# History Rebalance Record

## Complete Record of All Rebalance Events

<figure><img src="https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FLFIVkdQRabcr24nYDrbY%2Fmar%205%20eth%20rebalance%20record.png?alt=media&#x26;token=307c76e4-472f-441b-89cb-800b0bd63e48" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
In Tranchess V1, the NAVs recorded are pre-Rebalance NAVs. All NAVs would be adjusted back to 1 after Rebalance.
{% endhint %}

{% hint style="info" %}
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.
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## Specific Token Adjustments for Each Rebalance

{% hint style="success" %}
ETH Rebalance, Mar. 5, 2024 (on BNB Chain. Tranchess on Ethereum ***was not affected***.)
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<figure><img src="https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FtYRrcGMiF6QrGzOskfXW%2Frebalance%203.5%20eth.png?alt=media&#x26;token=d0ab2b39-82a6-4f3b-b998-10b0042c155b" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
ETH Rebalance, Dec. 8, 2023 (on BNB Chain. Tranchess on Ethereum ***was not affected***.)
{% endhint %}

<figure><img src="https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FA6U9vcEh0AOoLU8LlCS3%2Feth%20reb%20128.png?alt=media&#x26;token=74ed3d13-bf48-4f59-8435-cffdbe2d9b1b" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
BTCB Rebalance, Dec. 6, 2023 (on BNB Chain. Tranchess on Ethereum ***was not affected***.)
{% endhint %}

<figure><img src="https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2F1YJ8hSrw39lKSm9H1I6j%2Frebalance%20btc%20dec%206.png?alt=media&#x26;token=d7947dae-c10c-471b-974b-ca053611ec5c" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
BNB Rebalance, Oct. 12, 2023 (on BNB Chain. Tranchess on Ethereum ***was not affected***.)
{% endhint %}

<figure><img src="https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2F3sx6ScbkKcOeuOqs68iQ%2Frebalance%20bnb%20oct%2012.png?alt=media&#x26;token=4c1e1a25-2f8b-40a4-9c8e-de5ea2936cf5" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
ETH Rebalance, Mar. 18, 2023 (on Ethereum. The ETH fund on BNB Chain ***did not*** rebalance.)
{% endhint %}

<figure><img src="https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FG9uiEPl7ZotAu1qQzENx%2F20230318%20ETH%20Rebalance.png?alt=media&#x26;token=601feb3f-e020-4466-ba81-72b8cd710909" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
BTCB Rebalance, Mar. 18, 2023
{% endhint %}

<figure><img src="https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FsBq4ikS8Z2UxDzIZ9RNb%2F20230318%20BTC%20Rebalance.png?alt=media&#x26;token=dc53f24e-9a60-4458-a4b1-e13c5622cd02" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
BTCB Rebalance, Nov. 9, 2022
{% endhint %}

<figure><img src="https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FOo54y4WSCUNQEUmp9kyi%2FNov%209%20BTC%20Rebalance%20details.png?alt=media&#x26;token=b9c8d378-8274-4121-b156-42b5ddb139ef" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
ETH Rebalance, Sep. 17 2022
{% endhint %}

<figure><img src="https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FAPmtVVn1DQRnQqiHxGBb%2Frebalance%20sep%2017%202022.png?alt=media&#x26;token=a5922dc2-8d22-492e-b25c-a736dbed3f70" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
ETH Rebalance, Aug. 11 2022
{% endhint %}

![](https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FImVjpTSltl8HVwOLlTHB%2Frebalance%20aug%2011%20details.png?alt=media\&token=4c3b2df0-f3da-4c88-bd01-82cd99337f3c)

## Past Rebalances during Tranchess V1.&#x20;

***(June 24, 2021 \~ June 9, 2022)***

{% hint style="success" %}
BTCB Rebalance, Oct. 6 2021
{% endhint %}

![](https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FWLCu2haYrPbWRDTWQ6I7%2FOpera%20%E5%BF%AB%E7%85%A7_2021-10-06_230914_www.tranchess.com.png?alt=media\&token=10a25606-63b1-4ede-b738-33df6cbf9258)

{% hint style="success" %}
ETH Rebalance, Jan. 6, 2022
{% endhint %}

![](https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FqDra1IuYV1NxMJ29jJ2O%2F2nd.%20eth%20reba.png?alt=media\&token=0376eb01-c213-4935-8cab-ccba4e30bb8a)

{% hint style="success" %}
BTCB Rebalance, Jan. 7, 2022
{% endhint %}

![](https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2Fegisikd84FFO1kV19ldN%2F3rd.%20BTCB%20reba.png?alt=media\&token=14ebc0ca-3613-4d1e-be8c-fe2d3a48c457)

{% hint style="success" %}
ETH Rebalance, Jan. 22, 2022
{% endhint %}

![](https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FJscSle7Q9S54TgbStqL2%2F%E5%BE%AE%E4%BF%A1%E6%88%AA%E5%9B%BE_20220123070210.png?alt=media\&token=92a2f342-6257-429d-a056-9271b72711b2)

{% hint style="success" %}
BNB Rebalance, Jan. 24, 2022
{% endhint %}

![](https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FiXqfEgE8yq76K7DKorwp%2F%E5%BE%AE%E4%BF%A1%E6%88%AA%E5%9B%BE_20220125054015.png?alt=media\&token=f667e090-3c08-4e06-b573-bcaa7022cb18)

{% hint style="success" %}
BTCB Rebalance, May 10, 2022
{% endhint %}

![](https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FkwFTFhkiZEx5EV6GafQ3%2Frebalance%20BTCB%20May%2010.png?alt=media\&token=0d40c9f6-44a3-4fd1-ab1b-63ea86a37a51)

{% hint style="success" %}
ETH Rebalance, May 26, 2022
{% endhint %}

![](https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FwY3XOiJfr32wijwlK2UL%2Feth%20rebalance%2005261.png?alt=media\&token=5d19a82c-9ae7-4cb0-ae8b-210dc450764e)

{% hint style="success" %}
BTCB Rebalance, June 13, 2022
{% endhint %}

![](https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FSIoBChEeyjJ996lxro8h%2FBTC%20Rebalance%20June%2013.png?alt=media\&token=f89c2333-d731-436a-ae0b-d1fbc78d3036)

{% hint style="success" %}
ETH Rebalance, June 13, 2022
{% endhint %}

![](https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FHwsomO80KZzBXHCSrGdH%2FETH%20rebalance%20June%2013.png?alt=media\&token=49fd4352-9aaa-4b7e-b709-787796d5f9d6)

{% hint style="success" %}
BNB Rebalance, June 13, 2022
{% endhint %}

![](https://2540722851-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-Mchj1EYFnmQ1Crwmt7p%2Fuploads%2FdFJ0tvhhCUowpayOvCD8%2FBNB%20rebalance%20June%2013.png?alt=media\&token=7738323d-d89e-4da1-97c8-6aa4904aeb50)