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Elephant Money Ltd
Information by Research TrustFinance
Elephant Money is a decentralized finance (DeFi) protocol that aims to create a sustainable, high-yield financial ecosystem. Its mission is to provide a voluntary, sustainable, and permissionless global economic engine. The protocol operates with a dual-token system: the ELEPHANT token, which functions as a store of value, and the TRUNK token, a partially-collateralized stablecoin. The system is supported by a treasury, known as "Bertha," which captures value from the protocol's various functions (like transaction taxes) to strengthen the ecosystem and provide yield to participants through staking and bonding mechanisms.
United Kingdom
Industry
Crypto
Financial