TRUNK Token Supply Shock Due to Futures V10 Update?
This video goes into detail about TRUNK token's price appreciation and how Futures v10 will help remove the token from circulation. Trunk is now available on Solana chain via Wormhole and will eventually go over to Coinbase's Base chain as well. Futures v10 will introduce a Bitcoin Turbine and Rainy Day fund as well.
The TRUNK and BTC turbines will accumulate those price appreciating assets to support the Elephant Treasury, Bertha, with a 1% APR outflowing from them to buy $Elephant token. The Rainy day fund will allow participants to withdraw up to 10% the total fund size for $0.50 of $1, i.e. if $500 is withdrawn, the Total Value will drop by $1000.
Existing TRUNK on BSC can be bridged via wormhole to strengthen supply and liquidity on Solana chain. Liquidity Pairs can be added to Raydium or Meteora to farm trading fees.
For more information on how to bridge TRUNK token over to Solana, watch the following video: • Trunk on Solana | Bridge, Create LP, DCA T...
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