Tranchess
Decentralized derivativesLiquid staking platformsDeFi yield aggregators
Tranchess
A tranched-fund protocol that splits BTC, ETH, and BNB exposure into stable-yield and leveraged tokens.
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What is Tranchess?
Tranchess is a structured-product protocol on Ethereum and BNB Chain that lets users gain different risk/return profiles from a single underlying asset. Users deposit BTCB, ETH, or BNB to mint QUEEN, then split it 50/50 into BISHOP (stable-yield, USD-anchored) and ROOK (leveraged-long, no forced liquidation). veCHESS holders earn weekly rebates equal to 50% of protocol revenue and vote on staking-reward splits.
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