Elephant Money Newsletter (9/21/2023) Elephant Treasury Growth > $13,000,000 !!!
This is the Elephant Money Newsletter, a weekly update on everything Elephant. Please feel free to reference and share all the information in this newsletter!
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In this week’s update:
- Elephant Money: BTC Adjusted Price and Analytics
- NFTs Marketplace Update
- Marketing/Partnerships
- Raid a WEEK: Youtube and Medium
Elephant Treasury & BTC Supply Adjusted Price:
Elephant MoneyTreasury:
9/14: $67,771,000 (Up $4,341,000)
9/21: $80,999,000 (Up $13,228,000) !!!
BTC Adjusted Price:
9/14: $18.82 (Up $1.11)
9/21: $22.29 (Up $3.47) !!!
Elephant Money Stats
Elephant Treasury: (1400 9/21/2023 PST)
9/14: 171.54 T (Up 1.09 T)
9/21: 173.06 T (Up 1.52 T)
Both LP Total:
9/14: 97.56 ( Down 3.14T)
9/21: 89.37 (Down 8.19 T) !!!
Note: Above stats are real time on chain numbers provided bscscan.com. Dune analytics updates every few hours.
Blockchain Explorer: Bscscan.com
On Chain Transparency
Note: Here is the BSC blockchain explorer for Elephant Money- https://bscscan.com/token/0xe283d0e3b8c102badf5e8166b73e02d96d92f688#balances
Liquidity Pools:
Elephant wBNB LP:
Top 3rd Holder of wBNB on BSC.
9/14: wBNB LP: 97,982 (Up 3,409 wBNB)
9/21: wBNB LP: 107,092 (Up 9,110 wBNB) !!!
Elephant BUSD LP:
Top 5th Holder of BUSD on BSC
9/14: BUSD LP: $17,848,114 (Up $492,288 previous wk)
9/21: BUSD LP: 19,453,600 (Up $1,605,486)
30 day In vs Out:
Total In:
9/14: $3,700,000
9/21: $2,700,000 ( Down $1,000,000)
Total Out:
9/14: 514,000
9/21: $661,400 (Up $147,400)
Futures: Assets Vs Liabilities
Futures TVL (Liabilities): 17,274,395 ( Up $672,129)
Elephant Treasury (Assets): $80,999,000 (Up $13,228,000)
Note: 4.6x more assets than futures liabilities! (0.6x increase)
Elephant Money Charts:
24 hours (9/21/2023 1422 PST ): +1.01%
7 Day: + 19.52%
YTD: + 433.15%
Elephant Money Unlimited Marketplace is LIVE!
You can buy discounted Elephant Money Unlimited NFTs @ 1.8 BNB each!
Available Discounted NFTs: 0
NFTs sold in Marketplace: 283
NFT Supply Minted:
9/14: 10,360 (118 NFTs minted)
9/21: 10,661 (301 NFTs minted)
Total BUSD Deposits: $2,443,000
Current APR: 33.45% (Up 3.69%) paid in Elephant Token
Total Rewards Paid Out to Stakers: $151,340.00 in Elephant Token
All updates on Elephant Money Unlimited NFTs will be provided by Bankteller via the Medium Link Below.
https://medium.com/elephant-money/elephant-money-unlimited-is-live-cf67fbf8f708
Bonus Chart:
Why Is Futures Different?
Have a look at this chart. It shows the daily liabilities in $ (yellow) vs how much that $ is as a % of the Elephant Treasury value (blue).
The yellow bars continue to climb as a result of compounding and new joins. It’s a nice steady rise. The daily debt is getting bigger. To be expected.
But look at what the blue line is doing, it’s dropping.
So let me get this straight…the debt is growing every day and yet the potential strain on the treasury is actually reducing………we’ve never seen anything like this in DeFi before, people are fearful and ask how is that even possible?
The answer — because Futures is built on top of a highly efficient treasury that captures value in all areas of the ecosystem, the treasury growth vastly outpaces the growth of the debt. It’s literally as simple as that.
If you do your due diligence on the mechanics of how the Treasury captures and grows value you will begin to understand the gem that is Elephant Money Futures.
Compliments to Crypto Stu
Twitter Spaces:
Please tune in Every Wednesday for the Elephant Money Spaces:
9/20/2023 Twitter Space Link:
https://x.com/ElephantStatus/status/1704510725241156050?s=20
NFT GIVEAWAY EVERY WEDNESDAY to a random audience member!
RAID a Week Content:
YOUTUBE HERD:
Medium HERD:
Nothing in this article is intended to constitute investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. Readers are encouraged to perform their own due diligence and research, or consult a licensed financial advisor or broker before making any and all investment decisions. This content is intended for general informational and educational purposes only. Though the author strives for accuracy, the data contained within the article cannot be relied upon. The author may own cryptocurrencies and tokens discussed in the article. The article may contain affiliate links.
