Tranchess (@tranchess) is a new structured DeFi product offering a fixed income and Bitcoin exposure to users. Within one week of its launch, Tranchess has attracted $500M of capital in the protocol. I invited Tranchess co-founder, Danny Chong, to discuss the tranche product landscape, who are the next big wave of users in DeFi, and the challenges of creating sustainable protocol incentives. Host: Jason Choi (@MrJasonChoi). This show is not financial advice; show host and guest may hold some of the assets discussed. ------------- Sponsors ------------- PARASWAP is the best place to trade your tokens and get the best price in DeFi today. Get started on paraswap.io/blockcrunch SOLANA: The Solana ecosystem is growing at a rapid pace and it's a great place to build your project or get involved with the community. Go to solana.com/blockcrunch to learn more! ------------- Disclosures ------------- Musical credits: Underground Stars by Loxbeats https://spoti.fi/34tPBBO Creative Commons '" Attribution 3.0 Unported '" CC BY 3.0 Free Download / Stream: https://bit.ly/underground-stars Music promoted by Audio Library https://youtu.be/vpJDMD2EzkA Disclaimer: Jason Choi is a General Partner at Spartan Capital, a subsidiary of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidia