![Elephant Money](/_next/image/?url=https%3A%2F%2Fprod-cms-assets.avocadodao.io%2FElephant_Logo_246a9bf64b.png&w=3840&q=75)
Overview
Key Highlights
- Elephant Money is a permissionless decentralized finance (DeFi) system that imposes minimum limitations or hurdles on your participation.
- $ELEPHANT is the native token of the Elephant Money ecosystem. You can acquire $ELEPHANT from supported exchanges and start staking them to gain rewards.
- Elephant Money’s rewards system consists of Stampede Bond Float, ELEPHANT Buyback Strategy, TRUNK Redeem Strategy, and more.
- Elephant Money also has a stablecoin, $TRUNK, which is partially collateralized by $BUSD and offers chances for you to receive rewards.
- You can use the platform’s reserves to mint $TRUNK and lock up cryptocurrency earnings inside their stable ecosystem.