💟 Market Health (October-18) Money flow is continuing to push into Bitcoin to help it rise back to the top of $65000 so the money push into Altcoins will be quite slow, but the buying power of Altcoins is still very interesting because it is still pushed in even when Altcoins are falling. This shows that the accumulation of Altcoins at the moment is taking place and Altcoins can completely increase in the near future.
💟 Market Health (October-17) The buying power has decreased because the cash flow at the end of the week is usually very weak, so we may have a slight correction, this does not affect the uptrend of Altcoins.
💟 Market Health (October-16) The buying force is continuously pouring into Altcoins these days and they are having a big chance to increase sharply in the near future so let's keep accumulating Altcoins.
💟 Market Health (October-15) After a wave of good news about the DeFi, NFT and Fan token markets, buying power has returned to the market now. The current money is flowing strongly into the platform coins and this will help the market to stand stable in the near term. Let's keep accumulating coins and waiting for their pump
EPS has broken out of the $0.7 zone and is moving towards the $1 and $1.3 zones this August. But if it loses the $0.7 zone, it will fall back to the $0.50 zone
📈RED PLAN 🔴Buy : 0.68-0.72$. SL if B
📉BLUE PLAN 🔴Sell : 0.975-1.025$. SL if A
🔴Sell : 1.27-1.33$. SL if A
🟣PURPLE PLAN 🔵Sell : 0.68-0.72$ if B. SL if A
🔵Buy : 0.488-0.512$. SL if B
❓Details 🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
EPS is Ellipsis' BEP-20 native utility token and is used in the following functions:
Liquidity Provider Rewards: Users can earn EPS tokens as rewards when they deposit LP tokens into the rewards contract. Rewarded EPS allows users a claim on the platform’s trading fees and is vested over 3 months. Alternatively, users can claim their EPS before the end of their lock-up but with a 50% early exit penalty.
Staking Rewards: Users can earn rewards by staking EPS tokens. The staking pool receives trading fees as well as the EPS penalty revenue from EPS holders who exit the reward pool early. The staking pool has no mandatory lock-up.
Trading Fees: Once users have a balance of EPS within the fee distribution contract, they will begin receiving a portion of the trading fees generated by the protocol. Trading fees are split evenly (50/50) between liquidity providers and EPS stakers.
Airdrop Rewards: Ellipsis will be airdropping 25% of the total supply of EPS (250 million tokens) to members of the Curve DAO based on their veCRV balances.
The protocol initially supports swaps between BUSD, USDC and USDT. More pairs will be considered in the near future.
More details of the EPS token allocation can be found here.
As at April 2nd 2021, the total supply of EPS is 1,000,000,000 and the current circulating supply is ~2.38%.