+25% EPS Passive Income for veCRV Holders with Ellipsis Finance Brand New BSC (Binance Smart Chain) Fork of Curve

in LeoFinance3 years ago

Ellipsis Finance, an authorised fork of the Curve codebase, is live on BSC (Binance Smart Chain).

Ellipsis.finance is an exchange for stable coins on the Binance Smart Chain:

  • Allows for stable coins swap with very low slippage and minimal fees
  • EPS is a Revenue Earning token where token stakers will earn fees from the Ellipsis protocol
In the spirit of collaboration with Curve Finance, and to allow Curve DAO members to receive a portion of trade fees generated by Ellipsis, EPS will be distributed to veCRV holders through a series of airdrops. In total, 25% of the EPS total supply has been allocated for airdrop. Each week a snapshot of current veCRV balances will be taken, and used to generate a merkle root for distribution. The first distribution is expected to occur within days of the launch of the Ellipsis protocol.

Links:

Ellipsis Finance web site

Curve Finance web site

How to earn EPS and trading fees within the Ellipsis Protocol

Posted Using [LeoFinance Beta](https://leofinance.io/@bluehead/25-eps-passive-income-for-vecrv-holders-with-ellipsis-finance-brand-new-bsc-binance-smart-chain-fork-of-curve)