DeFi Franc(DCHF)
Market Cap$52,574
Price$1
Total Circulating52,582
Stablecoin Information
The DeFi Franc (DCHF) is a decentralized stablecoin, pegged to the Swiss Franc. The DeFi Franc is over-collateralized and is created through loans which are backed by ETH and WBTC
Category:crypto-backed
Minting and Redemption
DCHF can be borrowed using ETH and BTC assets as collateral. Users can borrow up to 90% of the value of their ETH or BTC collateral and every DCHF is 100% redeemable for ETH worth 1 CHF
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | < 0.0001% | < 0.0001% | 52,582 |