Tranchess Validator Nodes Give Great APYs To Users

Tranchess is one of the front-line DeFi projects on BNB Chain and is committed to building community-centered products.

High APY BNB Fund

Investors in the yield-enhancing asset-tracking protocol, Tranchess, can now earn improved annual percentage yields (APY) up to 18.3%. The protocol offers its investors enhanced returns through the revenue it generates as a Binance Smart Chain validator.

Tranchess became a BSC Validator Node in January with the setting up of a BNB Fund. Participants in the fund who create and stake the BNB-tracked $QUEEN token or the leveraged $ROOK token will be eligible to earn higher APYs. The protocol disclosed the enhanced yields via Twitter on March 9:

“#DidYouKnow Tranchess runs its own Validator Node on #BNBChain & users can earn up to 18.3% APY by staking #BNB with us? You can even use the leveraged tranche of nROOK+ to get 2x leverage on your BNB AND earn 18% APY!” Tranchess stated in its tweet.


Investing in the BNB Fund is a seamless procedure. For example, to commit BNB and create QUEEN: 

Visit the Tranchess Primary Market and connect your wallet. 

Under ‘Create and Redeem’, select “BNB”. Enter the amount of BNB you want to commit. 

Click on Create nQUEEN+.

Tranchess then stakes all invested BNB from the fund to its BNB Chain validator node and redistributes the rewards accruing to its validator node to the fund’s investors. See this Medium post for more details about the BNB Fund. 

The Tranchess project boasts of being committed to the ideals of decentralized finance. As earlier reported by BSCNews, Tranchess was one of 13 leading BNB Chain protocols that came together to form a DeFi League. One of the objectives of the DeFi League is to build DeFi products that deliver new experiences to users. The BNB Fund was created along the lines of that objective, and while being a validator on BSC is a plus for Tranchess, it is also a win-win relationship as the community stands to benefit from it.

What is Tranchess?

Tranchess is a yield-enhancing asset tracker protocol with various risk-return solutions. Tranchess explains its facets were first put together in early 2020, and it 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., BTC).

Tranchess states its vision is to empower users of DeFi with asset allocation flexibilities. They hope to be a long-term solution for long-term holders of crypto assets. 

Where to find Tranchess:

Website | Twitter | Telegram | Discord

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