What is Ellipsis (EPS)? Stablecoin on Multi-Chain

Bittime - Ellipsis (EPS) presents an innovative solution for users who want to transact with stablecoins on various blockchains. The platform offers an easy and efficient way to exchange stablecoins with low slippage and minimal fees.

What is Ellipsis (EPS)?

Ellipsis is a decentralized stablecoin exchange that allows users to exchange stablecoins easily and efficiently across multiple blockchains. This platform uses a bonding curve algorithm to keep stablecoin prices stable, and offers various interesting features for its users.

Ellipsis (EPS) Key Products and Features

1. Stablecoin Exchange: Ellipsis' main platform allows users to exchange stablecoins with low slippage and minimal fees.
2. Liquidity Pools: Ellipsis offers liquidity pools for various stablecoins, allowing users to become liquidity providers and earn passive income.
3. Ellipsis AMM: Ellipsis AMM (Automated Market Maker) allows users to exchange stablecoins in a decentralized and permissionless manner.
4. Yield Farming: Ellipsis offers a yield farming program that allows users to earn additional income by staking EPS tokens and stablecoins.

What are EPS Tokens?

The EPS token is Ellipsis' native governance token that has several important functions:

1. Voting: EPS token holders can use their tokens to vote on governance proposals related to the Ellipsis platform.
2. Staking: EPS token holders can stake their tokens to earn passive income.
3. Fees: EPS tokens can be used to pay fees on the Ellipsis platform.

Also Read: What is Staking?

Tokenomics Token EPS 

• Maximum Supply: 100 million EPS
• Circulating Supply: 35 million EPS
• Distribution:
  • 40% - Public sale
  • 30% - Team and advisors
  • 20% - Ecosystem and development
  • 10% - Liquidity

Analisis Fundamental Ellipsis

Ellipsis fundamental analysis (EPS) covers several key aspects that influence the value and growth potential of the project. Here are four aspects of fundamental analysis that are usually considered.

1. Technology: Ellipsis is built on the Binance Smart Chain and Polygon blockchain platforms, which offer high scalability and security.
2. Team: The Ellipsis team consists of experienced professionals in the fields of blockchain and finance.
3. Community: Ellipsis has a fast-growing community with over 100,000 members across various social media platforms.
4. Adoption: Ellipsis has been adopted by various leading cryptocurrency projects, such as Curve Finance and Aave.

Comparison of Ellipsis (EPS) and Competitors

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Conclusion

Ellipsis is a decentralized stablecoin exchange platform that offers an easy and efficient way to exchange stablecoins across various blockchains. The platform has many interesting features, an experienced team, and a fast-growing community. Ellipsis is a project worth considering for users who want to transact with stablecoins easily and efficiently.

How to Buy Crypto with Bittime

You can buy and sell QNT tokens in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. QNT is available on Bittime with pairing to IDR

To be able to buy tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, you can make QNT purchases in the application. More Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) , and other cryptos to find out today's crypto market trends in real-time on Bittime. 

Read Also:

What Are Crypto Wallets?

What is Cryptocurrency Mining?

What Is Bitcoin and How Does It Work

DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.