Elephant Money

**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 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 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)

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.

Elephant Money has announced the retirement of its Buy With Bertha discount program on BNB Chain. Moving forward, all $ELEPHANT transactions will include a 10% reflect tax, aligning with the project's original vision. Key updates: - Current liquidity: $37M - Market cap: $42M - Status: Largest on-chain reflect token across all blockchains The transition aims to strengthen long-term holder alignment through automatic redistribution mechanics. Every transaction will now contribute to existing holders via the reflect tax system. This follows ELEPHANT's recent growth metrics: - 101% increase over past year - Outperformed 73% of top 100 crypto assets - Weekly $1000 rewards program for new wallets

**Key Protocol Changes:** - TRUNK/BTC turbines (1% APR drip) now function as slow-burn addresses, protecting ~8% of supply - Supercharger holds 2.99M TRUNK ($448K), will help unlock $2.3M in Save.Finance - Legacy ELEPHANT Treasury ($36K) being retired; new system pays stakers directly via TRUMPET - Protocol moving to zero-maintenance model on BNB/SOL chains - All value now stored in LPs ($40M+) instead of treasuries - Protocol fees exclusively build locked TRUNK/ELEPHANT LP **Impact:** Elephant Money reaches final form with deep liquidity and autonomous operations. Focus shifts to NFTs and TRUNK accumulation.

Elephant Money has launched its NFT marketplace in collaboration with NFTScan.com, marking its entry into the mainstream NFT space. The platform aims to put control directly in the hands of community members. In related news, a 0.3 ETH donation was made to Unchain Elephant through funds raised by the Animal Remix gallery. Users can continue supporting elephant conservation by creating and minting artwork through the Coinbase Wallet NFT gallery. - New marketplace live at nftscan.com/marketplace/Elephant Money - Community-driven NFT ecosystem - Conservation efforts supported through NFT sales

Elephant Money has announced that Unlimited 2.0, an upgrade to their yield-bearing NFT platform on BNBChain, is in final stages of development. Key points: - Platform upgrade confirmed to be near completion - Will affect FUTURES and Elephant Money Unlimited NFTs - Aims to improve sustainability and long-term profitability The team indicates more detailed information will be released soon. This update follows earlier announcements about changes to the FUTURES system.

The Elephant Money Futures platform is transitioning to Unlimited 2.0 after a successful 651-day run that generated $28M in profits for participants. Key stats: - $40.13M total deposits - $68M paid out to participants - 3,998 total wallets - Average ROI of 45.8% The platform will convert user TVL balances to Unlimited NFTs at $350 per NFT. The new system will pay staking rewards in TRUNK via TRUMPET, consolidating the ecosystem around a single token. Migration deadline is set for November 1st, 2024.

A recent video update highlights the price movements of $GNME and $SUI cryptocurrencies. This follows a previous report on the same tokens, indicating ongoing interest and volatility in these assets. - $GNME and $SUI have shown notable price action - The update is part of a series tracking these specific tokens - Previous content also covered $CETUS and $TRUNK - Total crypto market capitalization was discussed in earlier reports *Note*: Cryptocurrency markets are highly volatile. Always conduct thorough research before making investment decisions.