GREETING!
(Champion Optimizer)
Welcome to Champion Finance, a Decentralized, Multichain Yield Optimizer that allows its users to earn compound interest on their crypto holdings. Champion earns you the highest APYs with safety and efficiency in mind.
Inspired by precursive projects before us (Beefy Finance, Reaper Farm) we have developed our own Multichain Optimizer Protocol.
Through a set of investment strategies secured and enforced by smart contracts, Champion automatically maximizes the user rewards from various liquidity pools (LPs), automated market making (AMM) projects, and other yield farming opportunities in the DeFi ecosystem.
The main product offered by Champion Finance are the Vaults in which you stake your crypto tokens. The investment strategy tied to the Vault will automatically increase your deposited token amount by compounding arbitrary yield farm reward tokens back into your initially deposited asset. Despite the name Vault suggests, your funds are never locked in any Vault on Champion: you can always withdraw at any moment in time.
DeFi applications are unique in the sense that they are permissionless and trustless, meaning that anyone with a supported wallet can interact with them without the need for a trusted middleman. While you have funds staked in a vault, you remain 100% in control of your crypto.
Champion Optimizer is a part of the ecosystem established by the trustworthy, reliable and hardworking team. Champion Algorithms is the first protocol of the ecosystem.
CHAM is the governance token of Champion Finance in both Algorithm and Optimizer protocols
CHAM is the multiutility token of Champion Finance.
- CHAM stakers earn a part of the revenue generated by Champion Optimizer
- CHAM stakers earn Yield on Champion Algorithm
- CHAM holders are entitled to vote on important governance decisions.
For all the vaults deployed on every blockchain, Champion has its multiutility token CHAM at its core. Platform revenue is generated from a small percentage of all the vault profits and distributed back to those who stake CHAM.
The revenue sharing mechanics enable you to stake CHAM to earn more CHAM in a xCHAM Single Staking/buyback Pool and earn blue chips like ETH, BNB, FTM, MATIC, AVAX, and more in the xCHAM Earnings Pools.
The supply of CHAM is limited at 72,001 tokens and available on various decentralized exchanges such as Trader Joe and PancakeSwap.
CHAM emission will end on 25th July 2023.
There is 0.5% burning fee for each transaction of CHAM: sell/buy/add liquidity/remove liquidity on networks rather than Avax (No burn fee on Avax). Burning fee with increasing demand will help CHAM to become a deflated token and help its price to grow in the long term.
Last modified 8mo ago