Champion Optimizer
a Decentralized, Multichain Yield Optimizer
Champion Optimizer is a Decentralized Finance (DeFi) Yield Optimizer project, that allows its users to make more crypto with crypto. 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 middlemen. Champion Optimizer caters its users by making it easy to get a yield on their crypto capital in a safe and decentralized manner. Through a set of smart contracts and several investment strategies, Champion Optimizer automatically maximizes the user rewards from various liquidity pools (LPs), automated market making (AMM) projects, and other yield farming opportunities in the DeFi ecosystem. This provides a huge advantage over attempting to do this manually yourself.
The project consists of doxxed, KYCed and also anonymous team members, directly inspired by the yield optimization projects that had been developed (Beefy Finance, Reaper Farm).
As a team that has been part of the crypto world for many years, we are strong proponents of “Don't Trust, Verify”. This is why all the code contracts are open for anyone to verify that everything will work as intended. We are committed to this idea of radical transparency, which is especially important in nascent ecosystems like Decentralized Finance.
Champion Optimizer offers complex strategies that are simple and intuitive for any investor to take part in through the Vault offerings on the platform. The first set of vaults is going to live on January 2023 on the Binance Smart Chain (BSC) and the goals of this protocol is to be expanded to many more blockchains, establishing itself as The Multichain Yield Optimizer.
For all the vaults deployed on every blockchain, Champion Optimizer 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. As a decentralized project with a deeply ingrained crypto-mindset, there is also a robust governance system in place to put the decision-making power in the hands of those invested in the project by governance mechanisms build around CHAM.
There are a few key reasons as to why Champion differs from a large number of Yield Optimizers out there today.
- 1.Safety is Champion's number one priority. Before a Vault is released, the code has to pass a stringent set of SAFU rules.
- 2.Champion largely distributes platform revenue back to those who stake CHAM. With staked CHAM, you essentially hold a revenue share in Champion.
- 3.Champion has talented, industry-leading smart contract developers who carefully test and review the vaults, investment strategies, new platforms and smart contracts before releasing them to the public. Champion is also actively encouraging developers to contribute and engage to make Champion an even better product.
- 4.Champion is flexible and operates on various blockchains.
- 5.Champion offers strategies that other yield optimizers simply do not have.
- 6.Champion developers team always keep building, keep innovating!
Our long term goal is to help projects in DeFi grow together, providing help with auditing, creating hackathons for interesting strategies to add to the platform, etc. All of this will be coordinated decentralized by the community and the holders of the governance token CHAM.
Last modified 8mo ago