- Llama (LMA) - Max Supply: 10 million - Distribution: - 56% LP rewards - 14% LMA/ETH LP rewards - 5% Treasury - 10% Advisors/Seed Investors - 15% Team - Distribution Vesting - Treasury: each block over 1 year - Team: each block over 1 year - Advisors: each block over 1 year - Initial Float - 5% of the supply will be received by LP in the first two weeks. The goal is to avoid a supply stretched too thin at launch - LP Rewards Mechanisms - 10% of the supply is given out on the first year after the initial two weeks period, inflation goes down by 15% every year after that - LP rewards have a vesting mechanism with 33% unlocking immediately and 67% unlocking six months later - LMA/ETH LP Mechanisms - 4% the first month, 10% for a year after that - Utility - Performance fee is distributed to LMA stakers for Curve and AAVE products - Trading fees from the traditional DeFi indexes - Liquidity rewards - Governance of the dashboard - Misc - Treasury will be held by multisig. Reward for community driven activities. Could be burnt too if so desired. - Farming rewards can be claimed via staking contracts. - LMA can be staked to receive protocol fees