5 Benefits of Being Part of the Herd (+1 Bonus)

In the crypto space, many projects offer an affiliate model, with varying levels of rewards and different types of models. The main purpose of this is to mobilize investors to promote the project and earn a commission for each referral they bring in.

Additionally, teaming up or partnering with others allows individuals to stay connected while also being invested.

This article will discuss the Partner model of the Elephant Money platform and its increasing benefits.

A Unique Partner Model: The Herd

The Herd (Partner Program Network) is a unique onboarding system that benefits both team builders and new participants in the Elephant.Money ecosystem. Participation is voluntary, but by using the partner network, players are rewarded for building their teams organically while newcomers are also provided incentives to participate.

Unlike many other multi-level marketing or referral systems that have pyramid structures, tiered referral trees, etc. the Herd only has one level of affiliate rewards, making it similar to Amazon or Tesla’s affiliate system. The Herd’s system is designed to prevent bad actors, the need for self-referrals, and leeching of rewards.

There’s no downside to having a partner within the platform. Even if you’re not interested in others earning from your investments and revenues, you should still consider partnering up. At Elephant Money, both partners benefit from their connection. Learn more about it in the following section.

5 Benefits of Partnering in the Herd

The next section will explain how to set up a partner and connect with them step-by-step. But before that, let me explain the benefits of having a partner.

Having a partner will benefit both individuals. To receive rewards, you need to have an active Stampede account. Once you have set up your partner and your Stampede account is active, you and your partner will benefit from the following actions.

1. Stampede

When you add new TRUNK to your Stampede account or roll your available rewards, both you and your partner will earn 0.5% of the total amount. This means your partner will earn 0.5% and you will get a 0.5% discount on the 1% tax you would have paid without a partner.

The rewards for your partner will be paid out as airdropped TRUNK in their Stampede account.

2. Buy With Bertha

When you use “Buy with Bertha” to purchase Elephant Tokens on the Elephant Money platform, 0.5% of the total amount will be rewarded to your partner.

This 0.5% is converted to TRUNK and paid out as airdropped tokens to your partner’s Stampede account.

3. Elephant Money Farms

With the Elephant Money Farms, investors can farm TRUNK by staking their blue chips. Farming results in yield obviously. Of all the earned yield 1% is rewarded to the connected partner, paid out as airdropped TRUNK into his Stampede account.

4. Depot

The Depot is a tool that can be used to mint TRUNK tokens at current market price. All funds deposited will go to the platform treasury.

1% of the total amount deposited will be rewarded to your connected partner, in the form of a TRUNK token airdrop into his Stampede account.

5. Elephant Money Futures

The latest product launched on the Elephant Money platform is called Futures. It’s a BUSD-based product that allows you to earn yield on bonded, locked-in BUSD deposits.

1% of the earned yield in BUSD will be rewarded to your partner, similar to the Farms. The rewards will be paid out in TRUNK tokens as airdropped tokens in your partner’s Stampede account.

Important note

As you may have noticed, your connected partner will benefit from all these actions, while you only benefit when interacting with Stampede. To fully benefit from all these opportunities, your partner should add you as their partner as well.

Keep in mind that each person can only have one partner who benefits from them, but they can benefit from multiple partners who are connected to them.

Ready to Join The Herd?

If you plan to join the movement, want to become an Elephant token holder or going to Mint some TRUNK you should know by now that you have to set a partner first.

You both will earn 0.5% of the amount of

• Each bond of TRUNK into Stampede
• Each roll of the Stampede rewards

While you make your partner happy with

• Each buy of Elephant when buying the token on the platform
• Each mint of TRUNK when utilizing the Farmers’ Depot
• A share of all yield earned in the Farms or in Futures

Don’t Wait, Become Part of The Herd!

This is how you can set your partner:

• Scroll down on the screen to the “The HERD: A Partner Network” box. Choose the “PARTNER” tab and fill in my (or anyone’s) referral address and click the “UPDATE” button.

NOTE: it is possible to change your partner at any time.

One More Benefit

It might sound cheesy but becoming part of the Herd in itself is a valuable thing as well. Not only from an investor point of view as explained above but also from a community point of view. Once you got involved in the protocol you will be welcomed in the Elephant Money community.

The spirit, as broadcasted by the lead dev BT, within the community is twofold:

Each One, Teach One

Everyone is willing to help out anyone. There is so much content, learning material, bright minds and always people who are really on top of each and every latest detail. In general the community is a very positive and aligned group of people.

In addition to that there is the

Everyone Row in the Same Direction

All people within the community are willing to work together. Focusing on the most important actions which are needed to support the ecosystem in the best possible way.

These two mottos streamline the community and help to spread the message in an effective manner.

Wrapping Up

With this brief explanatory article I hope it became clear what the partner network can bring. It’s not one of a kind, in my opinion its interesting enough but not unrealistic considering any liabilities towards the protocol.

My partner address

If you like my articles and appreciate my effort, becoming my downline partner could be a great way to show support. Using my partner address would be very much appreciated:

Partner address: 0x37bB455be901d629aCaDC84BAcE52007067cF269

References

Website: https://elephant.money/

Whitepaper: https://elephant.money/media/elephant-wp.pdf

Telegram: https://t.me/elephant_money

Medium: https://medium.com/@bankteller