Elephant Money: Track My Investment June 3

Drip Strategy
2 min readJun 3, 2022

Hello again!

Here is the latest update on my investment performance. If you want some explanations on what the heck I am doing with Elephant Money, just check out the first update I posted here.

Let’s take a look at a long-term view of my progress, and see how far away I am from hitting 0% ROI:

Not much difference from last week. I did manage to break past the -70% ROI range. The blue line is crawling up like an inchworm, slowly but surely.

For the last month, the actual APR has been higher than the 65% APR of the model. So, maybe we will see the blue line cross the red line in the future.

Below is a chart of the TRUNK staking APR at the time of my claim/stake/rolling sequences:

TRUNK staking APR should be higher with more TRUNK minting, which is why I think the staking APR more or less flatlined over the last week. It will be interesting to see how the staking APR evolves over time. More users staking should mean that the APR lowers, effectively diluting TRUNK stakers. On the other hand, more users being onboarded and minting may see the TRUNK staking rewards pool grow as well.

I hope you enjoyed this week’s update on my investment performance. Interesting times ahead!

My Twitter, Youtube, and Telegram links are posted here: https://linktr.ee/dripstrategy

If you enjoyed my article about Elephant Money, I would appreciate if you used my HERD partner address to sign up: 0xa5254C2Ad5a59e716cbf015B7b910e605ee30804

Unlike DRIP, the partner address can be changed at any time, and the overall referral system is single level and similar to Amazon or Tesla’s affiliate system.

Thanks and have a nice day!

-DripStrategy

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