Today DeFi Franc (DCHF) only traded on Curve (Ethereum). The maximum trading volume is observed for the trading pair DCHF/3CRV and reaches 100 dollars (100% of the total volume across all exchanges). During the week, the minimum price for DeFi Franc (DCHF) is fixed on Sunday at 0.848 cents. Currently, the token DeFi Franc is trading in the range of 84.82 cents or 87.18 rubles for 1 DCHF.
DCHF DeFi Franc
Price of DeFi Franc (DCHF)
Exchanges where DCHF is traded
Exchange | Pair | Price | Volume, 24h | ||
---|---|---|---|---|---|
1 | Curve (Ethereum) | DCHF/3CRV |
$ 0.848
3CRV 0.8175
|
$ 100 | Go |
Calculator DCHF
1 DCHF = 0.848 USD
What is DeFi Franc?
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.
Official websites and links for DeFi Franc
There are currently about 4 official links to DeFi Franc websites and social media:
- Website - defifranc.com
- Twitter - twitter.com/monetadao
- Facebook - facebook.com
- GitHub - github.com/monetadao