Ellipsis is an automated market maker (AMM), allowing users and other decentralized protocols to trade between different stablecoins. AMM is a tool utilized to supply liquidity (token pool) in decentralized finance (DeFi) without the intervention of a third party to set the price of an asset. Forked out of Curve Finance, Ellipsis aims to offer its services at a low slippage price compared to other AMM solutions. 

As stated in the whitepaper, the Curve Finance team is going to support Ellipsis, and Ellipsis is committed to following Curve Finance’s main values. 

The platform uses liquidity pools to provide liquidity to the users and rewards those who supply liquidity to Ellipsis, called liquidity providers. A small fee of 0.04 percent is charged on every trade on the platform. Half of this fee is split evenly between all liquidity providers as rewards. 

EPS is the native token of the platform. The token holders can stake their tokens by providing liquidity to earn staking rewards in LP tokens. These reward tokens can be withdrawn at any time or staked further to earn additional rewards. Also, Ellipsis is a non-custodial platform, and the developers do not have access to any of the users' tokens.  

Moreover, the Ellipsis smart contracts on the Binance Smart Chain employ a safe multi-sig mechanism. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. Alternatively, a multi-sig mechanism includes multiple company members to sign off any action or transaction on the platform. This way, no single entity can perform a malicious action within the protocol. Multi-sig membership on Ellipsis includes two Ellipsis founders, two members of Curve Finance, and one member of Yearn team.       

Ellipsis Finance was launched in March 2021. The codebase of Ellipsis was audited on April 02, 2021. The maximum supply of EPS tokens is one billion tokens.

We werken onze Ellipsis naar EUR valuta in realtime bij. Ontvang de actuele prijs van Ellipsis op Coinbase.

De huidige marktkapitalisatie van Ellipsis is € 8,816 mln.. Een hoge marktkapitalisatie houdt in dat het activum zeer gewaardeerd wordt door de markt.

Het hoogste punt ooit van Ellipsis is € 18,02. Dit hoogste punt ooit is de hoogste prijs die is betaald voor Ellipsis sinds de lancering.

In de afgelopen 24 uur was het handelsvolume van Ellipsis € 18,907.

Activa die een vergelijkbare marktkapitalisatie hebben als Ellipsis , zijn onder meer Surge, Avici, Realio Network en vele anderen. Voor een volledige lijst, zie onze vergelijkbare marktkapitalisatie-activa.

Het huidige circulerende aanbod van Ellipsis is 724 miljoen.