Name: Tranchess
Ticker: CHESS
Algorithm: BSC
Sector: Financial sector service
Exchanges: Binance, Gate.io, MEXC, CoinEx, PancakeSwap
Tranchess is an asset tracking tool that increases returns, with different risk/return decisions. Tranchess provides a different risk/return matrix from a single underlying fund that tracks a specific underlying asset. The game of chess inspired the developers to name the project Tranchess, and from the French word "Tranche," which is often associated with tranche funds, which in turn serve different classes of investors with different risk appetites. Tranchess was launched on June 24, 2021.
Tranchess consists of three Tranche tokens (QUEEN, BISHOP, ROOK) and its management token CHESS. Each of the three tranches is designed to meet the needs of different user groups: stable returns (Tranche BISHOP), leveraged crypto-assets trading (Tranche ROOK) and long-term ownership of crypto-assets (core Tranche QUEEN).
Below are a number of important metrics, all of which are accurate as of September 5, 2022.
Price: $0.2797$
Circulating Supply:82,546,919 (source)
Total Supply: 300,000,000 CHESS
Maximum Supply: 300,000,000 CHESS
% of Max. Supply Minted: 27,5%
Category: Lowcap