Tranching Protocol

Tranching Protocol is a DeFi yield-optimization and risk-management protocol that lets users tranche yield-bearing crypto assets into multi-tiered senior and junior positions, aiming to maximize returns while improving risk management across on-chain yield strategies. The project went through Binance's incubation program (publicly demoed in January 2022) and is backed by investors including Animoca Brands, Binance Labs, and Crypto.com. Its native token, $TP, launched with 30% of total supply airdropped to the community, claimable via claim-tranching.com. Crunchbase describes the project as developing 'a yield optimization and hedging protocol platform designed to implement tranching for yield farming.'