Tranchess, an asset tracking decentralized finance (DeFi) protocol that prioritizes risk-managed solutions, has launched a BNB token fund as a Binance Smart Chain (BSC) validator. The move is intended to shift the protocol away from purely generating revenue from the creation and sale of new tokens.

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CORRECTION (Jan. 14, 10:47 UTC): Corrects to say BNB fund in first bullet point, original said BSC. Corrects minimum number of BNB staked to 10,000 from 1,000 in third bullet.