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Welcome to Elephant Money Farms
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TRUNK
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Elephant Money Farms are a zero fee / high yield / trustless savings and income portfolio system. Pair TRUNK with your favorite assets to farm TRUNK with zero impermanent loss. Withdraw your principal, risk free, at any time.
The Farmers' Depot is a permissionless / always on OTC desk for the TRUNK rewards coin. Farmers can buy unlimited TRUNK at the TWAP price or 0.25 BUSD, which ever is greater with zero slippage. Purchased TRUNK is paid out at 3.33% daily. In addition, the depot also offers 1% partner rewards.
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Txs
- Always on OTC Desk for TRUNK
- Use BUSD to buy TRUNK at the TWAP price
- Zero slippage
- Mint a 30 day discounted bond and recieve 3.33% of your purchased TRUNK per day
- Your position can be added to at any time
- Resistance to price manipulation and flash loans
- A price floor of 0.25 BUSD is maintained
- 10% of bond purchases are immediately used for price support on PCS
- 90% of funds are sent to the BUSD Treasury for use by governance contracts
- 1% referral rewards (paid out via Stampede)
Here is an example of the profitability of the Depot vs PCS with TRUNK at 0.25 BUSD:
| BUSD | PCS | Depot | % Gained |
|---|---|---|---|
| 50000 | 197077 | 200000 | 1.48% |
| 100000 | 388479 | 400000 | 2.97% |
| 250000 | 930979 | 1000000 | 7.41% |
| 500000 | 1741741 | 2000000 | 14.83% |
| 1000000 | 3085106 | 4000000 | 29.66% |
Farms
Open Source and Verified
Elephant Money Farms is 100% open source and is MIT licensed. In addition, our immutable Asset Vault is verfied on chain.
Secure and Audited
Elephant Money Farms has been fully audited and has passed 100% of all known security vulnerabilities in the SWC Registry.
Trustless and Self Sovereign
Not your keys, not your crypto... EMF takes this to the extreme with our trustless vault technology. Only your keys can deposit and withdraw directly to an immutable vault. Funds are stored dedicated asset silos owned and whitelisted only to the vault. There is zero administrative access to funds in the vault.
Lossless Liquidity Management
Elephant Money Farms implement lossless saver pools. Unlike traditional liquidity pools that can suffer from impermanent loss , our dual staking model ensures the coins you deposit are the coins you can withdraw. Furthermore even when the markets suffer a downturn your yield is calculated based on 2X your TRUNK position. You can earn even more long term by staking when TRUNK is below peg.
High Yield with Zero Fees / Taxes
Elephant Money's TRUNK rewards coin is battle tested through bull / bear market conditions and malicious side door exploits. TRUNK has never gone to zero and the system dynamically adjust yield generation based on the percentage to peg. Elephant Money Farms provide a simple way for the entire crypto community to lock in self soveriegn TVL that reduces circulating supply and boost yields. As always, the ELEPHANT Treasury is the payer of last resort for yield in the ecosystem.
Sleek and Responsive
ELEPHANT.MONEY is designed to work well on both desktop and mobile. A sleek dark theme keeps you in the zone, WINNING
A Bankteller Production
ELEPHANT.MONEY is open source and audited so you can sleep well at night. As always, built with love.
Ultimately you are interacting with no other party other than the blockchain itself and are 100% responsible for your transactions. Please do your own research before interacting with any contract or asset on the blockchain. The ELEPHANT.MONEY community is a decentralized autonomous organization and is never liable for losses that happen using this user interface or the ELEPHANT.MONEY protocol.
... © ELEPHANT.MONEY
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