# Significant Transition In DeFi

By [htdeg](https://paragraph.com/@htdeg) · 2022-12-02

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[Ellipsis Finance](https://ellipsis.finance/) was established as an "authorized fork" from the Curve Finance protocol. This emerging project allows users to swap coins and [stablecoins](https://blockchainreporter.net/tag/stablecoins/) on the Binance Smart Chain, assuring end-to-end encryption with low slippage. Ellipsis network utilizes a pool system that works on a structure similar to PancakeSwap and Uniswap. Investors can stake tokens into these pools, which provide abundant [liquidity](https://blockchainreporter.net/glossary/liquidity/) for users in swapping their tokens.

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*Originally published on [htdeg](https://paragraph.com/@htdeg/significant-transition-in-defi)*