AmateurFlix

Solend is, at the time of this post, paying ~51% APR on USDC in the TRUNK/USDC pool: https://solend.fi/dashboard?pool=616...fhr hUJsSPXHx

I've seen this jump around between ~8-260% over the last several days, 7 day average 78.83%. Expect it to settle down eventually as more users onboard, probably somewhere between 10-25%, which is still excellent for stablecoins.

All you do is supply the USDC and collect interest. Savanna Haus foundation is functioning as a market maker in the lending pool ($4 million budget) so there should be plenty of liquidity available. You can withdraw your funds at any time, provided the utilization rate permits it - but if it gets too high, you earn massive interest until someone repays their loan and provides exit liquidity for you.

This is another part of the Elephant.money ecosystem that I've been talking about for years. Hopefully some of you followed my other thread and have made some good returns with the ELEPHANT and FUTURES plays.

TRUNK is currently the hot token in the EM ecosystem, and it is the other token in this pool. You don't need to touch it if you just want the USDC play. You can however supply USDC and borrow TRUNK if you want to speculate on it; it is highly deflationary and is being used as a store of value token for the FUTURES offering, meaning every time someone deposits funds into FUTURES, TRUNK gets locked up into a "turbine" which retains 99% of the deposit year to year. The token has gone from ~$0.037 to currently $0.54 in about 2 months.

There are tons of other plays within Elephant money as well, these are the ones to focus on at the moment: TRUNK, FUTURES, USDC lending on Solend.

Feel free to post questions and I'll try to keep an eye on them. Don't let the fudders and bitcoin maxis scare you from earning profits - I've proven them all wrong already. Do use your own due diligence; while one of the safer plays in defi, there are still contractual risks so this probably isn't something you'd want to put your life savings into. Whatever you're comfortable with, there is plenty of time for it to grow.

https://solend.fi/dashboard?pool=616...fhr hUJsSPXHx
https://elephant.money/
https://t.me/elephant_money
https://medium.com/elephant-money
https://linktr.ee/elephant_money

The founder of Elephant.money is an MIT grad with 25 years of experience in FinTech, former CTO/COO Fidelity and State Street. Extensive experience with financial regulations, former colleague of Gary Gensler chairman of the SEC.

Savanna Haus manages Elephant.money as a DAO. Savanna Haus has recently retained legal service from Perkins Coie (yes, that one).

This project has been years in the making, there's been tons of opportunities to make early money with it, and it is just getting started.

Keep it fun, don't overextend yourself, but don't miss out

__________________
Why gamble with bitcoin bubbles, ponzies, and greater fool theory? Crypto has evolved!
Earn massive interest on USDC in DeFi lending pools!

jscott

Why you still pushing this scam dude?

These are words of a snake oil salesman:
(his sig)

Be VERY careful before listening to him or anyone saying similar things. When anyone mentions ridiculously high APR like he says 51% or 8-260% then you know it's a super high risk bet, gamble, scam. In order to get %'s that high there is incredibly high risk.

Buy Bitcoin & hold for years. Patience.

A.Flix, I hope you're being paid really well for selling out and promoting this garbage.

AmateurFlix

What the fuck is your problem you pathetic retard?

Did you not learn your lesson the last time you started these unfounded allegations and were publicly humiliated?
Did you not learn your lesson after you gave a slew of shit advice that cost anyone dumb enough to listen to you tremendous opportunity?

I am not being paid a cent for this. I am an investor, nothing more. You've been told this before, yet you persist in lying.
You are incapable of making your point and being honest.

A quick defi lending lesson:
This lending pool has two components, TRUNK (an Elephant.Money product) and USDC, which is essentially just USD on blockchain, very little risk, well collateralized.

TRUNK has been experiencing such a phenomenal rise in price lately that people are willing to pay very high APR's to borrow against it. So they're buying TRUNK, using it as collateral to borrow USDC, then using the USDC to buy more TRUNK (pushing the price up) and then they use the additional TRUNK and the resulting price gain to borrow more USDC.
Someone who merely lends USDC and doesn't buy TRUNK can enjoy the uber high APR's from the USDC pool with very little risk involved other than the contractual risk associated with any crypto.

It's worth noting that this savings & loan has gained over $50 million in investment in about a month. There are investors with much larger bags than anyone here putting money in it.

Ignore bitcoin maxis entirely, they are the dinosaurs of crypto and tend to be very ignorant of the rest of crypto as a whole. Bitcoin isn't a bad investment, but it's bitcoin-only advocates give bad advice as a rule.

There is no logical reason to limit yourself to one brand on blockchain when it competitors offer superior results

__________________
Why gamble with bitcoin bubbles, ponzies, and greater fool theory? Crypto has evolved!
Earn massive interest on USDC in DeFi lending pools!

jscott

Thanks for your unhinged response dude!

Now I see the light, now I understand, I agree this scam is a good scam, very interested in putting my savings into this incredible low risk high profits project!!!

I'M ON THE TRUNK TRAIN!!!

jk, gotta be an absolute retard to drop a penny into this shit.

This is a red flag:
they always boast about low risk & high payback. (same as Celsius, Blockfi, etc did)
careful out there ya'll, fuckers out there have no problem bleeding you dry.

AmateurFlix

You stalk me on this forum like some kind of obsessive homo, make baseless allegations and call me a scammer then wonder why you receive unpleasant replies

The underlying problem is, you are not intelligent.

You do not understand what you are talking about. You do not understand decentralized finance at all. You barely have any understanding of the wider crypto market at all. You seem to lack a fundamental understanding of the one coin which you do obsess over, preferring to play the role of wanna-be "crypto bro" rather than providing substantive information.

You criticize the offering I mentioned, calling the Elephant Money system some type of scam, yet you lack the technical understanding to comprehend that the very offer I mentioned does not even entail purchasing any tokens from that project; it is handled entirely by solend, the largest and most trusted lender on the solana network.

Those well publicized ETFs which arrived for bitcoin? They're also coming next week for Ethereum. Then they're coming for Solana. This project I mentioned is the 2nd largest lending pool on the Solana blockchain.

Get off your pathetic little crypto misinformation campaign already. Ethereum isn't a scam. Solana isn't a scam. Neither is the second largest lending pool on Solana.

Blackrock etc aren't investing in scam blockchains.

Average supply APR 7 day (USDC): 214.44%
The pool has gained nearly $10 million since my post yesterday.

https://solend.fi/dashboard?pool=616...fhr hUJsSPXHx

__________________
Why gamble with bitcoin bubbles, ponzies, and greater fool theory? Crypto has evolved!
Earn massive interest on USDC in DeFi lending pools!

bmwracer41

bro- i dont know you from adam, but reading this, i only say, this is an adult webmaster forumn, you dont have enough sense to realize this would raise eyebrows ???

We dont need an advisory service for btc , so if you dont think you sound shady af , your not the sharpest knife in the kitchen

go promote your crap elsewhere

do you think you are bringing any value to this community

@jscott is 1000000 % on point


wake up

__________________
Label Dollars-Top Converting Games

AmateurFlix

yeah jscott is your "advisory service for btc", I am not advising anyone about btc.

it's always been the case that ignorant clowns push the pageviews on this forum. so thank you for that, keep it coming.

anyone who's serious about doing their own due diligence in DeFi isn't going to consider the uninformed opinions of bitcoin maxis, but they are going to find an amazing gem.

whether you choose to turn this information into value is entirely your responsibility. no one but you can decide to bring that value to yourself

__________________
Why gamble with bitcoin bubbles, ponzies, and greater fool theory? Crypto has evolved!
Earn massive interest on USDC in DeFi lending pools!

jscott

Hey AmateurFlix, a lot of my friends are here on GFY and although they're not dumb enough to buy into this scammy shit you're promoting you might be able to convince others, and I'll always be right here calling you out for it.

Don't be mad dude, be better, and quit this shit. Promising or even suggesting "LOW RISK HIGH PROFITS" is a huge red flag.

I get it, you suffer from BDS, but not to worry, when the shit you're promoting finally fails you'll always have BTC to fall back on, it'll continue existing as it always has, unlike the LRHP trash that comes every bull cycle.

ps.,
Have you managed to convince anyone yet? Out of curiosity how many refs do you have?

Yup, thanks for mentioning that angle @bmwracer41, that he's trying to promote this super high risk crypto trash on a webmaster forum. So weird that he's doing it, so spammy & irrelevant.

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