Lets do a quick breakdown on some parts of Ellipsis 2.0 🏊‍♂️ Ellipsis has pools that contain coins that are used for swapping. The more liquidity in those pools, the better prices people can get when they swap. So protocols really want more liquidity in their pools. So how do platforms get more liquidity in their pools? Incentives. Incentives come in the form of fees from swaps, and rewards. 👉 Ellipsis 1.0 spreads EPS rewards evenly around the pools. Ellipsis 2.0 lets EPX lockers vote for the pool they would like to get the rewards. So pool providers (teams who want deep liquidity in their pools) need to lock EPX in order to direct EPX rewards to those pools. If 1M tokens are locked and the votes are even across 4 pools, someone can lock some more EPX and tilt the favor to the pool they choose. Voters will decide how the weekly allocation of EPX splits between the pools. 👉 Not all pools are elegible for rewards. In order for a pool to be elegible for rewards, someone with enough vote power must elect the pool to be voted on, and the vote must pass. Then the pool will be able to participate in the votes described above. 👉 Liquidity providers can get a larger share of the EPX rewards in a given pool *if* they have locked EPX. More locked = more share of the rewards. This is called boost. 👉 Lastly, EPX lockers receive the 50% fees that EPS stakers currently get. That is a basic overview of how the system works. We will have more to come in the documentation, which will be released next week.