Background

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 you to draw 0% interest loans against ETH and wBTC used as collateral. The protocol offers great capital efficiency thanks to a minimum collateral ratio of only 110%.

There are three different ways to earn money within the DeFi Franc ecosystem.

- Deposit ETH or wBTC as collateral, take a loan in DCHF and send that loan to work in various ways.

- Deposit DCHF in the Stability Pool and get ETH or wBTC at a 10% better price. Furthermore, you get MON as a reward.

- Stake MON and earn the borrowing and redemption fees consisting of ETH, wBTC or DCHF.

Integrations
No news yet
dudes