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Frankencoin audit contest

Code4rena·CHF stablecoin·12th April 2023·#66

A public audit contest on Code4rena (CHF stablecoin), completed on 12th April 2023. 0xSimao placed #66. His findings from it are not published individually.

What Frankencoin is

Frankencoin is an oracle-free, collateralised Swiss-franc stablecoin (ZCHF): anyone can propose a position minting ZCHF against any collateral, the community can veto or challenge it, and auctions, not price feeds, decide whether a challenged position is sound. The whole risk process is a market rather than a whitelist.

Scope

The Frankencoin system: ZCHF, positions and their challenges, the auction mechanism and the equity reserve.

The contest