Tranchess
CHESS

0.4922
$
11.78 %
Change 24h
Market Cap
$ 1,550,670
Volume 24h
$ 614,524
Circulating Supply
3,150,320
Total Supply
300,000,000
CHESS
$
Description
Tranchess is a tokenized asset management and derivatives trading protocol. Inspired by tranche funds that cater to investors with different risk appetite, Tranchess aims to provide a different risk/return matrix out of a single main fund that tracks a specific underlying asset (e.g.BTC). The main tranche can be split into two sub-tranches with their own distinct risk return profile. Tranchess Protocol is not a standalone asset management ecosystem, but encompasses all features one can find in the DeFi space. It is a one-stop centre for those that wants to enjoy popular DeFi features- such as single-asset yield farming, borrowing & lending, trading, etc..