Ellipsis is a decentralized exchange on Binance Smart Chain that enables stablecoins to be traded with low slippage and fees.
Ellipsis is a fork project authorized by Curve. veCRV holders will receive an airdrop of 25% of their tokens, distributed weekly for a period of one year.

EPS is Ellipsis's BEP-20 native utility token for the following functions:
Liquidity Provider Rewards: Users can earn EPS tokens as rewards after depositing LP tokens into the reward contract. Rewarded EPS allows users to capture transaction fees on the platform and release after 3 months. In addition, users can withdraw their EPS before the end of the lock, but they will be charged a 50% early withdrawal penalty.
Mortgage Rewards: Users can earn rewards by staking EPS tokens. The staking pool earns income from transaction fees, as well as EPS holders who withdraw the reward pool early. There is no mandatory lockup period for staking pools.
Transaction Fees: Once users have EPS in the fee distribution contract, they will start to receive part of the transaction fees generated by the protocol. Transaction fees are split equally (50/50) between liquidity providers and EPS holders.
Airdrop Rewards: Ellipsis will airdrop 25% of the total EPS (250 million tokens) based on the number of veCRV holdings of Curve DAO users.