Create & Redeem

To create or redeem your nQUEEN, bQUEEN, eQUEEN or qETH, go to "Liquid Staking" and choose the chain.

Choose the token you want to create or redeem:

To create, put in the desired amount, approve the token and confirm your transaction:

For redemption, you will need to unstake the staked tokens first:

You will find your staked assets under "Portfolio" - "Tranche tokens":

Stake your QBR tokens here to start earning CHESS, or unstake them before redemption. For BISHOP and ROOK tokens, you can either merge them proportionally into QUEEN and redeem, or directly swap them back to USDC. All can be found under "Tranche":

After unstaking the QUEEN tokens, you can now redeem them back to the underlying assets:

For BNB creation/redemption, we support two methods: direct swap from the LP pool or delegation/undelegation from the staking node. The latter requires more time as it involves on-chain node operation.