Welcome to Champion Finance, BTC, ETH, USDC Algo-stable Yield Farming, innovative ETF, Detonator & Balancer style Dex on Avalanche network
The protocol's underlying mechanisms dynamically adjusts $VIC supply, keeping its price stable relative to the price of its pegged token.
Champion Finance is a multi-token protocol which consists of the following tokens:
- Victory ($VIC): UVIC (pegged to USDC.e)/ EVIC (pegged to WETH.e)/ BVIC (pegged to WBTC.e)
- Champion ($CHAM)
Why UVIC pegged to $USDC?
In recent days, Cryptocurrency market is big downtrend, big volatility. Only stablecoins are the exceptions.
Stablecoins are the bridge between Decentralized finance (Defi) and Centralized finance (Cefi). The demand of stablecoins is increasing day by day with the development of not only Defi market but also the whole cryptocurrency market.
$USDC is a stablecoin backed by US dollar - a fiat currency with 1:1 ratio. Each USDC is redeemable for one US dollar, and is backed by one dollar or a dollar-denominated asset with equivalent value held in accounts at regulated U.S financial institutions. Those accounts are audited by U.S. accounting firm Grant Thornton LLP, which issues monthly attestations on the reserves backing USDC. $USDC is the most popular, stable and widely accepted stablecoin on almost recent blockchains.
Defi is risky!
Do your own research (DYOR) before investing in any projects. Investing in defi protocols is risky and may result in monetary loss.
By using Champion Finance, you agree that the Champion Finance team is not responsible for any financial losses from investing in Champion Finance nor do we promise any valuable returns now or in the future.
Champion Finance does not operate or control the contracts on the blockchain of this protocol, these are open and permissionless and we are unable to stop anyone from using the protocol directly from the blockchain. In using these contracts you acknowledge that you understand this and are complying with the laws of your local jurisdiction.