Yield enhancing asset tracker with varied risk-return solutions.
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What is Tranchess (CHESS)?
Tranchess is a yield enhancing asset tracker protocol with varied risk-return solutions. The concept of Tranchess was first incepted in early 2020 and was developed quickly into its current state. Inspired by tranche funds’ ability to satisfy users’ varying risk appetites, Tranchess aims to provide a different risk/return matrix out of a single main fund that tracks a specific underlying asset (e.g. BNB). Tranchess’ ecosystem constitutes four different tokens: QUEEN, BISHOP, ROOK, and CHESS. CHESS is the governance token of the Tranchess protocol. Users farm CHESS by staking their QUEEN, BISHOP and/or ROOK tokens. CHESS is also available on Binance and Pancake Swap. Lock CHESS creates veChess, which enables users to participate in Tranchess’s weekly rebate and governance votings. Earn sustainable returns by staking in the PoS networks. Your staked assets, such as BNB remain liquid and can be used as collateral or to provide liquidity in the broader DeFi ecosystem.
Tranchess (CHESS) profile