Zug, Switzerland, May 19, 2021 — Tranche Finance is pleased to announce that it launched its mainnet today. The Tranche platform is developed by Jibrel, a Swiss-based blockchain development company aiming to introduce risk management capabilities to decentralized finance.
The Tranche protocol integrates with any accrual token, such as Aave’s aTokens or Compound’s cTokens, in order to generate two new interest-bearing instruments — a low-risk senior tranche with a fixed rate (Tranche A) and a high-risk junior tranche with a variable rate (Tranche B).
Jibrel CEO and co-founder Yazan Barghuthi said:
“While DeFi adoption has grown rapidly over the last few years, a high degree of uncertainty around the validity and security of these protocols still exists. With Tranche, low-risk users can opt for senior tranches and be confident that their funds are safe in the event of a change in market dynamics or a hack. Those with a higher-risk appetite can deposit into junior tranches and maximize their returns.”
Furthermore, Tranche is keen on maximizing the utility of its SLICE token through three staking modules: SLICE staking, SLICE-ETH LP staking and SLICE-DAI LP staking. This enables Tranche to ensure liquidity and incentivize participation in protocol improvements and governance. Users can easily stake these three tokens and receive SLICE rewards on a weekly basis.
Talal Tabbaa, chief operating officer and co-founder of Jibrel, emphasized:
“Given the nascency of DeFi protocols, users are mainly trying to maximize returns and experiment with novel financial products, and aren’t really interested in fixed-rate or stable returns. At Tranche, we’ve figured out a way (SIRs — solvency incentive ratios) to ensure the system remains solvent while also being financially attractive for crypto degens like myself and most people reading this.”
Tranche is more than just another DeFi platform. The team believes that part of DeFi’s success is how users will be able to manage their crypto portfolios effectively. It all starts with applying the best practices for risk management while earning profits as well. This is what the essence of Tranche is all about: serving a slice of DeFi for everyone.
About Tranche Finance
Tranche Finance aims to offer risk management for DeFi users to manage their assets while earning interest and rewards through staking SLICE tokens. SLICE is listed on Uniswap, Bittrex and Gate.io.
Learn more about Tranche at https://tranche.finance/
Twitter: https://twitter.com/TrancheFinance
Discord: https://discord.com/invite/Nv44PTdF3K
Medium: https://tranchefinance.medium.com/
For business development and marketing partnership inquiries, please contact Mac Ocampo at [email protected].