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  • What Is Elephant Money?
  • Overview
    • Using The Wiki
  • Ecosystem Tokens
    • ELEPHANT
      • Fees - Detailed
      • Economics
      • Elephant Buyback System
    • TRUNK token (Elephant Money Stable)
      • Deflationary Mechanics
    • SVNN token (Savanna Haus)
      • Details
  • Services
    • Elephant Money Futures Vaults
      • Futures Key Features
      • System Wide - Dynamic Rate Scaling
      • Base Rate & The BNB Reserve
      • Personal Rate
      • Futures Deposit & Claim Mechanics
      • Futures Maxes, Limits & Payouts
      • Individual Account - Adaptive Rate Limiters
    • Unlimited NFT's
      • Key Features
      • Minting Batches
      • Mint, Rewards & Claim Mechanics
      • Rewards
      • NFT Marketplace
    • TRUMPET
      • TRUMPET - How It Works
      • Trumpet Features
      • TRUMPET Token - Additional Details
      • Token Mechanics - Mint & Redeem
        • TRUNK Buyback Strategy
  • Price Stability Formula
    • Liquidity Management (Stability)
    • ELEPHANT Token Supply Management System (Growth)
    • Token Holder Distribution
    • Circulating Supply
  • Tokenomics
    • Launch & Initial Token Distribution
    • The Graveyard (GY)
      • The Graveyard Rebalanced Event
    • Buy with Bertha (BWB)
  • Elephant Money Treasury System
    • Elephant Treasury (BERTHA)
      • BERTHA - How It Is Funded
      • BERTHA - Responsibilities
    • BNB Reserve
      • BNB Reserve - How It Is Funded
      • BNB Reserve - Responsibilities
    • BTC Turbine
      • How It Is Funded
      • Responsibilities
    • TRUNK Turbine
      • How It Is Funded
      • Responsibilities
  • Liquidity
    • ELEPHANT/BUSD LP
    • ELEPHANT/WBNB LP
    • TRUNK/WBNB LP
    • TRUNK/BUSD LP
  • How To Guides
    • How To Deposit Into Futures
    • How To Buy / Sell / Transfer ELEPHANT
      • Buy / Sell via PCS (10% Transcation Fee)
      • Buy With Bertha (8.5% Transcation Fee)
    • How To Mint & Stake Unlimited NFT's
    • How To Mint & Redeem TRUMPET
  • Navigating The Website
    • ELEPHANT
      • Balance (Overview Tab)
      • Stake % (Overview Tab)
      • Price - SA (Elephant Stats)
      • Graveyard (Elephant Stats)
      • Liquidity (Elephant Stats)
    • Unlimited NFTs
      • Main Dash
      • Overview Section
      • Staking Section
      • Marketplace
    • Elephant Money Futures
      • Available
      • Total Value
      • Claimed
      • TVL (Overview Tab)
      • Participants (Overview Tab)
      • Total Deposited (Overview Tab)
      • Total Claimed (Overview Tab)
      • Available Sweep (Overview Tab)
      • Daily Liabilities (Yield Tab)
      • BNB Reserve (Yield Tab)
      • Daily Yield (Yield Tab)
    • TRUMPET
      • TRUMPET holdings
      • TRUNK Balance (TRUMPET)
      • Get Trumpet (Button)
      • Price (TRUMPET)
      • Supply (TRUMPET)
      • Backed Supply (TRUMPET)
      • Participants (TRUMPET)
    • The HERD Partner Network
      • Partner Network Dashboard
      • Partner Tab (HERD)
      • Stats Tab (HERD)
      • Checker Tab (HERD)
  • Security
    • Protecting Against Flash Loan Attacks
    • TWAP Oracle
    • Audits
  • Referral Program
    • The HERD Partner Network
      • Buy With Bertha Partner Rewards
  • Glossary
    • RFI Rewards
    • Bertha
    • AMM
    • (3,3)
    • Rainy Day Fund
  • OFFICIAL LiNKS
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  1. Elephant Money Treasury System

TRUNK Turbine

The TRUNK Turbine is a key new feature being introduced in the Elephant Money Futures v10 update. Here are the main details about the TRUNK Turbine:

  • 100% immutable.

  • It is a single-sided liquidity pool designed to accumulate and hold TRUNK tokens over the long-term.

  • 20% of all deposits made into the Futures v10 contract will be used to purchase TRUNK tokens and add them to the TRUNK Turbine.

  • The TRUNK Turbine aims to create constant buy pressure for the TRUNK token, driving up its value over time through sustained accumulation.

  • It operates on a fixed 1% APR model, using the yields to buyback ELEPHANT tokens and send them to the ELEPHANT Treasury.

  • This 1% APR buyback mechanism allows the TRUNK Turbine to grow the ELEPHANT Treasury's value as the market cap of TRUNK increases.

  • The TRUNK Turbine is part of the new "twin turbine" system along with the BTC Turbine, introduced to enhance asset diversification and risk management for the Elephant Money ecosystem.

So in essence, the TRUNK Turbine enables Elephant Money to continuously accumulate TRUNK while using its yields to support the ELEPHANT token, positioning the protocol to benefit from TRUNK's projected price appreciation over time.

PreviousResponsibilitiesNextHow It Is Funded

Last updated 11 months ago