Elephant Money: A Game Changer for yield in DeFi for Passive Income

What is Elephant Money?

Sustainability of the platform

Stampede Flow breakdown

  1. Trunk is deposited into Stampede.
  2. 50% of the bonded amount is sent to Pancakeswap as liquidity, 50% of the bonded amount is sent to the Elephant Treasury.
  3. .56% of the total bonded amount is paid out every day from the Elephant Treasury
  4. Roll or Claim your rewards.

My Experience

Elephant token
Stampede bond

Getting Started in Stampede

  1. go to https://elephant.money/trunk.html with some BUSD in your wallet
  2. Input BUSD amount in this box, and make sure to click that slide button to approve the minting functionality for a few cents worth of gas.

Conclusion

Please remember this article does not contain financial advice, it is for educational and entertainment purposes only. I am not a financial advisor. Anything you do you are doing at your own risk. Always do your own research.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
nscript

nscript

183 Followers

Writing about my experiences, and things I believe in.