Elephant Money is the only passive income DeFi project I trust through these market conditions

DeFy Logic
Coinmonks
4 min readMay 9, 2022

--

Right now, you’re probably questioning why you’re an investor. You’re wondering when/if the markets will rebound and if you should “buy the dip”.

It’s hard times like these that will make or break the best of us. For you older folk, separate the men from the boys — for you younger crowd, the diamond hands from the paper hands.

I choose to take a step back and evaluate where my money is at. What’s working and what isn’t working? Which one of these DeFi projects will live to tell the day they survived a bear market, record inflation, and war? It’s hard not to get emotional especially when money is involved — and whether or not you can afford to lose it all.

I don’t have a crystal ball and don’t pretend to be great at reading whitepapers and interpreting tokenomics, or looking at a chart to apply technical analysis predicting where support may be. What I do know is this — those down-and-to-the-right charts will break a lot of people and I don’t want my money associated with their emotions. I want absence of price volatility and a DeFi project to deliver me returns in the best and worst of markets.

Looking at you, Elephant Money

I wrote my first Elephant Money article on 3/27/22 and still feel the same way about it as I do today — long-term bullish.

If you’ve had a chance to read the whitepaper, listen to AMAs, participate in their Telegram, or read about their dev, BT, you’ll understand why Elephant Money will eclipse every other project out there. Oh and that exploit? Squashed in a month with Trunk now headed back to peg. The dippers will look like geniuses getting a massive discount on Trunk and bonding it into Stampede. The paper hands will look like clowns — although understandably so — when Trunk continues to harden the price of Elephant.

Those of us that believed in the system padded our bags with more Elephant and Trunk — risky play during the exploit but will prove to be the right move once we’re sitting on 10x gains when Trunk returns to peg.

Ignoring the noise

Most of us are in Discord and Telegram groups — the noise is real and every chat is filled with FUD in every single project. Every single project except Elephant Money — quietly sitting in the corner counting the days to supreme reign. People are calm, collected, educating each other about the project, and sharing useful YouTube content.

You wouldn’t even notice the rest of the Crypto market is getting murdered.

Why is everyone ignoring the noise? Just like I wrote in my first article — the absence of price volatility with Trunk being pegged to 75% BUSD and 25% Elephant. No gimmicky APRs, APYs, and promises of unsustainable returns — just results. Everyone in Elephant Money is quietly building their teams and rolling (compounding) through Stampede to financial freedom. I go back-and-forth between Piston Token and Elephant Money on which referral system I like better — to each their own with aspects I love about both.

For Elephant Money specifically, it’s hard to ignore the fact I don’t have to buy additional tokens like in DRIP or Piston to build a team — I can just choose a partner and share my bonds/rolls with them. It’s a genius idea from BT — not letting people get Ponzi rich on a system that only favors people with money and ignoring the people just looking to get ahead. In this system — WE ALL GET PAID.

Lets keep this article short, sweet, and to the point.

While the rest of you wait for Animal Farm to launch, DRIP to recover, the next miner to crash in price — I’ll be sitting here quietly in the corner building my team, rolling/bonding my Trunk, and sharing rewards with the like-minded people who want financial freedom.

The longer we roll/bond together, the faster the former comes true. Ignore the noise — lets get what we deserve.

Step-by-step guide

  1. Go to Elephant.money and connect your wallet via the Binance Smart Chain
  2. Go to Mint section and Mint desired amount of BUSD. You have to first enable BUSD. Alternatively, you can go to PancakeSwap and trade into Trunk using the Trunk token address:
    0xdd325C38b12903B727D16961e61333f4871A70E0
  3. Scroll down to “The HERD: A Partner Network”
  4. Hit: Partner
  5. If you want to use me as a referral and get 0.5% airdropped on bonds and rolls (compounds), please copy and paste my wallet address (thank you if you do!):
    0xcf95A7D2B19746b3782D36ef5D32433B8E3232a8
  6. Hit: Update
  7. Scroll up to Stampede Perpetual Bonds
  8. Hit: Bond
  9. Enter the desired amount of Trunk to bond and hit bond

A referral system unlike DRIP

I’ve shilled my DRIP referral in many places like most of you. This referral system is different.

You AND YOUR PARTNER will be rewarded. You both will receive a .5% airdrop on any Trunk bonds or rolls. No more DRIP maxis peddling their referral link and getting Ponzi rich.

If you’re interested in using me as a partner — you can use my referral code — 0xcf95A7D2B19746b3782D36ef5D32433B8E3232a8

As a thank you — message me on my Discord and receive a free Trunk bonus!

Join Coinmonks Telegram Channel and Youtube Channel learn about crypto trading and investing

Also, Read

--

--

DeFy Logic
Coinmonks

P2E cryptocurrency gamer and DeFi enthusiast. Defying logic in our current financial system by creating multiple passive income streams.