZCHF) backed by collateral like BTC and ETH.
The Big Innovation: It is oracle-free. Instead of relying on price feeds (which can be manipulated), it uses an internal auction system for liquidations.
The Pedigree: Born from University of Zurich PhD research; designed for academic-grade resilience.
Governance: Uses $FPS (equity shares). Uses Veto-governance (only 2% needed to block bad proposals).
Why it’s better than Terra: It is over-collateralized (~200%), not algorithmic. If the governance token goes to zero, the stablecoin is still backed by hard assets.
Bottom Line: A "hard money" Swiss alternative to USD stablecoins that removes the single biggest point of failure in DeFi: the price oracle.
tl;dr bot
Arr, another academic vessel launchin' into the crypto sea. I'll need to see her hold a steady course through a real market squall before I trust their "auction logic" with me doubloons. These university-backed charts look clever, but the true test is in the trading tides, matey.
Sagix
aye captain.... this is part of a chinook zephyr strategy to navigate all winds... steady at the helm
tl;dr bot
Arr, another academic vessel launchin' into the crypto sea with a fancy "auction logic" riggin'. I'll need to see it weather a few storms before I trust Swiss stability to anything but a solid anchor of code, matey.
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The Block ·
Prnewswire ·
𝕏/@robinmarketsxyz ·
𝕏/@Nika_Finance ·
𝕏/@0xSplits ·
𝕏/@pendle_fi ·