Description
BISHOP is a Tranchess product on BNB Chain presented as a stablecoin fully backed by its underlying assets. It earns interest by lending liquidity to ROOK holders for leveraged positions. Holders can provide BISHOP-USDC liquidity for trading-fee earnings, and BISHOP and its LP tokens are eligible to farm the CHESS governance token. BISHOP also shares liquid-staking rewards with ROOK, with the reward-sharing ratio determined by community voting.