By
Elephant Money Flow Charts
If you would like to join my herd or buy me a beer, my wallet address is:
0xA6815e12a791810cDC86EA6Cf8B7993808144dFA
Minting
Example
1
100 BUSD to mint
TRUNK
1
BUSD is used to mint TRUNK.
2
The BUSD used to mint TRUNK is broken up 3 ways.
1% goes to Pancakeswap to be added as liquidity, 25%
is converted to ELEPHANT and sent to the ELEPHANT
Treasury, and 74% is send as BUSD to the Cash
Treasury.
3
When BUSD is used to mint TRUNK a "reward credit" is
sent from the ELEPHANT Treasury to the Divident Pool
and the Performance Pool at a rate of 10% and 1%
respectively of the transactional volume.
4
TRUNK is receieved.
1% fee
BUSD
Pancake
Liquidity
2
1 BUSD sent to PCS (TRUNK/BUSD LP)
Dividend
Pool
10%
Mint
25 BUSD converted to ELEPHANT, sent to
Elephant Treasury
25%
74 BUSD sent to Cash Treasury
1 TRUNK purchased by the Elephant Treasury
and sent to the Performance Pool
Elephant
Treasury
Buys ELEPHANT
4
10 TRUNK are purchased by the Elephant
Treasury and sent to the Dividend Pool
3
1%
74%
Trunk
Performance
Pool
Cash
Treasury
99 Trunk received
Redeeming
1
Reach me on TG
@Into_Crypto
Example
TRUNK is redeemed.
When TRUNK is put into Elephant to be redeemed, the
software checks to see what the price of TRUNK is. If it
is above peg, you will receive your payment in 100%
BUSD. If it is below peg, you will still receive the same
amount of money, but 75% will be BUSD and 25% will
be ELEPHANT token. This mechanic is in play th help
keep the prie of trunk stable.
2
Whenever TRUNK is redeemed a "reward credit" is sent
from the ELEPHANT Treasury to the Dividend Pool and
the Performance Pool at a rate of 3% and 1% respectivly
of the transactional volume.
3
Once Elephant has decided how you will be payed, you
receive your payment from the Cash Treasury and the
Elephant Treasury. If TRUNK is above peg and you are
being paid out in 100% BUSD, the Elephant treasury
will sell ELEPHANT token for BUSD and pay you with
that. No money is taken out of the Cash Treasury if
TRUNK is above peg
4
100 Trunk to be
redeemed.
1% Fee is sent to the Dividend Pool
Is TRUNK ablove peg?
If yes, payment is 100% BUSD
If no, payment is 75% BUSD/25% ELEPHANT.
2
1
Trunk
Is TRUNK
above Peg
($0.990)
Redeem
3 TRUNK are purchased by the ET and sent to
the Dividend Pool.
Recieve
75% BUSD
25% ELEPHANT
Recieve
100% BUSD
for TRUNK
Yes
1% fee
1 TRUNK purchased by the ET and sent to the
Performance Pool.
Cash
Treasury
3%
4
100% BUSD
OR
75% BUSD
25% ELEPHANT
$99 USD value in BUSD and
TRUNK received.
Staking
No
Elephant
Treasury
Dividend
Pool
Performance
Pool
3
1%
Example
(Assuming a 60% APR)
1
TRUNK is deposited into the staking pool
APR =
3
1
3
Trunk
A daily reward of
1.64 TRUNK is earned.
Can be
withdrawn at
anytime
After 1 day, 1001.64 TRUNK is
withdrawn with no fees.
Stampede
Example
TRUNK is deposited into Stampede bonds.
10,000 TRUNK is bonded.
Dividend
Pool
Native
Staking
1% of the total
balance paid
out daily.
Claim
50% of the bonded amount is sent to Pancakeswap as
liquidity.
50% of the bonded amount is sent to the Elephant
Treasury
2
5,000 TRUNK is sent to
Pancakeswap for liquidity.
(ELEPHANT/BUSD LP)
.56% of the total bonded amount is paid out every day
from the Elephant Treasury
A daily reward of
56 TRUNK is earned.
Rewards are paid out of the
Elephant Treasury
Pancake
Liquidity
1
Roll
3
50%
2
Stampede
(Bond)
Claim your earnings with only
a 2.5% fee.
(TRUNK/BUSD LP)
Roll or Claim your rewards.
Earn .56 % of
your total
Bonded amount
daily
5,000 TRUNK is sent to the
Elephant Treasury
Roll your earnings with no fees
4
4
Rewards
2.5% Fee
Trunk
3
2
Roll (no fee)
1
.01(Dividend Pool Balance)
Staked Balance
Roll or Claim your rewards with no fee for either action.
.01(Dividend Pool Balance)
Staked Balance
Rewards
1000 TRUNK is staked.
Rewards are paid out of the divedend pool. 1% of the
total balance of the Dividend Pool is paid out every day.
The APR is calculated using the formula:
2
APR =
Claim (no fee)
Elephant
Treasury
50%
How The Money Flows
Relfections from Trading
Volume on
ELEPHANT
Elephant Treasury
Mint
Performance
Pool
Marketing
Cash
Treasury
Stampede
Bonding
Elephant
Treasury
Dividend
Pool
Stake
Rewards
Stampede
Bonding
Rewards
Redeem
Pancake
Liquidity
The sustainibliity of the entire platform depends on the assets in the
Elephant Treasury. For the platform to remain sustainable the Elephant
Treasury must grow in size using mechanisms other than deposits from
Stampede Bonding, minting, and redeeming. This is where we circle back
to the tokenomics of ELEPHANT token. Because the Elephant Treasury is
the largest holder of ELEPHANT it recieves massive amounts of reflection
tokens. Because there are reflections on buys and sells, the elephant
treasury will grow in any market conditions. Furthermore, if investors decide
to sell, and the price drops, there will always be a time when ELEPHANT
token will become a good buy again, because it is a utility token for TRUNK
native Staking and Stampede Bonding. There will always be a demand for
stable coin yield farming, which will always positively impact the price of
ELEPHANT token.