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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
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    • 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
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      • Responsibilities
  • Liquidity
    • ELEPHANT/BUSD LP
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    • 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
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      • Available
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      • 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)
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  1. Tokenomics

Launch & Initial Token Distribution

100% Fair Launch, No VC's, No Founder or Team Allocation

PreviousCirculating SupplyNextThe Graveyard (GY)

Last updated 1 year ago

Liquidity Drive

The initial token distribution took place as a 1-week liquidity drive event, from 05/04/2021 - 05/11/2021. During this period, participants were are able to add BNB as liquidity to get ELEPHANT at the lowest possible cost; as their contribution was not subject to any slippage or exchange fees, which was factored into future orders on the official exchange listing.

The price for each ELEPHANT token was not set in advance. It was determined by the amount of tokens available and the total BNB amount raised after the liquidity event had ended. Once the raising period concluded:

25% of a quadrillion tokens was distributed to those who provided liquidity during the drive (split proportionately by their contribution amount).

25% was used to provide liquidity on PancakeSwap for the official listing.

49% of a quadrillion tokens was sent to the graveyard address.

1% was allocated towards marketing and development purposes.