Tranchess, a yield enhancing asset tracker with varied risk-return solutions, is now listed on Binance (Innovation Zone). In the Innovation Zone of Binance, investors are allowed to buy and sell freshly-listed tokens that could be volatile with a greater risk.
Tranchess is a yield-enhancing asset tracker with varied risk-return solutions on Binance Smart Chain (BSC), which consists of 3 tranche tokens (QUEEN, BISHOP, and ROOK) and its governance token CHESS. The platform offers various features including a DEX (Tranchess Swap), money markets (Primary Market), staking, and network governance.Binance Research
Tranchess shares a vision of empowering DeFi users via asset allocation options. It is a fitting strategic solution for the long-term crypto hodlers. Tranchess firmly believes in its mission to enlarge their protocols on an ongoing basis to offer enough offerings. In doing so, Tranchess asserts being equally mindful about bettering accessibility for users via new chains and crypto assets.
The PeckShield and Certik-audited Tranchess’ native token CHESS soared a whopping 185% (from US$2.77 to US$7.91). Tranchess investors include such leading names as Three Arrows Capital, Spartan, Binance Labs, Long Hash Ventures, and IMO Ventures. Tranches just raised US$1.5 million from the above-listed investors.
CHESS has the following trading pairs available for trading on Binance: CHESS/BNB, CHESS/BTC, CHESS/BUSD and CHESS/USDT. CHESS withdrawals open from today, October 23 (2021). Tranchess’ total value locked (TVL) is US$1,725,241,885, as of this writing.
Source : bsctimes