Looking to preserve capital safely? Swiss Franc-backed assets stand out as a reliable option for value storage. The beauty here is you can access this directly onchain through Frankencoins - essentially bringing Swiss Franc stability to blockchain with $ZCHF. No need for traditional intermediaries when you want your holdings to stay steady without exposure to volatility.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
8
Repost
Share
Comment
0/400
WhaleMinion
· 01-17 19:27
The Swiss franc stablecoin going on the chain is quite interesting; eliminating intermediaries is really a plus.
View OriginalReply0
PumpStrategist
· 01-16 12:34
The stablecoin trick is back again. Backing with CHF sounds fancy, but it's actually just a centralized credit game with a different disguise.
View OriginalReply0
HypotheticalLiquidator
· 01-14 21:53
Wait, the stability of the stablecoin still depends on the quality of the collateral... What is the risk control threshold for ZCHF? What is the liquidation price?
View OriginalReply0
FlashLoanPrince
· 01-14 21:51
Swiss franc stablecoin? Sounds good, but who actually uses it?
View OriginalReply0
DAOplomacy
· 01-14 21:50
ngl the whole "no intermediaries" angle is kinda funny when you're still trusting the frankencoin protocol itself... like yeah sure, path dependency of stablecoin design arguably creates non-trivial externalities here. sub-optimal incentive structures around collateralization remain the throughline imo
Reply0
CryptoPhoenix
· 01-14 21:50
Regarding stablecoins, $ZCHF is indeed quite interesting. Being backed by Swiss francs is definitely better than constantly worrying about it falling below [laughing with tears].
View OriginalReply0
MindsetExpander
· 01-14 21:37
A new player is entering the stablecoin race, this time backed by the Swiss franc... but can it really outperform the US dollar?
View OriginalReply0
BackrowObserver
· 01-14 21:37
Swiss franc stablecoin? Sounds good, just worried about how the liquidity is...
Looking to preserve capital safely? Swiss Franc-backed assets stand out as a reliable option for value storage. The beauty here is you can access this directly onchain through Frankencoins - essentially bringing Swiss Franc stability to blockchain with $ZCHF. No need for traditional intermediaries when you want your holdings to stay steady without exposure to volatility.