# ELEPHANT

<figure><img src="/files/8JHTMMZRMWKJdmxyABST" alt=""><figcaption></figcaption></figure>

The Elephant.Money Network’s **store of value** token (BEP-20) on the Binance Smart Chain (BSC) that captures value by having the most fair distribution, an auto-rebalancing liquidity building mechanism, and by providing a lifetime of frictionless, passive rewards.&#x20;

### Token Supply

$ELEPHANT has a **fixed supply** of 1000 Trillion tokens, all of the tokens have been minted and are in circulation and no more will be minted. 50% of the supply is held by a rebalancing smart contract called the [Graveyard](/tokenomics/the-graveyard-gy.md) (GY) which passively builds protocol owned liquidity on each [rebalance](/tokenomics/the-graveyard-gy/the-graveyard-rebalanced-event.md).

### Protocol Owned Liquidity&#x20;

ELEPHANT tokens has two primary locked liquidity pools located on PancakeSwap, ELEPHANT/WBNB and ELEPHANT/BUSD. Both liquidity pools are 100% protocol owned liquidity.

{% hint style="info" %}
Locked liquidity refers to liquidity that has been locked on a dex and can not be removed by the protocol or any 3rd party.
{% endhint %}

### Buying & Selling, Transferring $ELEPHANT token

There is a 10% transaction fee on all $ELEPHANT token buys, sells or transfers&#x20;

### Passive Rewards For Holders

HODLers of ELEPHANT will receive **non-inflationary** passive rewards ([RFI rewards](/glossary/rfi-rewards.md)) from simply holding the token in their wallet, from every transactions (buy, sell, and transfer) 10% fee; 5% is distributed evenly to all existing token holders, and 5% is added towards locked liquidity.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://wiki.elephant.money/ecosystem-tokens/elephant.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.