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Frankencoin launched its ZCHF token on Ethereum, introducing a decentralized stablecoin pegged to the Swiss franc based on a PhD thesis from the University of Zurich.

The protocol's smart contracts underwent a public security audit via a Code4rena competition, enhancing system security and transparency.

Frankencoin's contracts were further audited by blockchain security firms ChainSecurity and Decurity to ensure protocol robustness and safety for users.