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Invest in Frankencoin Pool Shares

FPS gives you participation in Frankencoin's equity reserve and governance. It can rise when the protocol earns fees or liquidation gains, and fall if the reserve pool takes losses.

Your FPS position

See your FPS balance, protocol value, and direct redemption readiness.

Connect wallet to view your FPS position.

After connecting, you will see your FPS balance, value at protocol price, average holding duration, and direct redemption readiness.

Choose an FPS action

Provide ZCHF to the protocol equity reserve and receive newly minted FPS.

Amount of ZCHF to invest
ZCHF
Wallet ZCHF balance
0.00
Min
Max
Estimated FPS received
0.0000
FPS
Current FPS balance
0.00

No ZCHF available in this wallet.

Protocol value snapshot

Protocol price
0.00
FPS supply
0.00
Value of all FPS
0.00
Equity capital
0.00
Minter reserve
0.00
Total reserve
0.00

Protocol price is calculated by the Frankencoin equity contract from protocol equity and FPS supply. It is not necessarily the same as prices on external venues.

How direct redemption works

Direct protocol redemption requires your address's average FPS holding duration to reach 90 days. This rule applies to redeeming FPS for ZCHF through the protocol, not to transferring or wrapping FPS.

Your address has one average FPS holding duration. Adding new FPS can lower the average and may delay direct protocol redemption.

Example
Example: if you hold 1 FPS for 30 days and then add 1 more FPS, your average holding duration becomes about 15 days. Direct redemption becomes available when the average reaches 90 days.
What gives FPS value?
FPS participates in Frankencoin's equity reserve. If the protocol earns fees or liquidation gains, protocol value can rise. If losses occur, value can fall.
What is protocol price?
Protocol price is calculated by the Frankencoin equity contract from protocol equity and FPS supply. It is not necessarily the same as prices on external venues.
Why can't I redeem yet?
Direct protocol redemption requires 90 days of average holding duration. This rule applies to redeeming FPS for ZCHF through the protocol, not to transferring or wrapping FPS.
What happens if I mint more FPS?
Your address has one average FPS holding duration. Adding new FPS can lower the average and may delay direct protocol redemption.
What is WFPS?
WFPS is wrapped FPS. Wrapping converts FPS into WFPS 1:1, and unwrapping converts WFPS back into FPS 1:1.