Welcome to Ellipsis Finance
The EPX Token
Migrating EPS to EPX
Understanding Ellipsis Pools
Base, Meta and Factory Pools
Depositing into a Base Pool
Depositing into a Metapool
Staking for EPX rewards
Projects and Protocols
Why Would a Project Use Ellipsis?
Creating a Pool for your Project
What is APR and vAPR?
Using the Multichain Permissionless Bridge
EPX holders can lock their EPX to receive vlEPX. The longer you lock EPX, the more vlEPX you'll receive. vlEPX allows users on Ellipsis 2.0 to:
Vote on incentive distribution between pools;
Receive platform fees;
Boosting EPX rewards;
And nominate new pools for a vote towards receiving EPX rewards.
Some things to note:
Users can have multiple locks per account.
have to vote. Lockers can claim platform fees even if they do not vote.
Ellipsis 2.0 works in a week long epoch, starting at 00:00 Thursday, UTC, every week. This means that every week your lock declines by one week and voting starts anew.
Locker rewards are paid out from the previous week's fees. Every Thursday a new balance of fees streams out to users who were locked during that previous week.
Locks can last from 1 to 52 weeks; longer locks mean more vote weight and a higher share of fees.
Lock EPX to receive vlEPX
Important things to know about locks:
Locks that are less than 52 weeks can be extended to the 52-week maximum.
Expired EPX locks must be claimed before you can withdraw your EPX. Released EPX is then streamed out over a period of 7 days. During those 7 days released EPX can be claimed at any time.
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