The DeFi Franc protocol is a further developed version of the Liquity protocol (one of the best and most decentralized DeFi projects out there) and their stablecoin LUSD.

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The DCHF Documentation is also based upon the Liquity Documentation.

The Differences

  • The DCHF is pegged to the value of one Swiss Franc (CHF) instead of the LUSD which is pegged to the value of one US Dollar (USD).

  • The DCHF also allows wBTC as a Collateral in addition to ETH.

  • The DCHF is governed by a DAO and supports the addition of new Features.

  • The Allocation and Distribution of the MON token are different than the LQTY token.

What is Liquity?

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