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What is Elephant.Money Trunk?

ELEPHANT.MONEY Trunk is STABLE and the future-proof way to compound profits made across your portfolio. Lock in your gains. Use the Reserve to mint Elephant Money Stable (TRUNK). A low processing fee of just 1% is charged on minting and redemption of TRUNK. TRUNK is partially collateralized at a fixed 75% BUSD and 25% ELEPHANT. Both collateral assets are securely stored in treasuries. The 1% minting processing fee is also used to 100% back TRUNK with BUSD in a Pancake LP.

Reward credits are generated on minting and redemption at a rate of 11% and 4% on mint/redemption volume respectively. These credits are distributed to the TRUNK staking pool (8% mint/ 2% redeem), v2 asset pools (2% mint/ 1% redeem), and the performance pool (1% mint/redeem). All pools release funds at 1% a day of their credit balance.

The Elephant Treasury and use cases built around it acts as a large/active market participant. This differentiates it from the passive Elephant Graveyard which also protects the price of ELEPHANT. The Elephant Treasury also receives passive reflection rewards which ensures a collateralization ratio above 1 which is required to fully redeem Elephant at 25% on the dollar along with 75% BUSD, guaranteed.

What tokens does Trunk Support currently?

ELEPHANT.MONEY: Trunk Currently supports the Elephant Money Token and the BSC:BUSD token for liquidity on Pancakeswap. This is what keeps the Trunk Token Stable at 1 Usd. Similar to USDJ, USDT, TUSD and USDC and other Stable Coins in the Crypto Meta Verse.

How do I setup a Binance Smart Chain Account? Click Here

The following BSC Guide will show you how to get started follow the directions if you need help you can email me @ Teammason00g@gmail.com or join my crypto community discord: https://bit.ly/37uymo0

Where can I purchase Trunk Tokens? Click Here

Trunk Tokens can by purchased on the main Elephant.Money website under Trunk Menu. BSC: BUSD is used to Mint the Elephant Token with a 1% fee. Trunk is designed to be a USD Stable Token which is backed 75% by BSC: BUSD and 25% by Elephant Token for a total of 100%.

When you Redeem your Trunk you will be a charged 1% fee and you will received 75% BUSD and 25% Elephant in return.

The elephant you can choose to hold and let it continue to build via dividends or you can sell it at Market Value including the 10% fee out on pancake.

You can also choose to purchase or sell Trunk Directly on Pancake if you choose to do so for BUSD less any applicable fees or charges at that time.

Below is the Trunk Token Contract Address in case you want to purchase directly on Pancake Swap.
0xdd325C38b12903B727D16961e61333f4871A70E0

Elephant.Money: Trunk is from the creator of Bankroll Network the community knows him as Bankteller or BT for short, one of the longest running Blockchain Dapp Suites on the Tron Network since 2019 and famous for Dapps like Flow, Credits v1, Credits v2, Banker/x Tokens, Boost, VLT Token and Life on Ether Network as well as various other Stack Contracts and many more.

Elephant.Money is an Annex of Bankroll Network on (Tron) and continues the spirit of innovation on the Binance Smart Chain Network!

The benefits of being part of Elephant.Money: Trunk can be life changing when you own the Elephant Money and Trunk Tokens combined. To learn more about Elephant Token please view that section.

Elephant Trunk Token allows you to lock in your gains from all your crypto portfolios into a safe and stable dapp that will pay you interest in a USD Stable Trunk Token which can be redeemed for BUSD (75%) and Elephant (25%). No more worrying about the token price falling or your income dropping because of the price swings especially during a bear market. Elephant Trunk is yet again another masterpiece from Banker Teller! HODL Strong Family and see you at the top!

Disclaimer:

Always do your own research when playing Dapps crypto00g.com and Mason00g are not held responsible for your choices and the end results of any Dapp (Decentralized Application) do your own research and this is not Financial Advice.

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