DeFi Protocol Tranchess Meets Target to Become Binance Smart Chain Validator Node, Launches BNB Fund

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DeFi Protocol Tranchess Meets Target to Become Binance Smart Chain Validator Node, Launches BNB Fund
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DeFi Protocol tranchess has met its target to become a BinanceChain validator node. thesamreynolds reports.

Binance CEO Changpeng Zhao

Danny Chong, the co-founder of Tranchess, told CoinDesk that the BNB fund marks V2 of Tranchess citing the new income streams available from acting as a validator . “The complexities involved in being a validator currently excludes many protocols from transforming their pure token emission model into a more diverse revenue model that generates consistent alpha returns for users,” he said, noting that inactive validators or ones the community deems aren't pulling their weight are banned from BSC.

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