Difference between revisions of "Ellipsis Finance (EPS)"

From CryptoWiki

wiki_crypto>Zeb.dyor
 
m (1 revision imported)
 
(No difference)

Latest revision as of 08:52, 23 January 2022

Basics

"Ellipsis.finance is an exchange for stable coins on the Binance Smart Chain (BSC). It allows for stable coins swap with very low slippage and minimal fees."

History

"Ellipsis is an authorised fork of Curve Finance. As a result of this agreement, veCRV holders will receive 25% of the supply over the next 12 months. Curve Finance will provide support to the Ellipsis team. We have committed to Curve core values of which are :

a. no deposit or withdrawal fees,

b. no lock ups on liquidity, and

c. extremely efficient stable coin swaps."

Audits & Exploits

"Hacken published a Ellipsis Finance audit report on April 1st 2021.

Note 1: Ellipsis was launched in March 2021.

Note 2: Most fix recommendations were implemented by the devs."

With the comment: " Excellent documentation, Weak testing, and well-documented access controls and team transparency. Definitely an impressive example of transparency on the Binance Smart Chain."

Bugs/Exploits

Governance

Admin Keys

"a) All contracts are clearly labelled as upgradeable (or not) -- 30% AND

b) Multisig function and info is clearly detailed.

No Pause Control or similar function was found in their documentation."

DAO

Treasury

Token

Launch

Token Allocation

  • Intends to distribute 25% of its supply to veCRV holders over the next year, Yearn is one of the largest beneficiaries (around $75M at current EPS price).

"Total Supply: 1,000,000,000 EPS

  1. 25% veCRV — Airdropped weekly over a year
  2. 55% LP Rewards
  3. 20% team — vested for one year"

Utility

"The Ellipsis token (EPS) is a revenue earning token. EPS stakers can earn fees from the Ellipsis protocol. Fees will be equally split between EPS stakers and liquidity providers (50%/50%)."

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper can be found [insert here].
  • Code can be viewed [insert here].

Implementations

Transaction Details

How it works

Fees

Upgrades

Mining

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31