How to Buy queenETH Crypto (QETH)
What is queenETH QETH?
According to Coingecko, queenETH is : What is the project about? Tranchess is a yield-enhancing asset tracker protocol with varied risk-return solutions. What makes your project unique? Unlike Lido’s stETH, the balances of qETH does not get rebased on daily basis; what’s getting recalculated regularly is the net asset value of qETH. The staking rewards will be reflected on the increase in the net asset value (qETH/ETH). Therefore, qETH is naturally compatible with existing DeFi infrastructures. Fund would distribute fee rebates to node operators and veCHESS holders in qETH, which could be directly traded in the qETH/ETH pool from Balancer directly. qETH holders could swap qETH with ETH, provide liquidity for the qETH-ETH stable swap, or split into BISHOP and ROOK for more risk options. Furthermore, Tranchess Fund will stake the ETH into the ETH2 Deposit contract. Every 32 Ethers deposited would activate a new validator created by one of the node operators and earn stable ETH2 staking rewards. Note that since the rewards for a functional validator node are always positive and will constantly grow, the net asset value of qETH/ETH will almost always increase. History of your project. The concept of Tranchess was first incepted in early 2020 and was developed quickly into its current state. Inspired by tranche funds’ ability to satisfy users’ varying risk appetites, Tranchess aims to provide a different risk/return matrix out of a single main fund that tracks a specific underlying asset (e.g. BTC, ETH, BNB) or a basket of crypto assets What’s next for your project? Tranchess plans to carry its LSD+Tranched fund model to all major POS chains, to provide yield segmentation to users with different risk appetite. What can your token be used for? qETH is the liquid token of Tranchess liquid staking. After users stake their ETH with Tranchess, they receive qETH as the liquid token. The amount of qETH is constant unless users stake/unstake more ETH. The staking rewards will be accumulated as fair value of
Where can I buy QETH Crypto?
You can buy queenETH on Uniswap.
Why should you buy queenETH?
queenETH is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.
How to Buy queenETH Crypto?
Step 1 - Setting up a Metamask Wallet
Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.
Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.
Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.
Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.
Step 2 - Buy Ethereum on Simpleswap
Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.
Click here to access Simpleswap
Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:
Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.
You can now choose between Google Pay or card to complete the payment:
Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.
Step 3 - Buy queenETH on Uniswap with ETH
Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.
Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive queenETH. Open Metamask, scroll all the way down, and click here:
Select Custom Token and paste this token contract address there:
0x93ef1ea305d11a9b2a3ebb9bb4fcc34695292e7d
The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive queenETH (QETH).
You can check the price and confirm the correct token address of queenETH on Coingecko.
Let's buy some queenETH!
Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.
Select a token and paste the Token contract address: 0x93ef1ea305d11a9b2a3ebb9bb4fcc34695292e7d
Click Import and accept the terms.
Now you have to select the amount of ETH you want to trade for QETH. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.
Wait a few minutes, and your QETH should appear on your Metamask Wallet.
Congratulations! You are now a proud Investor of queenETH!
In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:
Step 4 - Store queenETH on Ledger
Check out our guide on how you can store queenETH on Ledger's Hardware Wallet
Check out queenETH links:
Website: https://tranchess.com/
Twitter: https://twitter.com/tranchess
Telegram: https://t.me/tranchess
Explorer: https://etherscan.io/token/0x93ef1Ea305D11A9b2a3EbB9bB4FCc34695292E7d
Please make sure you read our Disclaimer. We are not financial advisors.