Tranchess Community Call with StakeStone on June 13th at 12 pm UTC: Latest Updates and Funds Sharing Session

Tranchess, a leading asset management and derivatives trading protocol, is set to host a community call on June 13th at 12 pm UTC. The meeting will focus on the latest updates and funds, and will feature an alpha sharing session with special guest StakeStone.

Tranchess, known for its innovative approach to blockchain investment products, consists of three tokens (QUEEN, BISHOP, and ROOK) and a governance token CHESS. The project is designed to optimize investment in Bitcoin by offering investors the ability to choose between different levels of risk and return based on the tranche principle.

QUEEN, an index token that tracks BTC price fluctuations, allows users to pledge BTCB as an underlying asset to receive QUEEN. BISHOP, a yield token pegged to USDC, features a variable interest rate adjusted weekly based on data from the Venus platform. ROOK, a leveraged BTC token, enables holders to borrow funds from BISHOP holders to increase BTC risk exposure.

The Tranchess Governance Token, CHESS, offers holders the ability to participate in voting to adjust the weekly interest rate for BISHOP tokens, receive weekly rewards in the form of a share of BTCB commissions, and increase rewards through staking in the liquidity mining program.

The upcoming community call is expected to provide valuable insights into the latest developments within the Tranchess ecosystem and offer participants the opportunity to engage with industry experts, including special guest StakeStone. Stay tuned for more updates on this exciting event!