Champion Finance is a stablecoin protocol that features $VIC, a cross-chain elastic-algorithmic token pegged to $USDC, and provides several farming utilities.
$CHAM is one of the ways to measure the value of the Protocol and shareholder trust in its ability to maintain $VIC close to peg. During epoch expansions the protocol mints $VIC and distributes it proportionally to all $CHAM holders who have staked their tokens in the Boardroom (one of the staking module). $CHAM holders have voting rights (governance) on proposals to improve the protocol and future use cases within the Champion finance ecosystem.