Tranchess

Halal Rating :
Questionable
Last Price $0.13 Last updated:
Rank 755
1D Change 1.45 %
Market Cap $23.33m
Circulating supply 174,364,231
Maximum supply 300,000,000

Crypto Overview

Categories
  • DeFi
  • Derivatives
  • Staking
  • Yield Farming
  • BNB Smart Chain
  • Three Arrows Capital Portfolio
  • Governance
  • Binance Labs Portfolio
  • MVB
  • BNB Chain
  • Liquid Staking Derivatives

Tranchess is a tokenized asset management and derivatives trading protocol. Inspired by tranche funds that cater to investors with different risk appetite, Tranchess aims to provide a different risk/return matrix out of a single main fund that tracks a specific underlying asset (e.g.BTC). The main tranche can be split into two sub-tranches with their own distinct risk return profile. Tranchess Protocol is not a standalone asset management ecosystem, but encompasses all features one can find in the DeFi space. It is a one-stop centre for those that wants to enjoy popular DeFi features- such as single-asset yield farming, borrowing & lending, trading, etc..

Crypto Impact

To assign a comfort level investing in Tranchess from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Tranchess.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating