A step-by-step guide to the SolvBTC.BBN fund II.
1. Getting Started
To begin, follow these simple steps:
- Choose the correct network: Tranchess SolvBTC.BBN Fund II is deployed on the BNB Chain.
- Connect your wallet: Start by connecting your BNB Chain-compatible wallet to the Tranchess platform. We support popular wallets such as MetaMask, Rabby Wallet, and WalletConnect.
- BNB for gas: You need some BNB on BNB Chain for the gas fee.
2. Understanding the Tokens
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- sbbbnQUEEN2: Swap sbbbnQUEEN2 1:1 with SolvBTC.BBN. Every sbbbnQUEEN2 can be split into 0.1 turPSBBBN2 and 0.9 staYSBBBN2. Similarly, every 1 turPSBBBN2 and 9 staYSBBBN2 can be merged into 10 sbbbnQUEEN2. The ratio is always 1⇌0.1+0.9.
- sbbbnQUEEN2 does not earn Solv points (XP). However, you can turn the multiplier into 4x with just one extra step and no slippage or loss of any kind: splitting sbbbnQUEEN2 into turPSBBBN2 and staYSBBBN2. There is no fee for split/merge.
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- staYSBBBN2 (Stable Yield SolvBTC.BBN Fund 2): Short for "Stable Yield SolvBTC.BBN", staYSBBBN2 earns a fixed interest of 12%. Don't confuse the fixed APR with the staking yield. The staking yield paid to SolvBTC.BBN holders is separate from the fixed yield and will not be affected.
- You can swap staYSBBBN2 back to SolvBTC.BBN anytime you want, or hold it until the fund ends, when all staYSBBBN2s will be converted back to SolvBTC.BBN.
- staYSBBBN2 doesn't earn any Solv points.
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- turPSBBBN2 (Turbo Point SolvBTC.BBN Fund 2): Short for "Turbo Point SolvBTC.BBN," turPSBBBN2 turbocharges your speed of earning SolvBTC.BBN points. With an innate leverage of 10 and a bonus multiplier of 4 from Solv, turPSBBBN2 earns Solv points at a 40x rate.
- You can swap turPSBBBN2 back to SolvBTC.BBN anytime you want, or hold it until the fund ends, when all turPSBBBN2s will be converted back to SolvBTC.BBN.