Ellipsis.finance is an exchange for stablecoins on the Binance Smart Chain. Ellipsis allows stablecoin transactions with minimal fees. Ellipsis (EPS) is the native token on the platform that provides value for LPs and token holders. Detailed information about what is Ellipsis coin EPS how does it work, where to buy it, how much is the price, etc. is in the continuation of the content. You can browse here for information about Tribe coin.
What is Ellipsis coin (EPS) and how does it work?
Ellipsis Finance was officially launched in March 2021 and works as an authorized fork of Curve Finance. Therefore, those who are familiar with Curve Finance can more easily understand the functionality of Ellipsis Finance. As a result of this agreement, veCRV holders will receive 25% of the airdropped token supply in the future, subject to a set of conditions.
Ellipsis (EPS) is the native token on the platform that provides value for LPs and token holders. EPS is a Revenue Earning token, where token stakers will be charged from the Ellipsis protocol. Also, fees are split equally between EPS stakers and Liquidity Providers Prize Pool and Stake Pool.
Ellipsis is an automated market maker (AMM) that allows users to exchange between different stablecoins with very low slippage. To achieve this, the platform needs liquidity. expressing what they heard. When you deposit stablecoins on Ellipsis, you become a “liquidity provider” (LP) and receive “LP tokens” that represent partial ownership of stablecoins within the protocol.
How to buy Ellipsis (EPS) coin and how much does it cost?
EPS coin can be purchased from listed cryptocurrency exchanges. But it is necessary to make sure that the exchange is “reliable”. As of August 29, 2021, the price of 1 EPS is around $1.12.
Caution: The information contained in this content is for informational purposes only. It is not investment advice.
For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency
