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# System prepended metadata

title: Docs

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![](https://i.imgur.com/wMxn8w4.jpg)


# Docs

### OVERVIEW

The Llamas is the social layer and cultural flywheel of the Curve ecosystem — created to be a neutral, community-led entity that onboards new contributors, rewards the existing community, and empowers coordination across the many DAOs and protocols of the ecosystem.

The Llamas are digital collectibles that act as a digital identity to track and reward positive-sum actions, both on-chain and off. These tokens will allow users to create and curate an on-chain reputation, earn yield, and keep talent in the ecosystem. 

The Llamas is a yield-flow experiment to strengthen the connective tissue of CurveDAO and all of DeFi. And ultimately, with your help, we will create a digital, anonymous workforce.


### INITIAL LLAMA ALLOCATION

![](https://i.imgur.com/XBfQ3N5.png)

HOW TO BUY
1. Connect to eth mainnet
2. Mint at address [tbc]
3. Purchase on secondary markets

Mint rollout:
1. Treasury and team mint.
2. Llamafriends mint at .1 eth.
3. Whitelisted auction starts at .1 eth. This will be a [Nouns](https://nouns.wtf)-style auction and will be gated for whitelist holders and llamafriends only.
4. The public auction will also be Nouns style and will begin right after the wl auction. It will begin at Curve Central Time (UTC+1).


>Please note: We will target each major time zone with the auction cadence — USA, Europe, Asia. There will be multiple Llamas auctioned in each timeslot. Whitelist auction and public auction will last for approximately one month. 


### CONTRACTS

TBD 

### TREASURY

Proceeds from the mint and volume from a 5% trading royalty will be used to create a yielding, community-owned treasury made up of Curve-ecosystem assets. The Llamas will govern and control this treasury. It will be compounded until the release of v2 when badge gamification and yield payouts begin.


Gnosis multsig address: 0x73Eb240a06f0e0747C698A219462059be6AacCc8

controlled 3/5

>Panda
Hawth
TommyG (Votium)
Knows (Llama Risk)
Fiddy (Curve)

>The multi-sig and greater Llama team will guide treasury stategy until v2 when governance goes live. 

>The multi-sig will use funds, at its discretion, for audits and initial operations.

>The multi-sig will be able to call harvest function on the harvest contract. 

The multi-sig aims to be a temporary entity that will be upgraded to a DAO at a later time. The DAO will be onchain and will be controlled by upcoming L1/L2 systems as they become available.

#### GRANTS AND ECOSYSTEM INTEGRATIONS

Llamas will deeply integrate within the Curve ecosystem, through both action and investment. We will pursue grants from ecosystem protocols and DAOS, as a way to further decentralize our treasury, revenue, and community. 

Any grants will lock be locked in the yielding ecosystem asset for perpetuity. This yield will also be passed through to Llamas in v2.

>Revenue Sources: Mint and auction distribution / 5% swap royalties / locked grants / protocol-owned Llamas (POL) yield strategies / v2 badge marketplace / Llama workforce platform.


## ROADMAP

### VOTING

We plan to offer a simple one Llama, one vote policy as we decentralise Llamas over time.

>The Llamas will control the treasury, its strategies, proposals from CurveDAO (includuing gauge weights).

>Please note: Up to 10% of the Llamas gauge-weight voting will be for reserved for Vyper development and other ecosystem-building actions.  

### BADGES

Badges are a gamified yield mechanism that rewards targeted action. Users will complete tasks, contribute to the Curve ecosystem and earn a heavier weight in monthly yield available to every Llama in the form of CRV. 

>Badges will be bound to an address. Users will not receive yield without holding a Llama. Some badges will be lifetime weight boosts, while some will decay over the monthly yield epoch.

Our mission is to support Curve and positive-sum actions within the Curve ecosystem. Our voting will reflect that spirit. We will vote for key-ecosystem pools, Vyper develpoment, and the pools of respective on-boarded partners.

>We will launch immutable contracts in v2 and will apply for a whitelist from the CurveDAO in order to directly lock our treasury’s CRV in The Llamas contract.

**Yield Flow:**
50% of yield goes to Llamas
50% of yield goes to compound and grow treasury

>As the treasury grows, the protocol will decrease the flow of yield used for compounding and send it to the Llamas.  

Users who have held their Llamas for one month will gain their share of CRV, based on their badge inventory. Yield flows to the Llama, not the address, so yield can be stacked. There is no timeline on claiming your yield. Yield will be distributed via merkle root to each Llama and will be claimable on our site.

### LLAMA WORKFORCE

Once badges have been introduced, a jobs marketplace will be launched shortly thereafter. This marketplace will be a permissionless lego built ontop of Llamas that allows anyone to fund a badge, add their own task, and reward a Llama who completes the task.

>Badges will begin to act like a two-way reputation system. To protect all parties in the process, Llamas will whitelist initial badge partners. 
>
>As specialties of respective Llamas become clearer, targeted badge opportunities can be granted to the right Llama for the job.

A small percentage of each job posted will be taken by The Llamas to grow the treasury and give more yield to the entire community. 
