New proposal live to add PGNGI+ as @frankencoinzchf collateral. PGNGI+ is an RWA issued by @AssetoFinance giving holders exposure to Partners Group’s Next Generation Infrastructure Fund, one of their flagship evergreen strategies across digital infrastructure, energy, transportation, communications, water and waste management, targeting an annual return of 10-12%. This is a perfect RWA use case: bringing an institutional private-market strategy onchain & making it accessible to everyone. It also fits Frankencoin well. The protocol does not rely on oracles, and liquidations are intentionally slow and auction-based. This means the collateral‘s intrinsic value and the possibility to mint/redeem PGNGI+ for its monetary value once a month matter more than immediate on-chain liquidity and the availabilty of an oracle. Another advantage of Frankencoin is that interest rates are fixed from the start (not dynamic), making the loan terms perfectly predictable for its entire duration. If approved, this means holders could start leveraging their exposure to PGNGI+ by borrowing ZCHF against it at just 2% p.a. (!!) and reinvesting it into NGI+. This is looping on steroids. You take an asset with historically very solid returns & incredibly low volatility, borrow against it with fixed interest rates, re-invest, and just wait for it to accrue at 10-12% annually with whatever amount of leverage you feel comfortable with. Usually, the main risks of looping are flash crashes or oracle manipulations leading to liquidations, or sudden jumps in the dynamic borrowing rates rendering the strategy unprofitable. In this case, both is impossible due to Frankencoin‘s ingenious oracle-free design and auction-based liquidation mechanism. No financial advice. DYOR.