1 eps = 88 epx? What was the reason for relative

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Ellipsis Finance Community Chat

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1 eps = 88 epx? What was the reason for relative

total supply will increase?
provide a link to proposal.

#cryptocurrency #ellipsis #english

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08.04.2022

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René

1 eps = 88 epx

0

08.04.2022

René · Accepted Answer

📍New Supply Benefits 1. The longer duration, allows Ellipsis to provide incentives for a longer period of time. 2. The new supply (in EPS terms) versus the current supply (in EPS terms) won't come into effect for another 3.5 years (Aug 2025) when the original 1,000,000,000 (1B) EPS tokens is reached, plenty of time for lots of things to happen. 3. Having incentives for a longer period of time means projects will know that accumulating EPX for vote weight in order to steer emissions is something they know will be "worth it" for more than 5 years, in fact it will be for decades.

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1 eps = 88 epx? What was the reason for relative

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