Tranchess launches Tranchess Community Council

Tranchess, a tiered fund product on Ethereum and BNB Chain, officially launched the Tranchess Community Council (TCC) to improve the governance structure, overall efficiency, and adjust incentives for the protocol and the community. The new TranchessDAO will consist of three parts: the Tranchess Core Team, the Tranchess Community Council, and the Tranchess Community. Each of the three can vote on proposals, and only the Tranchess Core Team and TCC can write new proposals. The Tranchess community and the Tranchess core team will vote for suitable TCC members, who may come from the Tranchess Troopers of the Month group, nominated by the community. The TCC will have a total of 6 members, who will be re-elected every quarter. Tranchess will allocate a budget of 8,000 CHESS to TCC, which will be distributed by airdrops on a quarterly basis. The main responsibilities of TCC are to represent the community through proposals, provide consultation to the Tranchess core team, convey feedback and ideas from the community, etc., and will be gradually rolled out in about 6 months.