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# System prepended metadata

title: Untitled

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- 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
