FR
Frankencoin (ZCHF) is an oracle-free, collateralized stablecoin that tracks the Swiss franc. Borrowers propose new collateral types and parameters to the protocol; ZCHF holders can challenge proposals, and accepted positions issue ZCHF backed by the deposited collateral.
The oracle-free design substitutes governance challenges and auction-based price discovery for external price feeds, making ZCHF an unusual entry in the CDP-stablecoin design space.