Overview of $Trumpet Token & Mechanics
What is Trumpet?
$TRUMPET token is a perpetually increasing asset providing a long term store of value within the Elephant Money ecosystem. It is backed 100% by the native $TRUNK stablecoin. Mint and Redeem taxes ensure the TRUNK/TRUMPET ratio can only ever increase. It is 100% immutable with no administrative functions and has zero reliance on third party liquidity. Trumpet provides an additional use case for the Trunk token and is designed to lock up more of the circulating Trunk supply.