Tranchess is a DeFi protocol offering innovative ways to invest in cryptocurrencies. The CHESS token is the governance and utility token for the platform, allowing holders to vote on protocol decisions and obtain a share of the revenue. The platform splits Bitcoin price exposure into tranches, allowing investors to engage in customized strategies based on their risk appetite. CHESS can be staked to earn additional yield. Tranchess (CHESS) was first put forth by Danny Chong along with his team.
