Elephant Money Protocol Announces Return
Elephant Money Protocol Announces Return
🐘 Guess Who's Back
The OG reflect token protocol Elephant Money has announced its return to the crypto ecosystem. The protocol, known for its sustainable economic engine built on blue chip assets, is resuming operations after a period of inactivity.
Key points:
- Protocol features ELEPHANT rewards token and TRUNK stablecoin
- Built on blue chip asset collection
- Designed to provide yield in all market conditions
The announcement marks a significant development for reflect token technology in the DeFi space. The protocol aims to continue its mission of delivering permission-less financial services.
WE ARE SO BACK!!!! medium.com/elephant-money…
WELEPHANT Launches Raffle Feature for Mining Leaderboard Winners
**WELEPHANT announces first raffle winners from Mining Leaderboard** A new raffle feature is coming to the Mining Leaderboard, allowing anyone to select 3 winners from participants. **First raffle results:** - 1st place (#27): 0xc00D...21B4 - 0.8225 BNB - 2nd place (#38): 0x5Aec...7a84 - 0.4935 BNB - 3rd place (#56): 0x6411...7bB4 - 0.329 BNB - Total distributed: 1.645 BNB The raffle tools will launch for general use alongside a major upgrade to [WELEPHANT.XYZ](http://WELEPHANT.XYZ). [View transaction on BscScan](https://bscscan.com/tx/0x0d990da65ebea800f77f95858b2ec4d89359666ce1bfb73f20353c04518f287c)
WELEPHANT Launches Lossless Mining Game with 99.99% Protocol-Owned Liquidity
**WELEPHANT** is introducing a new **lossless mining game** designed to compete for WELEPHANT tokens below market price. Key features include: - **99.99% protocol-owned liquidity** with no liquidity leaks - Addresses common issues that cause existing mining games to collapse - **Evergreen use case** for sustainable token acquisition The development team has created a **comprehensive simulator** to test the mining contracts in a risk-free environment. This simulator can model arbitrary numbers of users and has been used extensively to: - Harden mining contracts against vulnerabilities - Address edge cases before launch - Ensure robust performance under various conditions The lossless design aims to provide a more sustainable alternative to traditional mining games that often fail due to liquidity issues and poor tokenomics.
ORE: Solana's Mineable Store of Value Gains Foundation Support
**ORE emerges as Solana's native store of value** with mining capabilities similar to Bitcoin. **Key highlights:** - Backed by Solana Foundation - Top-performing app on Solana Seeker - Can be purchased as a token or mined - Combines traditional crypto trading with proof-of-work mining **Mining available** through step-by-step guides, offering an alternative to simple token purchases. [Mining guide](https://medium.com/@masher-capital/step-by-step-guide-to-mining-ore-cryptocurrency-50c20dfa55d9) | [Official docs](https://ore.supply/about#intro) Explore ORE's unique position as a mineable asset in the Solana ecosystem.
Elephant Money Launches Dual Yield Vaults on DexFi
Elephant Money has launched two new yield vaults on DexFi platform - Based Financial and Flux Capital. The vaults form a unified strategy: - Based Financial: 133% APY, focuses on blue-chip assets - Flux Capital: 2,010% APY, targets high-performance pairs Both vaults automatically convert rewards into $WELEPHANT, enabling passive accumulation. The system uses AiLM on v3 AMMs to manage allocations across various pairs including WETH/WELEPHANT and ZORA/USDC. Key features: - 1% performance fee on harvested profits - Automated yield farming and reinvestment - Integration with Base blockchain ecosystem Learn more at [elephant.money](https://elephant.money)