About this explorer
Oracle-free ZCHF minting positions — each a contract of its own, owner-declared liquidation prices tested by two-phase challenge auctions, everything in native units.
Protocol view
The oracle-free system's balance sheet — ZCHF supply, the reserve's two accounts read as the contract's own identity, the Leadrate, and the challenge-auction enforcement record.
How the figures are derived
- Health factor, collateral ratio, rates read live from the protocol's contracts.
- Oracle USD: Oracle-free by design — the liquidation price is owner-declared and enforced by challenge auctions; no USD feed exists anywhere in the protocol.
- Prices at the block: Oracle-free by design — the liquidation price is owner-declared and enforced by challenge auctions; no USD feed exists anywhere in the protocol.
- An offline verifier re-derives the explorer's figures directly from the chain via a second data path, and checks them against the indexed values and the constants the explorer states — run against mainnet when the explorer is built or changed, not a check that runs as the page renders.
About Frankencoin · What's covered on Ethereum
