How to Join the BNB Fund
and earn additional Alpha!
Step-by-Step Walkthrough:
- Connect your wallet to the platform.
- 1.Tranchess now supports Metamask, Wallet Connect and Binance Chain Wallet.
- 2.In our guides, we will use Metamask as an example.
The BNB fund comes with a new homepage UI. Don't worry, it still has all the information you want to know.
- Start creating BNB nQUEEN+ by
- 1.Click on "Create nQUEEN+" on the front page;
- 2.Or choose "Primary Market" at the top.
- Select "BNB" from the drop-down list, enter the amount of BNB you want to create, click "Create nQUEEN+" and approve the transaction.
Just like BTCB and ETH funds, creation and redemption requests are settled every 24 hours at 14:00 UTC. However, unlike the BTCB and ETH funds that need to wait for 15 minutes for settlement, nQUEEN+ is claimable right after 14:00 UTC.
- Once the transaction is approved, you should see a new unsettled log under "Claimable assets".
If you have multiple creation requests for the same asset during the same 24-hour time window, the requests will be merged together and displayed as one log.
- After settlement, you can claim nQUEEN+ back to your wallet. If this is the first time you create nQUEEN+, you would need to approve it first. Of course, you can also click "Claim all" directly and your nQUEEN+ would be claimed to your wallet after the transaction.
- Don't forget to stake the claimed assets for CHESS mining! Click on the "Staking" tab and stake your nQUEEN+ for the CHESS earning on top of the Alpha return. If this is the first time you are staking and you didn't approve nQUEEN+ when claiming it, you would need to approve nQUEEN+ before staking.
For the first five weeks after the BNB fund launches, there would be an additional amount of CHESS distributed to all Tranchess users besides the regular emission. Detailed schedule as below:
For the complete emission schedule of CHESS, check out the link below:
CHESS
Documentation
How many tokens are released every week?
- You should now see the banner below if you:
- Have staked nQUEEN+;
- Have CHESS locked in the same address;
- Haven't boosted your BNB fund yet.
And of course, you would want to click "Enroll now" to start mining CHESS at a boosted speed!
Don't ignore the yellow banner that follows you whichever page you go. Enroll your veChess for the BNB rebate! The first BNB rebate will happen on Jan. 20, 2022.
- Congrats! You've officially started the journey of earning alpha returns on your BNBs!
Last modified 1yr ago