What Is Defifranc (DCHF)? Complete Guide & Review About Defifranc

What Is Defifranc (DCHF)?

The Defifranc (in short DCHF) is an overcollateralized stablecoin pegged to the value of one Swiss Franc. The decentralized borrowing protocol allows you to draw 0% interest loans against ETH and wBTC used as collateral. The protocol offers great capital efficiency thanks to a minimum collateral ratio of only 110%.

The DeFi Franc protocol is a further developed version of the Liquity protocol (one of the best DeFi projects out there) 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 crypto-assets and LP Tokens.

Coin BasicInformation
Coin NameDefifranc
Short NameDCHF
Total Supply100,000,000
Max Supply100,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

ReDEFIning Stability.

The DeFi Franc (DCHF) is a decentralized stablecoin, pegged to the Swiss Franc – The most secure, trusted and stable fiat currency in the world. The DeFi Franc is over-collateralized and is created through loans which are backed by ETH.

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.

For who?

For Individuals

Use the DCHF to diversify your portfolio with the Swiss Franc stablecoins or use the ecosystem to borrow against your ETH the right way.

A stablecoin built for DeFi

There are endless possibilities using the DCHF now and the team is constantly looking for new ways to improve the ecosystem by adding more features which give you the opportunity to earn the best yields

For Developers

Use the endless possibilities the DCHF ecosystem brings by implementing the DCHF into your dapp.

For Exchanges

Exchanges use the DCHF to process trades and give users the opportunity to get out of volatile assets and into a stablecoin pegged to the Swiss Franc.

Moneta Tokenomics

Overview

  • Token Name: Moneta
  • Token Ticker: $MON
  • Contract: 0x1ea48b9965bb5086f3b468e50ed93888a661fc17
  • Max-Supply: 100.000.000

Receive

There are two ways on how to receive the MONETA token: Receive $MON tokens for staking DCHF into the stability pool. Receive $MON tokens for providing Liquidity into the DCHF Curve pool.

Use Case

There is only one thing you can do with the $MON token: Stake it in the Staking Pool and profit from the revenues the Moneta protocol is generating through taking the borrowing and redemption fee.

DCHF Benefits

Low Collateral Rate

Borrow with a collateral rate of only 110%. This makes the DCHF ecosystem one of the most capital efficient ways of borrowing money.

Over-Collateralization

Be sure there is always a way for you to convert your DCHF back to ETH no matter what happens to the market.

Decentralization

The DCHF Ecosystem is fully decentralized and non custodial which makes it easy to use for users and developers all over the world.

Low Fees on Loans

Say goodbye to varying interest rates and hello to a one-time fee of 0.5% on the DCHF you borrow. Make your DeFi income plannable.

In-house Yield

Don’t leave the platform and earn through the DCHF Stability Pool which pays out returns in ETH and more DCHF. The easiest way to earn on your DCHF.

Security

Benefit from two types of Security. Top Audited Smart Contracts and being pegged to the strongest currency in the world.

The Borrower

For the Borrower you can just think of people who are already invested in ETH or BTC and who want to hold onto it.

They can use protocol to take out a loan in a reliable stable coin with 0% interest rate. Therefore, they are still invested in their favorite cryptocurrency but at the same time can spend the money, reinvest it into something or use the DCHF to generate Yields.

A borrowing Position needs to be 110% overcollateralized at all times. If it falls under the ratio of 110%, the Position will get liquidated; the Borrower loses his Collateral but gets to keep the DCHF.

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Lixu Is Very Old Author At Hyipstation . He Lost So Much Money At Online Investment And He Think From Now No Body Loss Money From Here . He Start Writing Article To Alert About Risk Of Online Investment Program .