Update: The contest has been extended to conclude when we formally list on Biswap ELEPHANT is now in the top 300 of all digital assets in the world. It is also the best performing asset of 2022, outperforming 100% of the top 100 digital assets in the world. In an…

Taking a much needed break, but not before tracking down pesky bugs in our new governance contracts. The PegSupportStrategy was reporting the wrong amount in the UI and that has now been corrected. In addition, time / amount calculations have been updated across all strategies; now txs map closely to…

We are investigating a coordinated exploit by several bad actors in the space against the HERD. Before we get into the details, just know that the quality of your enemies will improve with success. TO START We have not been administratively hacked and nothing has changed on the network from…

The BUSD BuyBack Governance contract was exploited for approximately $200K due to an outage in the buyback bot. This allowed a significant amount of rewards to build up which were then exploited with a flashloan attack. ELEPHANT Treasury governace contracts are not vulnerable to this attack and all access to the BUSD Treasury has been cut off while we make the final migration of Futures to BNB. No customer funds were impacted.

Elephant Money is in the process of minimizing its exposure to BUSD. This Medium post will serve as a changelog of what we are doing to derisk our exposure to the Binance USD stable coin long term. Update 1, 9/30/23 — The BwB Program and NFT Minting programs are now…

What is the token distribution of the ELEPHANT token? During the initial liquidity drive event, 25% of a quadrillion tokens was distributed to participants who provided liquidity, while another 25% was used to provide liquidity on PancakeSwap for the official listing. …

The best advice from multi-billionaire Robert Smith is to scale up. After the exploit at Elephant Money we scaled down. We terminated the performance fund from 1% APR on the TRUNK Treasury to zero. For the majority of the time since the exploit expenses were covered out of the founders…

Overview The greatly anticipate utility NFTs for Elephant Money are now live! To recap, Elephant Money is simply the first global decentralized community bank of its kind. It is a permissionless system for economic inclusion and helps its community accumulate wealth through active and passive cash flows. We now are proud…

Background Fractional banking is a banking system where banks hold only a fraction of the total amount of money they lend out as reserves. For example, if a bank has $100 in deposits, it may keep $10 as reserves and lend out $90 to borrowers. …