Hello everyone... Here I am going to inform you by writing a review to introduce a very unique new project called The Champions Defi, so for that, have a look at the article I created below to give you a very good overview of the project, then what benefits do they give to everyone? Let's go straight to the discussion below.
About
TheChampionsDefi is the first automatic liquidity acquisition yield farm and AMM decentralized exchange running associating Football and Cyrpto on Binance Smart Chain and Polygon with lots of unique and creative features that let you earn and win. We are a decentralized exchange platform for swapping BEP-20 tokens on the Binance Smart Chain network and Polygon. We are fast, secure and anyone can swap and earn tokens.
Main Features
- AMM: TheChampionsDefi is an Automated market makers (AMMs) allowing digital assets to be traded and automatically by using liquidity pools instead of a traditional market of buyers and sellers. On a traditional exchange platform, buyers and sellers offer up different prices for an asset.
- Automatic Liquidity: Each transfer of CHAMPIONS must pay a 5% transfer tax. The 5% transfer tax gets added to the liquidity pool through the contract automatically to raise the price floor continuously. And the liquidity will be locked and inaccessible.
- Deposit Fee Redistribution: A 3,9% deposit fee will be charged when users enter staking, but unlike other yield farms, we don't plan to use the deposit fee to buy back and burn. Instead, we will redistribute to holders to encourage holding and we will use it for ChampionSafu and Marketing.
- No Migrator Code: The migrator code in the MasterChef contract has been removed.
- Timelock: Timelock will be added at launch.
The Champions Plaform
Why do i have high price impact when swapping ?
TheChampionsDefi Exchange platform is quiet new and some tokens don't have liquidity in our exchange. You can swap in any other Exchange and Add Liquidity in our platform.
Welcome to Champions Tutorials
👋
The goal of this section is to help our users get to know the platform better and make their stay on Champions more comfortable. This section will cover multiple topics that will help you save some time.
We understand how daunting it can be when you’re new. These guides were made to gently introduce you to the main features of the platform. Whether you're a rookie trying to understand mining or a veteran looking to develop a trading strategy, we've got you covered.
Without further ado, let’s get started.
Liquidity Pool
When you add liquidity to the pool, you will get LP tokens. When someone makes a token swap, a transaction fee of 0.19% will be charged. The liquidity pool will also allow you to stake your LP tokens to earn CHAMPIONS tokens in the “Farms”. Hence, apart from earning income from token swap transactions, a user will be able to stake LP tokens and earn CHAMPIONS tokens.
For instance, if you add liquidity to $BNB / $BUSD, you will receive BNB-BUSD LP tokens. The number of LP tokens you receive represents your share in BNB-BUSD liquidity pool. You can always request the withdrawal of your funds by removing your liquidity.
Please note that when adding liquidity you will need to have sufficient amount of each token. Let’s say you want to add the following liquidity: 1 BNB / 108 BUSD. If you have less than 108 BUSD or less than 1 BNB, you will not be able to proceed. You need to have sufficient amount of each token.
Keep in mind that providing liquidity is a subject to impermanent loss and it may carry certain risks. Make sure you are aware of all the pros and cons of providing liquidity before taking any actions. You can learn more about impermanent loss by clicking here
Listing a Token on TheChampionsDefi
How to List Your Token ?
If you are ready to list your token for the first time and introduce it to great trades — listing on our platform is the right decision for such a prospective implementation!
How To List Your Token On ChampionsDefi?
There are two main ways of adding tokens to the platform:
- Token Listing by Adding Liquidity to the Pool
- Approved Token Listing on ChampionsDefi Farms & Launchpools — Champions Business Partnership
Depending on your needs you can choose the way that suits you best.
Tokenomics
BSC
- Ticker Symbol: CHAMPIONS
- Chain: Binance Smart Chain (BEP-20)
- Max Supply: NA
- Start of Supply: from 1 000 000 CHAMPIONS tokens (allocated for fair launch and burn)
- Contract Address: 0x58eB0f12e2E59dd4D2dD2447691a5441007ab694
Distribution of Tokens
Emission rate will be 10 per block :
- Team: 10% per block (50 % redistributed to holders manually each matchday)
Polygon
- Ticker Symbol: CHAMPIONS
- Chain: Polygon
- Max Supply: NA
- Start of Supply: from 150 000 CHAMPIONS tokens (allocated for fair launch)
- Contract Address: 0xf9d75aeee0bdf9b052884491c9000da524b16ed
Distribution of Tokens
Emission rate will be 10 per block :
- Team: 10% per block (50 % redistributed to holders manually each matchday)
Emission Rate mechanism
IMPORTANT : Emission rate mechanism will work with Liquidity, Holders and Token Price.
For instance, if the token price is low and Liquidity also, we will reduce emission rate to avoid dump. On the contrary we will increase it to rewards more.
Roadmap
14/09/2021 : FairLaunch on both Network
14/09/2021 : Farm Launch will be done with 32 + 2 Pools and 16 + 2 Farms (Check Champions League fixture and Pools menu to see which token is associated to which team)
14/09/2021 : ONE LaunchPool, you can stake CHAMPIONS to earn Harmony ONE token.
17/09/2021 : NFT Launch, you can buy Big Players NFT's.
25/09/2021 : NFT MarketPlace, you can buy/sell your NFT linked with Football only.
15/11/2021 : Prediction Game. You will be able to bet on ChampionsLeague game and win Prizes. (Might be earlier ;) )
Each Matchday Farm List will change.
Beside it :
3 Mio TVL : Apply CMC, CG and other Listings (Exchange & Token)
5 Mio TVL : Certik Audit
10 Mio TVL : Football player sponsorship.
15 Mio TVL : TV ads, We will put our ad during ChampionsLeague games
50 Mio TVL : ChampionsLeague finale game will have our TV Spot during 30 sec.
Besit it :
Each Matchday we will give 5 Fifa22 game to Holders choosed randomly.
Beside it :
We will send Tickets to randomly choosed holders, they can watch the game LIVE.
Contact Information
- Website: https://thechampionsdefi.com/
- Documentation: https://docs.thechampionsdefi.com/
- Twitter: https://twitter.com/ChampionsDefi
- Telegram: https://t.me/ChampionsDefi
- Discord: https://discord.gg/tBPWsuYB/
- Medium: https://championsdefi.medium.com/
- Github: https://github.com/ChampionsDefi/
Author: dey90
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=731808
BSC Wallet: 0x5c582DE6968264f1865C63DD72f0904bE8e3dA4a