Getting Started With Elephant Money — Step-by-Step Guide (Video)

I’ve been investing in Elephant Money since December 2021 and I love it! 205% APR (672% APY) on an almost stablecoin! Getting started can be a bit confusing which is why I made this step-by-guide video. I hope you find it helpful!

Quick Summary

There are 3 elements to Elephant Money:

1. ELEPHANT Token
   it’s a “reflection” token which means simply holding it in your wallet earns you more of it. Niiiiice! The token price could appreciate significantly and probably will (in my opinion).
2. TRUNK Token Staking
   Mint your own TRUNK tokens from BUSD and then stake them to earn 70% APR. Interest is paid daily and you can compound it to increase the APR. Think of this kinda like a savings account (a high-interest one!) You can withdraw your stake any time for a guaranteed minimum of 75% in BUSD and the rest in Elephant tokens. Very niiiice!
3. TRUNK token bonding
   When you bond your TRUNK tokens you can no longer withdraw them — all you can withdraw is the interest (kinda like Drip) or you can “roll” the daily ROI to increase the APR significantly, to 672% APY. Think of this as the “retirement fund” element of Elephant.

Alright, without further ado, here’s the video I made to help you get started…

If you decide to bond some TRUNK into Stampede and you want a partner (you will earn 0.5% on your deposits and “rolls” and so will I) I’d love it if you would use my partner address:

0xAcc646e707003383CC4077e37D67a9BC2cf32D0A

you put it in this box, like this:

If you want to connect with me to discuss Elephant Money you can find me on Telegram:

Flemming Arnott

I’d love to hear from you! 😃👍

Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits, or losses you may incur as a result of this information. The article may contain affiliate links. ALWAYS DO YOUR OWN RESEARCH!