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Dec 8

Introducing Upgradeable Llama NFTs: On-Chain Credentials for the Llama Community

Yesterday, in partnership with Metagame, we launched a collection of upgradeable NFTs for members of the Llama community. Llama contributors will be able to mint their NFTs on the Llama platform. Today, we’d like to share some more about how the NFTs will work and what they could unlock for our community.At first glance, Llama NFTs may look like simple, static PFPs, but they represent much more than that. They serve two primary purposes:Representing membership in LlamaRepresenting contributio...

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Nouns: Treasury Allocation and its Effectiveness

Working Groups are the Scaffolding: A Foundational Approach to Sustainably Scaling DAOs

Working Groups are the Scaffolding: A Foundational Approach to Sustainably Scaling DAOs

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Introducing Upgradeable Llama NFTs: On-Chain Credentials for the Llama Community

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The Great Convergence: $GHO and the Story of the Five Old Kings

Private Rounds or Public Auctions? Fundraising in the Age of the DAO

Private Rounds or Public Auctions? Fundraising in the Age of the DAO

DAOlitical Parties and DAOliticians: A Future in the Metagovernance World

DAOlitical Parties and DAOliticians: A Future in the Metagovernance World

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Blog iconLlama
Sep 2
The Great Convergence: $GHO and the Story of the Five Old Kings
Written by @LucaProsperi and originally published on Dirt Roads.The River, the Pond, and the Lake of LegendsMoney stopped flowing through the gates and the ecosystem is changing. Those that perfected the catching net for the tumultuous rivers of 2020 might not be the ones that will master the placid lake, or better smelly pond, that is late 2022 DeFi. DeFi liquidity, that almost reached $200b at the beginning of 2022, now lingers around $60b—source DefiLlama, and doesn’t show signs of improve...
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Blog iconLlama
Aug 4
Nouns: Treasury Allocation and its Effectiveness
Written by Sov with help from Zareef Anam TLDR: Nouns has allocated 14,835 ETH since inception across 292 proposals via on-chain governance, Prop House, and small grants. 61% of these proposals have been completed, 37% of them are in progress, and 2% were incomplete*. While the ROI of specific allocations is difficult to measure, Nouns’ bid price, number of unique bidders, and treasury growth has held up over the past year. Number of proposals and ETH allocated by category:Completion rates of...
Designing a Nounish DAO: Analysis of Auction Frequency
Blog iconLlama
Jul 21
Written by gumfather (@_gumfather). Analytics help from notawizard.eth (@0xdoing)IntroductionNouns is an NFT project on the Ethereum blockchain. Launched in August 2021, it has grown into one of the most exciting experiments in community formation and governance in DeFi today. While there are many unique aspects of the Nouns project, perhaps the most iconic is its distribution mechanism: exactly one Noun is auctioned per day in perpetuity, with the proceeds flowing directly to the community t...
Extending Nouns Through Invisible Traits
Blog iconLlama
Jun 30
Written by Austin Green (@AustinGreen)Nouns is an Ethereum-based NFT project with an innovative structure. Rather than having a fixed supply of ERC-721 tokens that are distributed upfront, 1 Noun is generated every day and auctioned off to the highest bidder. The proceeds from the auction go to a treasury that is governed by the holders. This interplay between the Nouns auction, treasury, and governance is one of the most exciting DAO experiments. It's a great example of how properly des...
Deeper Data, Dune and Beyond: On-chain Analytics with Llama
Blog iconLlama
May 26
Written by scottincrypto (@scottincrypto).As Llama builds and implements economic infrastructure for DAOs, it’s vital to have a robust source of data from which communities can create reports and assess the results of Llama’s treasury actions. Llama seeks to make its reporting and analytics as accessible as possible by abstracting away the difficult parts of the analysis. After all, what good is open, on-chain data if it’s not accessible? For good reason, the weapon of choice for this reporti...
Private Rounds or Public Auctions? Fundraising in the Age of the DAO
Blog iconLlama
Apr 28
Written by Jordan Stastny (@jstastny101) and Sam Bronstein (@Sam_Bronstein).A lot has been written about the importance of diversifying DAO treasuries in the name of liquidity/capitalization. Today, let’s talk about some of the methods DAOs with publicly traded governance tokens might utilize to raise capital. Specifically, we’re going to focus on the pros and cons of private versus public capital and three specific structures for public capital auctions [1]. Something to note: these are all ...
DAOlitical Parties and DAOliticians: A Future in the Metagovernance World
Blog iconLlama
Mar 31
Written by 0xkydo (@0xkydo).Metagovernance will give birth to a new political system.IntroductionMetagovernance has been a recurring topic in the discussion of governance in different crypto protocols. In this article, we will define metagovernance as holding one DAO’s token in order to influence decisions in another DAO(s). This definition is borrowed from this post. Metagovernance is possible because of on-chain composability between protocols. One protocol could acquire voting power in ano...
Working Groups are the Scaffolding: A Foundational Approach to Sustainably Scaling DAOs
Blog iconLlama
Feb 28
Written by Yuan Han Li (@yuan_han_li) and BraveNewDeFi (@bravedefi). There has been a cascade of talent flowing into DeFi in the last year. The DAO structure provides community members and contributors alike with greater autonomy and the freedom to work without the hindrance many of us have experienced in traditional workplaces that depend on cubicle culture and a panopticon-like approach to supervision. Many DAOs are trying to onboard more non-technical contributors and scale their communiti...
DAO Strategic Partnerships: A Community-Centric Approach
Blog iconLlama
Jan 31
Written by: Daniel Schlabach (@dmschlabach) and 0xJosh (@0xJosh_). The overwhelming majority of DAOs hold over 90% of their treasury in the native tokens. While this demonstrates conviction in the future of the token, it also poses serious risks to the DAO, hampering its ability to make reliable budget projections and to fund innovation and ongoing operations. There are many ways a DAO can get access to stablecoins. These include selling native tokens in the open market for stablecoins, excha...
Economic Infrastructure for DAOs
Blog iconLlama
Dec 23
Written by: Shreyas Hariharan (@HelloShreyas). More complex behavior has moved to the digital world, but our tools to coordinate in a digitally-native way haven't evolved at the same pace. DAOs are the defining coordination mechanism of humanity. They champion values of decentralization, programmability, and community ownership. Llama aims to be at the forefront of this innovation by building infrastructure that helps DAOs flourish. DAOs enable communities to encode decision-making and t...