Ellipsis Finance is an authorised fork from Curve Finance. Curve Finance is an exchange liquidity pool that enables efficient stablecoins trading with low risk. Ellipsis Finance however, is an Automated Market Maker or exchange that enables users and other decentralised protocol to trade between different stablecoins with very low slippage. Ellipsis uses liquidity pools for the markets and offer rewards for liquidity providers. This rewards comes from fees charged for every transaction across Ellipsis Finance.
EPS token is the native token in Ellipsis Finance. Its main utility is as staking reward for liquidity providers and EPS stakers. This reward comes from the trading fees imposed on Ellipsis Finance exchanges and swaps. A portion of EPS is distributed to veCRV holders through airdrop. EPS is a BEP20 token with a maximum supply of 1 billion tokens.