BlaQuid Holdings LLC
defi

Elephant Money

“If you don't find a way to make money while you sleep, you will work until you die.” -Warren Buffet
Trunk/Stampede

Trunk Staking & Stampede Bond

Partially collateralized stable coin that captures value by being backed by a reserve of assets. Guaranteed redemption for $1 USD.

  • Trunk stablecoin minimum 30% APR;

  • Stampede bonds are tied to your wallet and can be added to at any time. You will always earn 2.05X times your total deposited amount. This is paid out evenly at 0.56% a day of your total amount deposited; that's 205% APR and 672% APY;
Elephant Money

Elephant Token

ELEPHANT is a store of value on the Binance Smart Chain and a future-proof way to compound realized gains.

  • Non-inflationary reflection token;

  • A transaction fee of 10% is charged on the purchase, sale, and transfer of the ELEPHANT token to create a perpetual community trust. These fees are split evenly between payments to existing holders and locked liquidity;
ecosystem

Smart Contracts
InsurAce Coverage White Paper
Trunk Staking

Trunk Staking

Use the Reserve to mint Elephant Money Stable (TRUNK). A low processing fee of just 1% is charged on minting and redemption of TRUNK. TRUNK is partially collateralized at a fixed 75% BUSD and 25% ELEPHANT. Both collateral assets are securely stored in treasuries. The 1% minting processing fee is also used to 100% back TRUNK with BUSD in a Pancake LP.

  • Reward credits are generated on minting and redemption at a rate of 11% and 4% on mint/redemption volume respectively. These credits are distributed to the TRUNK staking pool (10% mint/ 2% redeem), and the performance pool (1% mint/redeem). All pools release funds at 1% a day of their credit balance.

  • The Elephant Treasury and use cases built around it acts as a large/active market participant. This differentiates it from the passive Elephant Graveyard which also protects the price of ELEPHANT. The Elephant Treasury also receives passive reflection rewards which ensures a collateralization ratio above 1 which is required to fully redeem Elephant at 25% on the dollar along with 75% BUSD, guaranteed.
Stampede Bond

Stampede Bond

Stampede is the native bonding system for the Elephant Money ecosystem. Bond holders earn fixed low risk yield in exchange for hardening the Elephant Treasury system. When TRUNK is bonded (burned) the value is split 50/50 between the ELEPHANT Treasury and ELEPHANT/BUSD liquidity pool. Bonding TRUNK ensures the system as a whole is taking profit to payout yield for the long term, in any market condition.

Stampede bonds are tied to your wallet and can be added to at any time. You will always earn 2.05X times your total deposited amount. This is paid out evenly at 0.56% a day of your total amount deposited; that's 205% APR and 672% APY. Through sponsorships, for the first time you can easily onboard someone to crypto and supply them with a stable income.

Finally, as TVL increases in Stampede this raises the APR for TRUNK native staking. This means everyone who is a holder of ELEPHANT or TRUNK should mint bonds. Join Stampede today and help jumpstart Elephant Money!!!

* Bonding is executed in batches to save on gas fees
** Rewards from Stampede are subject to a 2.5% processing fee during minting