Ellipsis Finance is a blockchain project created by forking from Curve, the Ethereum network’s largest automated market maker (AMM) protocol.
What is Ellipsis Finance?
Ellipsis Finance is a blockchain project created by forking from Curve, the Ethereum network’s largest automated market maker (AMM) protocol. Ellipsis Finance was founded in 2021 by Curve Finance founders Michael Egorov and Jeff Majtyka.
Ellipsis Finance is a swap platform for stablecoins operating on the Binance Smart Chain blockchain. Those familiar with Curve Finance can more easily understand the functionality of Ellipsis Finance. Thanks to Curve Finance, the Elipsis Finance platform offers its users the advantage of making free transactions. Also, the scalability of the Ellipsis platform is quite high. Even cross-border cryptocurrency transfers happen within minutes.
Users can perform transactions such as withdrawal, deposit and staking completely free of charge through Ellipsis Finance. Ellipsis Finance is an automated market maker that allows users to exchange between different stablecoins with very low slippage. For example, when a stablecoin is deposited on Ellipsis, it becomes a “liquidity provider” and receives LP tokens.
The protocol currently supports swap pairs for BUSD, USDC and USDT. However, it has been stated that more trading pairs will be included in the platform in the future.
What is EPS Coin?
The native cryptocurrency of the Ellipsis Finance platform is EPS Coin. The platform’s token was created with the BEP-20 smart contract. The team behind EPS Coin has capped its maximum supply to 1 billion units. EPS Coin is used for various exchange and DeFi transactions within the network.
The most important use case of EPS coin is staking. EPS holders can earn passive income by staking their assets in the platform’s staking pool or liquidity reward pool. Staking means that an asset is locked into smart contracts with a certain maturity. Users who lock their assets with this method can earn additional token rewards at maturity.
In Ellipsis, token rewards are given as stable coins. In addition, EPS holders can access the platform that serves as a stable coin exchange and trade these coins for free. EPS Coin offers many advantages to its users. EPS coin holders do not pay transaction fees for transactions they perform on the platform.
Where and How to Buy EPS Coins?
EPS Coin is a revenue earning token where token stakers will be charged by the Ellipsis protocol. It is listed on many exchanges. Investors who want to buy EPS Coins can perform their transactions from any exchange they prefer. Platforms where EPS Coins can be purchased; Examples are Binance, KuCoin, Gate.io, MEXC, Crypto.com, PancakeSwap, ApeSwap, Coin98 Exchange.
In order to purchase EPS Coins, which can be traded on many platforms, you must first become a member of a preferred platform. After the membership and account creation, authentication processes are performed. After the account transactions are completed, EPS Coins can be easily purchased and used in transactions on the trading page. Purchased EPS Coins can be safely stored in preferred wallets, if desired.
Ellipsis Finance (EPS) Price
At the moment 1 ellipsis 0.756524 TLTL It is traded from. Moreover 1 ellipsis 0.040664 $is dollars.
Ellipsis price in the last 24 hours 28.80%with change now 0.756524 TLTLIt is traded from.
Ellipsis volume in the last 24 hours 14,404 $dollarand if the market value of the cryptocurrency is 28,568,447 $dollaris.
