- A reputable team background
- Realistic plans for launch
- Pegged to Swiss Franc
- Token is in launching phase
- Currently only available in airdrops and staking
DeFi Franc (DCHF) shortly
DeFi Franc (DCHF) is a fully decentralized stablecoin that is pegged to the Swiss franc. Whereas most stablecoins are pegged to USD.
The decentralized borrowing protocol enables you to take out 0% interest loans using ETH and wBTC as collateral. Due to a minimum collateral ratio of only 110%, the protocol provides excellent capital efficiency.
The DeFi Franc protocol is a project developed from Liquidity protocol and its stablecoin LUSD. DCHF utilizes Moneta tokens for token utilization in a similar way as Liquidity protocol
DeFi Franc (DCHF) Tokenomics
Initial token distribution for MON on the release:
The CHRP token has a total supply of 1 000 000 000 tokens
- 42,5% – Treasury
- Marketing & Growth (17%)
- Team & Advisors (10%)
- Reserves (15,5%)
- 40,0% – Rewards
- Stability Pool (26%)
- DCHF + 3crv Pool (14%)
- 15,0% – Airdrops
- Airdrop 1 (GHNY Snapshot) (5,9%)
- Airdrop 2 (Freezer) (5,3%)
- Airdrop 3 (LQTY) (3,8%)
- 2,5% – Launch
- Liquidity Pool (1%)
- Bootstrapping Rewards (1,5%)
DeFi Franc (DCHF)features
The Swiss Franc
DCHF is pegged to the strongest currency in history (CHF).
We all know what happened with USDC and Tornado Cash. Because the DCHF from the taken loans is freshly minted, the token is a lot more fungible than other stablecoins.
Interest Rates at 0%
Borrowing the DeFi Franc only costs a 0.5% one-time fee.
It provides 0% interest for the duration of your position.
Various Collateral Types
You can borrow DCHF by depositing ETH or wBTC as collateral.
A Collateral Ratio of 110% ensures that you make the most of your capital.
There is always more ETH or wBTC in circulation as collateral than DCHF.
DCHF can be redeemed for the underlying collateral at face value.
Review of DeFi Franc (DCHF) token
DeFi Franc (DCHF) FAQ
Can DeFi Franc (DCHF) hit 100x?
DCHF is a stable currency, which means that its value is stable. As the token is pegged to Swiss Franc this means that unless the value of the franc does not skyrocket neither does the value of DCHF.
What is the difference between DeFi Franc (DCHF) and Moneta token (MON)?
DCHF is built on Moneta. The only thing you can do with Moneta tokens is to stake them in the staking pool. Whereas DCHF is the stablecoin that utilizes the Moneta token.
Where can I buy DCHF?
So far DCHF has not registered into any exchange. However, you can buy Moneta tokens on dextools. We'll inform as soon as any updates pop up.