Winning feels good
Liquidity pools DON'T LIE!
Source:
https://dune.com/dedalus/Elephant-Mo...ity?undefined=
This is the power of a blockchain community bank!
By offering a variety of financial products catering to different risk tolerances and investment horizons, then compressing all of that value into the ELEPHANT token, this community bank is able to generate more stability than any one individual crypto coin on its own would be capable of.
The vast majority of crypto is a "dumb" digital commodity which relies solely on hype to push the price up. There is no community and no cooperation among the buyers, other than hucksters and charlatans telling you to buy and hold long term while they use you as their exit liquidity. Then inevitably, the dam breaks, sells start pouring in outpacing buys, and there is a "run on the bank" so to speak, causing a major crash.
With Elephant.Money that would be very very difficult to accomplish. The value from FUTURES holders is locked in and pays out at 0.5% per day, no more. It would literally take EVERYONE waiting 200 days to cash out while simultaneously having no incoming contributions or compounds to deplete the value from that one resource alone.
Then there are the NFT's, which are contributing major value to the treasury and the liquidity. Those pay out merely 1% of the treasury annually - meaning they're basically a permanent source of revenue for the system, while still offering juicy rewards for the holders; 1% of a (currently) $38.7M treasury is not an insignificant sum.
Furthermore, the biggest holders of ELEPHANT by far are system contracts which currently hold ~65% of the circulating supply and are programmed to never dump on you, like a big friendly whale that just wants to buy as much as possible. Don't take my word for it:
https://app.powerbi.com/view?r=eyJrI...JhYTE2YWUzZCJ9
All of this behind the scenes complexity is designed to function as a smooth running store of value, using the timelines of different investors to strengthen and support one another seamlessly, rather than pit them against one another in an exercise of
greater fool theory as most crypto projects do.
More useful tools to educate yourself:
https://linktr.ee/elephant_bootcamp
https://medium.com/@asignoretrade/ho...i-29cdfca14f86
Or jump into the telegram group and ask questions:
https://t.me/elephant_money
I've got no bone in this other than my own holdings; there are no referrer codes and I'm not a paid spokesperson. Backed by over $30 million in BNB & stable coin liquidity, it is doubtful that any one individual buy would move the needle enough to significantly affect my account. However, the power of a financial collective is strong, and I'm sharing this with you, my colleagues, as a way of paying back the help I've received over the years. It is not without risk, but the rewards could be significant.
This is still very early; jump on the telegram group to get an idea of the investment horizon for most in the community. Many have held from day one and never sold, many are planning on holding for years to come, using this as generational wealth while utilizing FUTURES for their cashflow needs.
As always any questions, feel free to ask here or post in telegram for a quicker response