Understanding Ellipsis

Learn the basics of Ellipsis

Ellipsis Finance is an authorized fork of Curve Finance; the two projects have much in common, however there are some differences.

Ellipsis is an automated market maker (AMM) or exchange that allows users and other decentralized protocols to trade between different stablecoins with very low slippage compared to other AMM solutions.

Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed.

Similar to Uniswap or PancakeSwap, Ellipsis uses liquidity pools for their markets and offers rewards to those who supply liquidity, also known as liquidity providers. A small fee is charged for every trade on Ellipsis.finance, and a portion of this fee is split evenly between all liquidity providers.

Trading fees are split evenly (50/50) between liquidity providers and EPS stakers.

Trading Fees

Ellipsis trading fees are 0.04%. 50% of the trading fees are distributed to liquidity providers in the pools where the trades happen. The other 50% is distributed to EPS stakers.