Tranchess
CHS
Tranchess (CHS) Feed: Events, News & Roadmap
Tranchess to Hold AMA on X on July 2nd
Tranchess will host an AMA on X on July 2nd at 12:00 UTC.
Tranchess to Hold AMA on X on June 18th
Tranchess will conduct an AMA on X on June 18th at 13:00 UTC.
Tranchess to Hold SCR Distribution in February
Tranchess has announced that it will distribute 100% of the SCR received from the Scroll Ecosystem Project Reward to veCHESS stakers, starting in February.
Tranchess to Hold AMA on Telegram on January 17th
Tranchess is set to host an AMA on Telegram with Stables Labs usdx.money on the 17th of January at 12 pm UTC.
Tranchess to Participate in BNB Chain BNB Incubation Alliance in Bangkok on November 13th
Tranchess announced that its co-founder, Danny Chong, will be speaking at a panel on DeFi and stablecoins during the BNB Chain BNB Incubation Alliance in Bangkok on November 13th.
Tranchess to Hold AMA on Telegram on August 1st
Tranchess will host an AMA on Telegram with the co-founder of EtherFi. The discussion will focus on EtherFi and the new eETH funds.
Tranchess to Hold AMA on Telegram on July 23rd
Tranchess will host an AMA on Telegram with Lista DAO on July 23rd at 12:00 UTC.
Tranchess to Hold AMA on Telegram on June 13th
Tranchess will host a community call on June 13th at 12 pm UTC.
Tranchess to Host Community Call on January 11th
Tranchess will host a community call on January 11th at 12 pm UTC. The discussion will revolve around Tranchess v.3.0, LSDFi, and other related topics.
Tranchess to Participate in Token2049 in Singapore
Tranchess is set to participate in the Token2049 conference in Singapore on September 13th-14th.
CHESS Emissions Distribution
All CHESS emissions for this week will be distributed next week.
Community Call
Join to community call.
AMA on Telegram
Join to an AMA on Telegram.
Listing on Bitget
CHS will be listed on Bitget.
AMA on Twitter
Join to an AMA on Twitter.
AMA on Telegram
Join to an AMA on Telegram.
AMA on Binance Telegram
Join to an AMA on Binance Chinese Telegram.
AMA on Binance Telegram
Tranchess will be live tomorrow with Binance discussing their launch on Ethereum and their Liquid Staking Product - qETH.
AMA on Discord
AMA will be held on Discord.
Community Call
TownHall V "ETH, Liquid Staking and More!" Thursday, 13 October 12 PM UTC.
Tranchess Events on the Chart
What is Tranchess?
Tranchess is an asset management and derivatives trading protocol that consists of three tokens (QUEEN, BISHOP and ROOK) and a governance token CHESS. The project is a set of blockchain investment products designed to optimize investment in Bitcoin.
Based on the tranche principle, Tranchess allows investors to choose between different levels of risk and return, allowing them to tailor their investment strategy to their risk preferences. Tranchess offers several tranches, each of which has its own characteristics in relation to changes in the price of bitcoin. Within the system, various tranches are presented, each of which reacts to fluctuations in the price of bitcoin in a certain way.
QUEEN is an index token that tracks BTC price fluctuations. To receive QUEEN, users can pledge BTCB as an underlying asset.
BISHOP is a yield token pegged to USDC. Its feature is a variable interest rate, which is adjusted weekly. The USDC interest rate is determined based on data from the Venus platform, after which a surcharge approved by the community vote is added to it. The amount received becomes the BISHOP fixed rate for the following week.
ROOK is a leveraged BTC token that allows its holders to borrow funds from BISHOP holders and thereby increase BTC risk exposure.
Tranchess Governance Token, CHESS, has a number of functionalities: CHESS holders can participate in voting to adjust the weekly interest rate for BISHOP tokens; CHESS holders receive weekly rewards in the form of a share of BTCB commissions (approximately 50% of the total commissions of the Tranchess platform); in addition, by using CHESS for staking, users can increase the rewards of the liquidity mining program.