Ellipsis is a decentralized exchange on the Binance Smart Chain, offering low slippage and fees for trading stablecoins.
Ellipsis is a fork project authorized by Curve. veCRV holders will receive a 25% token airdrop, distributed weekly over the course of one year.

EPX is Ellipsis’s BEP-20 native functional token, used for the following purposes:
Liquidity Provider Rewards: Users can earn EPX tokens as rewards by depositing LP tokens into the reward contract. The earned EPX allows users to claim a portion of the platform’s trading fees, which vest over three months. Additionally, users can withdraw their EPX before the lock-up ends but will incur a 50% early withdrawal penalty.
Staking Rewards: Users can stake EPX tokens to earn rewards. The staking pool earns from trading fees and the EPX holders who withdraw early from the rewards pool. There is no mandatory lock-up period for the staking pool.
Trading Fees: Once users hold EPX in the fee distribution contract, they start earning a portion of the trading fees generated by the protocol. Trading fees are evenly split between liquidity providers and EPX holders (50/50).
Airdrop Rewards: Ellipsis will airdrop 25% of the total EPX supply (250 million tokens) based on the veCRV holdings of Curve DAO users.

The Ellipsis (EPX) token was swapped and incremented from the Ellipsis (EPS) token at a ratio of 1 EPS = 88 EPX.