The spot price is the current price in the marketplace at which a given asset—such as a security, commodity, or currency—can be bought or sold for immediate delivery. While spot prices are specific to both time and place, in a global economy the spot price of most securities or commodities tends to be fairly uniform worldwide when accounting for exchange rates. In contrast to the spot price, a futures price is an agreed upon price for future delivery of the asset.
Tranchess in itself is a yield-enhancing asset tracking protocol. Specifically, our QUEEN fund serves the direct purpose of providing users with spot exposure to the underlying asset, whether it be BTC, ETH, BNB, or any future fund. This is designed to serve the long-term hodlers of the underlying asset as they look for sustainably enhanced yield on top of their subjected spot exposure.
The QUEEN fund derives its yield from the following sources: