What Is Ellipse (ELLIPSE)?

Ellipse is a platform on Arc. It combines three products: a bridge that brings assets from other chains to Arc, a token launchpad, and a swap interface for the markets created there. ELLIPSE is the platform token.

How Does the Ellipse Bridge Work?

The bridge supports four assets. GLD and CRCL come from Robinhood Chain, while BTCB and USDT come from BNB Smart Chain. When a user deposits one of them, the original tokens stay locked in a custody vault on the origin chain and a claim token is minted on Arc: bGLD, bCRCL, bBTCB or bUSDT. A redemption burns the claim on Arc and releases the original asset.

How Does the Launchpad Work?

Anyone can create a token through the launchpad. Every launch has a fixed supply of 1,000,000,000 tokens, and the creator chooses the pair: one of the bridged assets or ELLIPSE. The creator does not provide the quote side of the pool. The full supply goes into a single liquidity position that starts at the opening price, and that liquidity cannot be withdrawn.

Trades pay a 1% fee. At launch the creator picks one of two splits, which cannot be changed later: 50% to the creator and 50% to the treasury, or 30% to the creator, 30% to the treasury and 40% to token holders. The current launchpad version runs on Uniswap v4 with a hook that charges a higher fee during the first eight blocks after a launch, starting at 95% and stepping down to 1%, to reduce sniping.

What Is ELLIPSE Used For?

ELLIPSE was itself launched through the platform's launchpad, paired with bCRCL in a Uniswap v3 pool whose liquidity position is locked. Holder rewards are enabled for the token. On later launchpad versions ELLIPSE also serves as a quote asset, so new tokens can be launched and traded against it.

Ang pinakamahusay ELLIPSE dapat balansehin ng wallet ang parehong seguridad at kadalian ng paggamit.

May a ELLIPSE wallet, hindi ka lamang ligtas na mag-imbak at mamahala (token name), ngunit malayang magsagawa ng mga cross-chain na transaksyon, lumahok sa mga protocol ng DeFi, at makipag-ugnayan sa DApps.

ELLIPSE wallet ay nagbibigay ng real-time na pagsubaybay sa transaksyon, open-source at transparent na mekanismo ng seguridad, at isang maayos na karanasan sa ELLIPSE network, na nagbibigay sa iyo ng kumpletong kontrol sa iyong mga crypto asset.

1. Mag-download ng wallet: Bisitahin ang opisyal na website ng OneKey at i-download ang OneKey App para sa macOS, Windows, iOS, o Android.

2. Gumawa ng wallet: Buksan ang App, piliin ang "Gumawa ng Bagong Wallet" o "Ikonekta ang Hardware Wallet".

3. Backup wallet: Ligtas na isulat ang parirala sa pagbawi at iimbak ito offline. Hindi namin kailanman ina-upload o sine-save ang iyong parirala sa pagbawi.

4. Deposito ELLIPSE: Kopyahin ang wallet address at ilipat ELLIPSE mula sa isang palitan o ibang pitaka.

Binubuo at iniimbak offline ang lahat ng pribadong key sa device, na nagbibigay sa iyo ng kumpletong kontrol sa iyong mga asset.

1. Ipadala ELLIPSE: Ipasok ang ELLIPSE address at halaga, pagkatapos ay kumpirmahin ang lagda sa App. Ang transaksyon ay mai-broadcast sa blockchain kaagad pagkatapos makumpleto.

2. Tumanggap ELLIPSE: I-click ang "Receive" para makuha ang wallet address, ibahagi ito sa nagpadala, at makikita mo ang balanse sa real-time sa App pagkatapos matanggap ang mga token.

3. Pamahalaan ang mga asset: Subaybayan ang kasaysayan ng transaksyon, i-access ang mga DeFi protocol, o magsagawa ng mga cross-chain na operasyon sa ELLIPSE wallet, lahat sa isang App.