Tranchess (CHESS) is a tokenized asset management and derivatives trading protocol to provide a risk/return matrix from a single core fund that tracks a specific underlying asset. The main tranche can be divided into two sub-tranches with its own risk-return profile. Also includes all the functions that can be found in the DeFi space.

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Want to be long $BTC into the ETF period whilst having NO risk of liquidation. And on top of that get some more yield.