A Season 2 DUO: slisBNB & STONE

Tranchess
3 min readOct 6, 2024

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October comes with an exciting start as we unveil Fund II for slisBNB and STONE, both in the first week! Here’s a quick glance at the specifications as well as some of the frequently asked questions.

slisBNB Fund 2:

  • Underlying Asset: slisBNB
  • Chain: BNB Chain
  • Duration: 3 Oct 2024 ~ 27 Mar 2025 at 2 pm UTC
  • Tokens:
  • slisQUEEN2: 1:1 with slisBNB
  • staYLBNB2: 12% fixed yield and no points
  • turPLBNB2: 20X points rewards
  • slisBNB-staYLBNB2 LP: partial interest, trading fee, and slisBNB in LP receives 2X points multiplier

Always remember, for QUEEN token holders, splitting your slisQUEEN2 into staYLBNB2 and turPLBNB2 and holding them both will effectively boost your points multiplier to 2X!

To get started now, check out the user guide on TranchessWiki: Tranchess slisBNB Fund II User Guide

STONE Fund 2:

  • Underlying Asset: STONE
  • Chain: Scroll
  • Duration: 5 Oct 2024 ~ 13 Feb 2025 at 2 pm UTC
  • Tokens:
  • stoneQUEEN2: 1:1 with STONE
  • staYSTONE2: 6% fixed yield and no points
  • turPSTONE2: at least 20X* points rewards!
  • STONE-staYSTONE2 LP: partial interest, trading fee, and STONE in LP receive at least 2X* points multiplier.

*Note: For all users who have participated in our first STONE fund before, your multiplier is 2.5X! That is, all your turPSTONE2 will receive a boost of 25X, and your STONE in LP will receive a 2.5X points multiplier!

Split your QUEEN token into Turbo and Stable and hold them both. The simple action gives new users an instant boost of 2X and STONE Fund 1 returning users an instant boost of 2.5X!

To get started now, check out the user guide on TranchessWiki: Tranchess STONE Fund II User Guide

FAQ

  1. Is Create/Redeem, Split/Merge still free?

A: Yes! And since there’s no lock-up period, you are free to convert between tokens whenever you want to.

2. What is the trading fee for Swap?

A: 0.05%. Quick reminder: the percentages you see on our website under “yield details” beside “trading fee” is the yield% of the trading fee, not the fee itself.

3. Do Stables in LP tokens still receive partial interest earning?

A: Yes! Just like they do in Fund 1, staYLBNB2 and staYSTONE2 in LP token will continue to receive partial interest earning.

4. How is the 3% protocol income on Turbo points calculated for the two new funds?

A: For the slisBNB fund, just as the previous one, ListaDAO gives Tranchess separately 3% of the total Lista points distributed to all Turbo users as a protocol fee. For the STONE fund, Tranchess charges 3% from points distributed to Turbo users.

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Tranchess
Tranchess

Written by Tranchess

A Yield Enhancing Asset Tracker with Varied Risk-Return Solutions. https://www.tranchess.com/

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