Furio: the drama free Crypto Defi Yield project
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NOTE: Not Financial Advice (NFA): At this moment, I believe Elephant Money is a more sustainable, more profitable place to put your investment dollars. Use my Partner Network ID to save on transaction taxes: https://elephant.money/partner.html?ref=0xA1d91d85667a09e4Aa59D1b3f38106c5E4B8bDBb
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I remember what BankTeller, founder of Elephant Money, said in an AMA. Elephant Money, as a project, was striving for something similar to Balancer. That the Balancer team, and project, were nearly drama-free.
Balancer was a simple concept — making money through balancing LPs and allowing stakers a way to earn yield.
Simple.
BankTeller premised Elephant Money on similar ideals: A Crypto Bank that has similar offerings as a bank — nothing more, nothing less.
- Stampede for Money Market-like functionality as a high yield low risk product.
- Trunk as a savings account, withdrawable at any time.
- Elephant Money as a Bitcoin-like token, except that it also formed 25% of the Trunk stablecoin, adding functionality to it, not just as a speculative investment like BTC.
