Yesterday Elephant Moneys lead dev BT posted a passionate voice message in the community Telegram channel. He spoke about the core business of the protocol covering all elements that support it.
In my opinion his message included all the ingredients to explain what Elephant Money is about, why it is so powerful and why it is outperforming the top 100 of the market by far.
This article is a rephrased version of his voice message transcript. Check it out and forward it to anyone who you think should not be left out of the DeFi revolution.
The Product We Sell Is Yield!
Say goodbye to the traditional way of banking and say hello to Elephant Money: a Community Bank. Our goal is to bring you the best yield on a dollar, sustainably.
For those who frequently label our product as a Ponzi scheme, it’s important to understand that we’re selling yield, thats our product. The best yield on a dollar available on the planet, sustainably.
Just like how Burger King relies on the consistent sales of burgers, if people stop buying our yield, our business will no longer be viable. It’s as simple as that. And who wouldn’t want hyper yield?
We have a lot of sustainable mechanisms in place, including the fact that for every dollar invested in the front office, you get a 10–100x return on the back end for our store of value token Elephant.
And, Elephant is visible on the public markets, allowing people to participate in this store of value that subsidizes the front office. It’s a flywheel economic engine powered by core mathematics.
Elephant Money IS DeFi and Highly Secure
We’re 100% decentralized finance (DeFi) and our code is transparent and immutable. Our liquidity is locked, with millions of dollars in assets under management and rising every day. With a valuation of over $1 billion and a chart that beats out 100% of the top 100 assets for 2022, you can see our success for yourself.
Our yield farming product is safe and secure, with a mobile wallet level of security that ensures your funds are never at risk. It soaks up circulating supply and supports our stablecoin, which we’re working to re-peg.
Even after an exploit, Elephant has still been the best performing digital asset, beating out its competitors.
Don’t listen to the naysayers who try to hide our data. Our numbers are available for anyone to see, just look at CoinCodex or at our liquidity on Pancakeswap and see that we’re in the top ten holders of BNB on chain.
We’re winning, and we want to share our success with you. So why not start with the people you know and care about, and get them in on the action? Where else are they making money?
What Downtrend?
Take a look at the Elephant chart. What other digital asset has such a chart? I don’t care about the recent 30–40% increase during this rally. Instead, I focus on the yearly performance.
Many assets are down 90% and currently only up 40% from their lowest point. This is only a small increase considering their losses. They still have a long way to go to regain their pre-economic downturn value. Unlike many other assets, Elephant never experienced an economic downturn.
Although there was a short period of decline due to an exploit, Elephant quickly bounced back. In fact, there were only 16 days where Elephant could be bought at a loss.
Invest in Elephant today and see your funds grow with the best performing digital asset on the market. Don’t miss out on this opportunity to join a true DeFi project with a long history of success.
Wrapping Up
As you have seen this message comes straight from the lead dev BT and straight from the hart. He truly cares about the project and about the community.
Numbers, statistics and charts don’t lie, and those are all in favor of Elephant Money. No advise of course, instead you can find it yourself, no advise needed just some research on your own.
Ready to join the Herd?
Check out the benefits of becoming a member of the Herd and how to join.
https://medium.com/coinmonks/5-benefits-of-being-part-of-the-herd-1-bonus-1cc5886c02c
References
Website: https://elephant.money/
Whitepaper: https://elephant.money/media/elephant-wp.pdf
Telegram: https://t.me/elephant_money
Medium: https://medium.com/@bankteller
Linktree: https://linktr.ee/elephant_bootcamp
Dune Dashboards: https://dune.com/dedalus/Elephant-Money-Treasuries-and-Liquidity
Disclaimer
DYOR/NFA
Nothing in this article is to be considered as investment advice. The author or the publication cannot be held responsible for any investments, profits or losses you may incur as a result of this information. The article may contain affiliate links. Always DYOR.
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