In Tranchess V1, the NAVs recorded are pre-Rebalance NAVs. All NAVs would be adjusted back to 1 after Rebalance.
In Tranchess V2 and after, the fair value of QUEEN would remain the same before and after the Rebalance, while fair values of BISHOP and ROOK would be adjusted to 1.
Specific Token Adjustments for Each Rebalance
ETH Rebalance, Mar. 5, 2024 (on BNB Chain. Tranchess on Ethereum was not affected.)
ETH Rebalance, Dec. 8, 2023 (on BNB Chain. Tranchess on Ethereum was not affected.)
BTCB Rebalance, Dec. 6, 2023 (on BNB Chain. Tranchess on Ethereum was not affected.)
BNB Rebalance, Oct. 12, 2023 (on BNB Chain. Tranchess on Ethereum was not affected.)
ETH Rebalance, Mar. 18, 2023 (on Ethereum. The ETH fund on BNB Chain did not rebalance.)