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Frankencoin news
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About Frankencoin
The advantages of Frankencoin lie in its decentralisation and versatility. Unlike other collateralised stablecoins, the auction-based liquidation mechanism of Frankencoin is not dependent on external price sources. It is very flexible in terms of the collateral used. In principle, it supports all collateral that is sufficiently available on the market. However, its realisation mechanism is slower than that of other collateralised stablecoins, making it less suitable for highly volatile types of collateral. The smart contracts have been tested by Blockbite, Code4rena and ChainSecurity. Their economic properties were analysed as part of a dissertation.
The live Frankencoin price today is $1.13 USD with a 24-hour trading volume of $1,828.50 USD. We update our ZCHF to USD price in real-time. Frankencoin is up 0.09% in the last 24 hours. The current CoinMarketCap ranking is #5731, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.