This video is a quick tutorial that covers everything you need to know about the Farmers' Depot on elephant.money
The Farmers' Depot is the best way for any participant, large and small, to invest into TRUNK to support the ecosystem at large and also experience the following benefits:
- 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
50,000 197,077 200,000 1.48%
100,000 388,479 400,000 2.97%
250,000 930,979 1,000,000 7.41%
500,000 1,741,741 2,000,000 14.83%
1,000,000 3,085,106 4,000,000 29.66%
This video was created by SK CryptoK, please thank him by supporting his socials here: [ Ссылка ]
Feel free to partner under his HERD Address: 0x058C08A7E90572dA987EF5fEFA9eb1510A70c6cc
The Elephant Money Farms will serve as the catalyst to raise TRUNK price and attract deep pocketed participants based on the increasing TVL for the protocol. There are 12 farms at launch to stake alongside TRUNK: BUSD, USDC, USDT, DAI, BTCB, ETH, WBNB, CAKE, DOGE, XRP, MATIC, ADA.
Prepare to bridge funds over to earn the highest yield on this trustless, lossless, and taxless protocol. To bridge funds, try Hyphen: [ Ссылка ]
The innovative lossless dual-staking model makes typical farms seem obsolete since coin-count-in equates to coin-count-out in this trustless farm that only the participant can access. There is no custodial access or re-appropriating of funds.
Trustless and lossless is the new DeFi standard and the Elephant Money Farms will be the leading example of such.
Medium article: [ Ссылка ]
Elephant token will inevitably supply shock as Bertha grows, focus on what's winning. Elephant token consistently has more buys than sells despite market conditions and will supply shock again. Peanuts offers a 25% raffle bonus towards Max Depositor and gives you TRUNK at the Pancake Swap's (PCS) price. There are several ways to enter the raffle now: Rolling Stampede, Buy with Bertha, Minting, and now bonding cheap PCS Trunk
Elephant Money:
Telegram: [ Ссылка ]
Discord: [ Ссылка ]
All Links: [ Ссылка ]
Website: [ Ссылка ]
InsureAce Protocol is a multi-chain insurance platform that provides their services to worthy platforms such as Elephant Money. Consider buying insurance for a 3% premium to protect your investment from protocol hacks: [ Ссылка ]
Please do your own research and take my information with a grain of salt. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#ElephantMoney #ElephantMoneyFarms #TRUNK
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