AUTO, Ellipsis Listed on Binance [Binance Smart Chain]
The latest hottest projects on Binance Smart Chain, Ellipsis (Curve Fork)'s EPS and Autofarm Project's AUTO, will be listed in the Innovation Zone today at 18:00 KST. Tradeable pairs are EPS/BTC, EPS/BUSD, EPS/USDT, AUTO/BTC, aUTO/BUSD, AUTO/USDT. You can transfer EPS and AUTO from your wallet through Binance deposit and withdrawal.
What is Ellips?
Ellipsys is a decentralized protocol that allows seamless inter-trade and is maintained through a Virtual Automatic Market Maker (vAMM). If you use Ellipsys, you can trade without a counterparty, and EPS is the platform's main utility token used for staking and governance.
What is AUTO?
Otto is the governance and utility token of Yield Farming Aggregator used in the BSC chain. Autofarm is designed to automatically optimize the profits of DeFi projects.
Reminder
The Innovation Zone is designed to be able to trade new and innovative tokens. In other words, it is highly volatile and relatively high-risk. Before trading in the Innovation Zone, all users should carefully read the Binance Terms of Use on the trading page.
Personal thoughts
Auto Farm's Auto has been in the market for about two months and has been stably maintaining TVL. In addition, since BP of BP Pharm was already listed in the Innovation Zone, many people expected Auto to list on Binance and considered it a natural step, but Ellipsis' EPS listing was decided only about a week after the project was launched. . I think this decision came very fresh. Ethereum's successful project, Curve, is currently ranked 104th with a market capitalization of $8.5 billion. On the other hand, Ellipsis, which forked the curve, is currently ranked at 241th with a market cap of $2.1 billion. With this listing, I am looking forward to seeing if I will beat my father's curve in a short period of time. I think that the second quarter will be the inflection point when successful projects, not just Ellipsis and Autofarm, continue to emerge from BSC. It remains to be seen if Binance will break everyone's expectations and really emerge as an Ethereum killer.