Frankencoin
Off-Chain (Private)
Audited on 2023/10/30
No active critical issues
Summary
The Frankencoin system is a set of smart contracts that issue the Frankencoin (ZCHF) on-chain, a stablecoin that is supposed to be pegged to the Swiss Franc. Each Frankencoin minted is backed either by collateral assets or other trusted Swiss Franc stablecoins. The governance of the system is based on veto rights of shareholders that control at least 2% of the total voting power. “Frankencoin is a collateralized, oracle-free stablecoin that tracks the value of the Swiss franc. Its strengths are its decentralization and its versatility.
Issues (34)
Low | Medium | High | Critical | Total | |
|---|---|---|---|---|---|
Not fixed | 5 | 1 | 1 | - | 7 |
Fixed | 14 | 10 | 2 | 1 | 27 |
| Total | 19 | 11 | 3 | 1 | 34 |