The Tranchess platform serves as a cutting-edge asset management system, offering tailored risk-return solutions through its unique fund structure. Launching on June 24, 2021, the system is named after the strategic depth of chess and the financial concept of a “tranche,” reflecting the way it caters to varying investor risk profiles.
Optimized Yield and Secure Positions
Tranchess promises enhanced yield returns without the risk of permanent losses, enabling users to access low-cost leveraged positions without the threat of forced liquidation. It introduces a zero lock-up period for holders of its QUEEN token, aiming to shield against Oracle attacks with its innovative TWAP system.
The platform’s robust smart contract infrastructure ensures process transparency and automation, allowing participants to amplify earnings by tracking BTC movements, lending tokens, or leveraging positions safely. Investors benefit from revenue sharing as part of their staking rewards, enjoying gains from both the net asset value and yields.
Advanced Security and Diverse Team Expertise
Tranchess’ smart contracts are designed to be impervious to price manipulations like flash loan attacks by not relying on external price feeds. Instead, its oracle uses a 30-minute TWAP to reduce the risk of manipulation. The team behind Tranchess, led by co-founder Danny Chong, boasts a diverse background in tech giants and prominent investment banks, with a deep focus on cybersecurity in investment and DeFi protocols.
To acquire CHESS, the platform’s native coin, one can confidently turn to Binance, the leading cryptocurrency exchange by volume. By registering on Binance and depositing fiat currency, investors can trade CHESS against various pairs, including Binance Coin (BNB), Tether (USDT), BUSD, and Bitcoin (BTC).