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BTC_to_ZCHF.ChatGPT.o4-mini-high.2025-07.md

Source: https://chatgpt.com/share/686befbf-4768-8007-b464-b3a20853b70f

Before diving into the details, here’s a quick overview of what you need to know:

  • Primary chain: ZCHF (Frankencoin) liquidity lives almost entirely on Ethereum, with its top trading pairs on Uniswap V3/V4.
  • Multichain support: Although Frankencoin is bridged to 35 EVM-compatible networks, virtually all volume and holdings are on Ethereum.
  • Wallets: Any ERC-20-compatible wallet will work—MetaMask, Coinbase Wallet, Trust Wallet, Zerion, Zeal (built on Safe contracts), etc.
  • Swapping BTC → ZCHF: The easiest is via Mt Pelerin’s Swap feature (custodial), or non-custodially by wrapping BTC into wBTC and trading on Uniswap (Ethereum). You can also use wBTC as collateral in a 3 % p.a. Lombard loan to borrow CHF.
  • Use case: Convert BTC exposure into a CHF-pegged stablecoin on-chain—ideal for blocking in fiat value while staying in DeFi, and earning yield on ZCHF.

ZCHF’s “Home” Chain

Frankencoin (ticker ZCHF) is an ERC-20 token whose primary liquidity and trading activity occur on Ethereum. According to CoinGecko, ZCHF can be bought and sold across six exchanges, with the top two markets both on Uniswap (V3 and V4) running on Ethereum (coingecko.com). Under the hood, Frankencoin is collateralized and oracle-free, explicitly designed to track the Swiss franc, and its core contract lives on Ethereum (etherscan.io). While bridged to 35 EVM-compatible chains (BNB, Polygon, Arbitrum, Optimism, Base, Celo, Gnosis, zkSync, and many more), holders and traders overwhelmingly concentrate on the Ethereum network (etherscan.io).


Best Wallets for ZCHF

Since ZCHF is an ERC-20 asset, any wallet supporting Ethereum and ERC-20 tokens will work seamlessly. Here are top recommendations:

  • MetaMask (browser extension + mobile): the industry standard for ETH and ERC-20, with broad dApp integration and a 4.8 ★ user rating (coinledger.io).
  • Coinbase Wallet: supports 1,000+ assets (including all ERC-20 tokens) and offers a mobile-first experience (coinledger.io).
  • Trust Wallet: mobile-only, supports 100+ blockchains (incl. ETH and ERC-20), plus an integrated dApp browser (coinledger.io).
  • Zerion: full ERC-20 and multichain support (Polygon, Optimism, Arbitrum, BSC, etc.), with automatic DeFi position tracking (zerion.io).
  • Zeal Smart Wallet: built atop Safe’s battle-tested contracts, lets you pay gas in stablecoins, recover via biometrics/passkeys, and move across EVM networks effortlessly (zeal.app).

How to Swap BTC → ZCHF

  1. Custodial Swap via Mt Pelerin

    • Mt Pelerin’s Bridge Wallet features a “Swap” menu that lets you exchange BTC directly for any supported token—including ZCHF—across networks (mtpelerin.com).
    • Example: plug in wsc=BTC, wdc=ZCHF in their swap URL to trade instantly.
  2. Non-custodial on Ethereum

    • Wrap BTC into wBTC, then trade wBTC → ZCHF on Uniswap V3 (Ethereum) or V4 (coingecko.com).
  3. Lombard Loan (Unlock BTC liquidity)

    • Deposit wBTC as collateral on Mt Pelerin and borrow CHF at ~3 % p.a., keeping your BTC intact on-chain while accessing Swiss-franc value (mtpelerin.com).

Why Convert BTC → ZCHF?

  • On-chain CHF exposure: You exit BTC price risk into a Swiss-franc-pegged stablecoin without ever cashing out off-chain.
  • Preserve DeFi access: Continue using your capital in DeFi—liquidity pools, lending, staking—while holding CHF value.
  • Earn yield: ZCHF holders can deploy stablecoins into high-yield protocols or Swiss-regulated platforms (e.g., Lombard loans at 3 % p.a.), capturing passive income on your CHF position.

By swapping BTC into ZCHF and using any of the wallets above, you seamlessly bridge between Bitcoin, on-chain stablecoins, and Swiss-franc liquidity—fully permissionless and globally accessible.

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