205% Stablecoin APR?! Move over DRIP, there’s a new kid in town

The Crypto Singh
Relax, get Rich and Retire
7 min readDec 24, 2021

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Photo by Felix M. Dorn on Unsplash

Did someone forget to mention the elephant in the room?

I’ve written previously about DRIP and it’s life changing ability, which I am invested in. But, it’s by no means the only game in town. You should always look to diversify… Elephant seems just the ticket, especially to take DRIP rewards and make them work even harder in a stablecoin environment.

Not just a coin, but an ecosystem

ELEPHANT, TRUNK, STAMPEDE. These are the names you’re going to want to remember.

ELEPHANT

is the primary coin. It’s currently experiencing explosive growth, especially since the recent introduction of STAMPEDE, which completes the ecosystem. Also known as a “reflection token”, it pays out to holders directly simply as a by-product of holding the token in your wallet. In the developers’ own words: -

ELEPHANT.MONEY is a future-proof way to compound profits made on BSC. ELEPHANT is our store of value on the Binance Smart Chain. A transaction fee of 10% is charged on all transfers of the ELEPHANT token to create a perpetual community trust

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