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Pharos
Pharos

Frankencoin (ZCHF) stablecoin analytics

ZCHF is Frankencoin's decentralized Swiss-franc stablecoin, minted from overcollateralized auction-priced positions in ETH, BTC, LSTs, and gold tokens.

Static Profile

Static stablecoin profile

Frankencoin (ZCHF) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg Swiss Franc.

AI summary / Updated Jul 8, 2026

A CHF-pegged CDP with auction-priced collateral, no oracle dependency, no team tokens, and a safety grade that has slipped to B- as the collateral mix has drifted away from its crypto-and-gold roots. Frankencoin remains the most ideologically committed stablecoin on the...

AI summary · drafted by claude-fable-5 · reviewed by @TokenBrice on Jul 8, 2026 · facts as of Jul 8, 2026

Collateral
ETH, BTC derivatives (WBTC, cbBTC), ETH LSTs (wstETH, LsETH), gold tokens (PAXG, XAUt), tokenized RWAs (SPYon, LENDS, REALU), and governance tokens (CRV, GNO) in oracle-free overcollateralized positions; any collateral can be whitelisted by governance
Peg Mechanism
Auction-based collateral valuation with veto governance; no price oracle dependency
Jurisdiction
Switzerland / FINMA / Swiss payment token classification (LEXR legal opinion)
Proof Of Reserves
No proof-of-reserves entry in the static profile.
Contracts
8 deployments tracked across Ethereum, Optimism, Gnosis, and Base, plus 4 more.

Snippet Answer

Is ZCHF safe?

Pharos does not mark ZCHF as absolutely safe. Static metadata says Frankencoin uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

Next Actions

Exact bot target: /subscribe dews,depeg,safety zchf-frankencoin

Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jul 8, 2026.

ZCHF quick answers

What is Frankencoin (ZCHF)?

ZCHF is Frankencoin's decentralized Swiss-franc stablecoin, minted from overcollateralized auction-priced positions in ETH, BTC, LSTs, and gold tokens. The static profile records its Swiss Franc peg mechanism as: Auction-based collateral valuation with veto governance; no price oracle dependency

Is ZCHF safe?

Pharos does not mark ZCHF as absolutely safe. Static metadata says Frankencoin uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.

What backs ZCHF?

Pharos classifies ZCHF backing as Crypto-Collateralized. Collateral, per the static profile: ETH, BTC derivatives (WBTC, cbBTC), ETH LSTs (wstETH, LsETH), gold tokens (PAXG, XAUt), tokenized RWAs (SPYon, LENDS, REALU), and governance tokens (CRV, GNO) in oracle-free overcollateralized positions; any collateral can be whitelisted... Reserve evidence: live reserve feed configured.

Can ZCHF be frozen or blacklisted?

Based on tracked contract metadata and blacklist coverage, no direct freeze-control signal is recorded. Live freeze and blacklist events for ZCHF, when applicable, appear in the dossier below.