Llama Delegate Platform

Delegate Name: @Llama
Email: governance@llama.xyz
Website: https://llama.xyz/
Delegate Address: 0x5b3bffc0bcf8d4caec873fdcf719f60725767c98


Llama works with DAOs on protocol engineering, treasury allocation, and analytics. Our partners include Aave, Nouns, Uniswap, dYdX, Lido, Gitcoin, Maker, Radicle, PoolTogether, and FWB. We have implemented protocol upgrades, built treasury strategies and liquidity incentive programs, created bidding interfaces and on-chain indices, and built analytics dashboards and financial reports.

Our Values

At Llama we believe in being open, building trust through collaboration and realizing possibilities together as a team. Our values are at the center of everything we do. They shape how we act with each other, our partners and help us to achieve our vision of helping communities realize their full potential.

Our foundational beliefs, reflect our values:

  • Rigor. Work done by Llama is of the highest quality. We care deeply about getting the details right.
  • Ownership. We treat the problems of our customers as if they were our own. There is little to no separation between Llama and the DAOs we work with.
  • Trust. We seek to actively earn the trust of our customers. We involve the community in our work and incorporate feedback where relevant.
  • Transparency. We believe in open lines of communication and are comfortable working in a DAO-native manner.

Previous Work with Interest Protocol

A selection of our work with Aave includes:

Delegate Statement

Members of Llama have executed more than 100 meta-governance proposals and have a deep appreciation for community engagement and understanding the nuances of DAO governance. We intend to be an active, reliable and an impactful delegate. With input from members of various DAOs across DeFi, will provide a high context, unique perspective whilst being active in the community and contribute towards achieving the DAO vision/goals.

Our primary goal is to actively help communities achieve their ambitions. We intend to collaborate with other members of the community to help grow Interest Protocol’s adoption, evident by presenting three proposals to date. This ongoing contribution is great for maintaining a high level of context that is needed to be an effective delegate.

Interest Protocol has demonstrated the ability to onboard collateral types and other upgrades faster than other Lending Protocols. Optimistic governance enables the community to ship upgrades efficiently, there are simply less steps in the process to comply with. This places great importance on delegates and large voters within the community, as down voting attendance is required to prevent upgrades from being implemented. Llama commits to being an active contributor in the community and voting to support the community achieving their ambitions.

Operational Implementation

As one of the most active participants in protocol governance, we hope to bring a similar level of rigor and expertise to the Interest Protocol ecosystem as we have with other protocols.

Within the Llama discord, we have a bot which posts each Interest Protocol vote. Community members can discuss how to vote before selecting a symbol representing their voting preference. If the vote receives the majority thumbs down, the Llama delegation will vote to oppose the proposal. Similarly, if a proposal receives majority thumbs up, we will only vote if the upgrade requires FOR votes to be implemented. The execution of the vote is something only a select few members of the community can execute.

Conflicts of Interest

Llama is the home of DAO contributors and has several teams of contributors supporting various initiatives. We have many contributors that are intimately aware of the complexities of DAO governance across many communitie.

We view our experience with other DAOs as beneficial to the Interest Protocol community. Our contribution across many communities, enables us to provide a unique and knowledgeable perspective.

Llama is currently a Delegate within the Balancer, Aave, Uniswap, Index Coop and Maker ecosystems.

Policy for handling conflicts of interest when they arrive

As Llama is a contributor to other DAOs, if a conflict of interest were to arise, we will abstain from that particular vote.

In the event that governance cannot reach quorum because of Llama, we will encourage the team, investors, and others to re-delegate to other delegates.

Authorized Representatives

In supporting the Llama <> Interest Protocol collaboration, Llama provides a team consisting of Developers (frontend, backend, solidity etc…), Accountants, Fund Managers and Business Analysts. For ease of communication, please reach out to the following designated points of contact:

  • Matthew Graham via legal entity Decentralised Finance Advisory Services Pty Ltd

Mechanical Engineer with 12+ years of heavy industry experience, bachelor degrees in Mechanical Engineering, Investment Finance and Corporate Finance. Published numerous governance proposals across DeFi with a good understanding of DeFi legos, risks, governance, value flow (tokenomics) and fund management.

Discord: Matthew_Graham#9177 Forum: @Matthew_Graham Telegram: Matthew_Graham Email: matt@llama.xyz

Chartered Financial Accountant with the ICAEW. 6+ years of accounting and financial management experience in the Big 4. Head of Financial Operations at the Index Coop and Lead Financial accountant at Llama. Actively involved in crypto since 2019, DeFi user and investor.

Discord: Elliott#3821 Forum: @Elliott Telegram: elliottwatts Email: elliott@llama.xyz


Please indicate your monthly activity on your delegate post here.

Here are the requirements for compensation.

Compensation Eligibility:

  • Communicate on the IP forum how and why a delegate voted the way they did within seven days of the close of a vote (minimum 90% of the time) in their dedicated delegate thread.
  • Command voting weight greater than or equal to 1 basis point of the total IPT supply
  • Participate in at least 90% of all on-chain IP votes within the previous 90 days
  • The Recognized Delegate (or one authorized representative if a team or institution) must attend at least one public protocol development call each month

We have booked the date for the first monthly call for delegates on Feb 10, please check discord for the event post, which will indicate the meeting in your local time…