LlamaWorking Groups are the Scaffolding: A Foundational Approach to Sustainably Scaling DAOs
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...
LlamaNouns: 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...
LlamaIntroducing 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...
Governance for Onchain Organizations
LlamaWorking Groups are the Scaffolding: A Foundational Approach to Sustainably Scaling DAOs
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...
LlamaNouns: 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...
LlamaIntroducing 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...
Governance for Onchain Organizations
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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 transparently govern over a shared pool of resources, i.e. a community treasury. Over the past year, Llama has worked with some of the most prominent DAOs including Aave, Uniswap, Gitcoin, PoolTogether, Fei Protocol, Index Coop, FWB, among others. We’ve helped them develop treasury strategies, design liquidity programs, construct on-chain indices, and build dashboards and financial reports.
Through our work, we have established best practices for DAO to DAO relationships. We do not view ourselves as external parties, but rather as active contributors within the DAOs we work with. While the boundaries of a B2B relationship are strict, the boundaries of a D2D relationship are fluid. We encourage our community members to own our partners’ native tokens and be active participants in their governance programs. A Llama <> Aave treasury working group should attract the best within both Llama and Aave to help allocate Aave’s treasury effectively.
Contributors are at the heart of what makes Llama special. We have 35 contributors who operate by a set of shared values:
Pack animals: Llamas trust each other and generously give credit where it’s due.
Experimentation: Llamas move fast and experiment.
Optimism: Llamas believe that the future is malleable. Anything that isn’t impossible according to the laws of physics is possible with sufficient knowledge.
Rigor: Work done by llamas is of the highest quality.
We continuously monitor community health by tracking various KPIs. DAOs enable fluidity of contribution and collaboration, which means it’s often much easier to attract top talent than it is to retain it. Our metrics include:
% of contributors who are active
% of contributors retained after 3 months
Time between joining & first contribution
Time between contribution & payment
To date, our focus has been on customized treasury solutions. This has allowed us to identify generalizable problems across communities and develop frameworks for important treasury actions such as stablecoin diversification, liquidity incentives, token swaps, and more. We are now building workflows that enable communities to allocate their treasuries effectively and assess results. We are building economic infrastructure for DAOs.
As Llama enters a new chapter, we want this new direction to be reflected in our visual identity. We worked with VectorDAO to refresh our brand, color palette, and website.
Treasuries require innovation, not just management. Rather than sitting idle, they should be used to catalyze growth, sustain communities, and advance the DAO economy. We are building infrastructure that unlocks this potential.
We are growing our full-time team, our community, and the DAOs we work with.
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 transparently govern over a shared pool of resources, i.e. a community treasury. Over the past year, Llama has worked with some of the most prominent DAOs including Aave, Uniswap, Gitcoin, PoolTogether, Fei Protocol, Index Coop, FWB, among others. We’ve helped them develop treasury strategies, design liquidity programs, construct on-chain indices, and build dashboards and financial reports.
Through our work, we have established best practices for DAO to DAO relationships. We do not view ourselves as external parties, but rather as active contributors within the DAOs we work with. While the boundaries of a B2B relationship are strict, the boundaries of a D2D relationship are fluid. We encourage our community members to own our partners’ native tokens and be active participants in their governance programs. A Llama <> Aave treasury working group should attract the best within both Llama and Aave to help allocate Aave’s treasury effectively.
Contributors are at the heart of what makes Llama special. We have 35 contributors who operate by a set of shared values:
Pack animals: Llamas trust each other and generously give credit where it’s due.
Experimentation: Llamas move fast and experiment.
Optimism: Llamas believe that the future is malleable. Anything that isn’t impossible according to the laws of physics is possible with sufficient knowledge.
Rigor: Work done by llamas is of the highest quality.
We continuously monitor community health by tracking various KPIs. DAOs enable fluidity of contribution and collaboration, which means it’s often much easier to attract top talent than it is to retain it. Our metrics include:
% of contributors who are active
% of contributors retained after 3 months
Time between joining & first contribution
Time between contribution & payment
To date, our focus has been on customized treasury solutions. This has allowed us to identify generalizable problems across communities and develop frameworks for important treasury actions such as stablecoin diversification, liquidity incentives, token swaps, and more. We are now building workflows that enable communities to allocate their treasuries effectively and assess results. We are building economic infrastructure for DAOs.
As Llama enters a new chapter, we want this new direction to be reflected in our visual identity. We worked with VectorDAO to refresh our brand, color palette, and website.
Treasuries require innovation, not just management. Rather than sitting idle, they should be used to catalyze growth, sustain communities, and advance the DAO economy. We are building infrastructure that unlocks this potential.
We are growing our full-time team, our community, and the DAOs we work with.
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