Ellipsis Finance (EPS)
Basics
- From the announcement (24-3-2021):
"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
- From the announcement (24-3-2021):
"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
- No Ellipsis Finance Bug Bounty program was found (2-8-2021).
- Scored a 60% on DeFi Safety (2-8-2021):
"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
- From DeFi Safety (2-8-2021):
"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).
- From the announcement (24-3-2021):
"Total Supply: 1,000,000,000 EPS
- 25% veCRV — Airdropped weekly over a year
- 55% LP Rewards
- 20% team — vested for one year"
Utility
- From the announcement (24-3-2021):
"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.
