What is elephant money?

It is a permissionless system for economic inclusion and helps its community accumulate wealth through active and passive cash flows. ELEPHANT.MONEY implements a voluntary, sustainable, and permissionless global economic engine on top of a collection of blue chip assets, a core rewards token (ELEPHANT), and a stable coin (TRUNK).

Why is elephant money rising?

Elephant Money is designed for a steady rise, and while recompounding brings the resulting quantity to 6x versus the 36x that DRIP promises, price matters too. The Elephant price is predictably rising because of the tokenomics regarding the hybrid TRUNK stablecoin composed of 25% Elephant and 75% BUSD.

What is the difference between drip and elephant money?

DRIP uses a single token for DRIP, while Elephant money uses 2: Elephant, and Trunk (a stablecoin hybrid). Elephant’s Stampede has a 205% return limit that effectively becomes infinite as long as you keep compounding. DRIP has a 100k DRIP limit, that effectively becomes unlimited as long as you start a new wallet.

What is the elephant token?

Because Trunk, the hybrid stablecoin of the Elephant system is composed only 75% of BUSD, with the other 25% composed of, you guessed it: Elephant. As adoption grows towards Trunk Staking, and even more getting driven into the Stampede Bonds, the Elephant Token that is 25% of Trunk rises and rises.