> For the complete documentation index, see [llms.txt](https://wiki.elephant.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki.elephant.money/services/trumpet.md).

# TRUMPET

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**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.\
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Trumpet provides an additional use case for the Trunk token and is designed to lock up more of the circulating Trunk supply.