Decentralized Finance and For the Love of Elephant
As the great economist Kenneth Boulding said,
“Anyone who believes that exponential growth can go on forever in a finite world is either a madman or an economist.”
This quote by Kenneth Boulding, an economist and theorist, highlights the unsustainable nature of exponential growth in a finite world…
What Boulding did not foresee was Decentralized Finance. Otherwise known as DeFi.
What is DeFi and why is it important?
Decentralized Finance (DeFi), is a revolutionary financial system that has grown from $1 billion in 2019 to $120 billion in 2023!
DeFi allows developers to build financial vehicles on top of networks, such as blockchains, and allows for the creation of financial instruments without the need for traditional intermediaries like banks or brokers who use fractionalized banking.
Fractionalized banking and its risks defined by Chat GPT:
“Fractionalized banking can be risky because it creates a situation where a bank’s liabilities (the deposits it holds) can exceed its assets (the loans and investments it has made), leading to insolvency in the event of a run on the bank or sudden decline in asset values. In other words, if too many depositors attempt to withdraw their funds at once, the bank may not have enough reserves to meet the demand and could be forced to default on its obligations.”
Oof…
Traditional banking is built on trust and not transparency. Look up “Silicon Valley Bank Collapse”. They trust us not to pull our money out at the same time.
Remember this, if we all went to the bank today and tried to withdraw, you wouldn’t get it. I’ll say it again, you wouldn’t get your money. No Money For You. (NO SOUP FOR YOU!)
Do I have your attention now?
Good.
Is DeFi our financial savior?
Hence the need for transparency and not trust. DeFi alleviates this trust issue due to the nature of blockchain technology. DeFi operates on public, open source blockchain platforms. It is permissionless, trustless and transparent because all transactions are publicly recorded on the blockchain and cannot be altered or censored. You just need a compatible wallet and a way to onboard fiat (those dolla dolla bills yawl).
You’re saying to yourself…get to the point, Andrew. How do I make money? How can I capitalize on this revolutionary “DeFi” you speak of…
Segue — — into Elephant Money.
Elephant Money: UP 49% YTD
BNB: UP 26% YTD
What is Elephant Money?
Elephant Money is a decentralized community bank that provides a permission-less system for economic inclusion and helps its community accumulate wealth through active and passive cash flows. It implements a voluntary, sustainable, and permission-less global economic engine on top of a collection of blue-chip assets, a core shareholder token (ELEPHANT). The ecosystem utilizes a strategic combination of Elephant buybacks and purchases by holders to drive long-term price appreciation for $ELEPHANT token.
Here is a basic breakdown of the Elephant Money Ecosystem:
Shareholder Token: Elephant Money Token
Key Points:
1. Finite Supply 1,000 trillion tokens — Fixed Supply & Scalable
2. 81% Protocol Owned Liquidity — Deep Liquidity (Approx $48.3 Million)
3. Largest holder ONLY owns 0.8% of supply — No Whales to Dump on you.
4. Constant Buy Pressure (See Futures)– Deflationary
Note: All Transparent and ALL ON CHAIN.
What is Elephant Money Futures?
Passive Cash Flow: Elephant Money Futures
Key Points:
1. Accelerated Retirement Account that earns 0.5% daily on cash.
2. Deposit BUSD and earn BUSD rewards.
3. Auto compound rewards with a $200 deposit
4. Immutable contract and yield generation 100% on chain
5. 90% of funds buy Elephant off PCS and are placed into the Elephant Treasury
6. 10% of funds are used as a Buffer Pool to pay out daily liabilities
See This Article on EM Futures by Crypto Stu: https://medium.com/@cryptostu2022/the-future-of-high-yield-savings-with-elephant-money-futures-15f390af540c
What is the Elephant Treasury?
Elephant Treasury Overview: “The Accumulator and Payer of Yield”
The Elephant Treasury (aka Bertha) is the great differentiator between Elephant Money and any other financial platform available. Bertha is the backbone of the ecosystem and serves multiple functions that benefit both the project and its investors.
The Various Roles of The Treasury:
Bertha’s number one role is to grow her share of the supply of Elephant Tokens supporting the exponential growth of the USD value held within the treasury.
EM Treasury “Bertha” will:
• Provide constant upward pressure on the Elephant token
• Raise the floor price of Elephant Token.
• Lock away circulating supply triggering a supply squeeze.
• Act as a backstop for all system liabilities.
• Act as an Insurance Policy for the ecosystem.
• Provide Investor Confidence.
Assets will always outpace liabilities due to the Constant Product Formula utilizing Automated Market Makers which revolutionized DeFi.
If you want to join the Elephant Money Community, join the telegram link below.
FYI: None of this information is financial advice. Please do your own research before investing in cryptocurrencies. #elephantmoney #emfutures #BNB #BUSD #Passiveincome #crypto #cryptocurrency #Cryptonews #Yield #100xgems
- Twitter: https://twitter.com/ElephantStatus
- Telegram: https://t.me/elephant_money
- Discord: https://discord.gg/elephant-money
