Title: Balancer DAO <> Llama
Discussion: Llama Delegate
Authors: @Matthew_Graham, @MrMadila, @defijesus.eth, Austin, Shreyas and @0xrajath
Created: 28.07.2022
Llama
Introduction
Llama is the leading governance contributor for DAOs, working on protocol engineering, treasury allocation, and analytics. We have implemented protocol upgrades, designed treasury strategies and liquidity incentive programs, and built financial dashboards and reports.
Our freshly created veBAL snapshot profile:
0x64cc60a9F6F97ddCb8ac1378dA9390b85Be6dA37
Llama members have read and understood the Delegate process: Yes
Llama members understand that becoming a delegate is a significant commitment: Yes
Our Reasons For Wanting To Be A Delegate
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. Llama intends to be an active, reliable and an impactful delegate. Llama, 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. With so many Balancer v2 deployments, there is no shortage of opportunity and there is plenty that can be done to help grow the Balancer ecosystem. In helping grow the DAO’s revenue, Llama will encourage and support other communities to build on top of Balancer. Members of the Llama team are already working with Balancer DOA, have deployed liquidity pools on Polygon and would like for Llama to be a trusted delegate within the Balancer community.
Our View On Fernando’s Vision For Balancer
Fernando’s vision for Balancer is excellent. Balancer v2 offers a lot of added functionality and customisation that other DEXs do not offer. Balancer v2 can be used as a DEX and as an asset management platform which is something other DEX dApps are unable to offer. Llama wants the Balancer dApp to become the base layer that others build on top of because it offers the best User Experience.
For Balancer DAO to reach this objective, Balancer dApp must offer a User Experience that competes/betters other DEX’s. A better UX will lead to Balancer gaining a larger share of the DEX market and with all the Asset Manager features, the dApp will truly blossom.
It is great to see Balancer v2 launched on Mainnet, Polygon, Arbitrum and now Optimism. Llama hopes the DAO continues to deploy on other networks and even one day enable Users to perform a swap on one network utilising liquidity from another network. Aave v3 is moving in this cross chain transfer direction and an omni network DEX would be a first. Enabling liquidity to move between networks whilst remaining within Balancer pools will enable new types of financial products to be built on top.
Forming strong relationships and a vast network within DeFi is critical to creating growth opportunities through collaboration. Supporting projects via the Grants DAO is a great way to encourage collaboration and the new veBAL tokenomics provides a means of further encouraging Users to adopt/interact with the Balancer dApp. The design surface area with many v2 deployments and new pool types is extensive, and encouraging communities to build on top of this new infrastructure is fantastic for the long term growth prospect of Balancer DAO.
Our Web3 Interests
Llama is already proactively working with partners to bring new opportunities and new sources of revenue to the community. We will be active in governance decisions across several communities and will be focused on identifying new use cases, opportunities in driving growth to our partners.
Languages Llama Speak/Write
Members of Llama speak/write the following languages to various degrees of fluency.
- Italian
- Spanish
- English
- Portuguese
- Chinese Mandarin
- Hindi,
- Kannada
- Tamil
Our Values
At Llama we believe in being open, building trust through Llama collaboration and realising possibilities together as a team. Our values are at the centre of everything we do. They shape how we act with each other, our partners and help us to achieve our vision of helping communities realise 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 in anything we do: smart contracts, governance forum posts, or analytics dashboards. .
- Trust. We seek to actively earn the trust of the DAOs we work with. We involve the community in our rationale and progress and incorporate feedback where relevant.
- Transparency. We believe in open lines of communication and are comfortable working in a DAO-native manner.
The Team
There are numerous other contributors to Llama, some contributing to the Balancer ecosystem and others contributing to other leading DeFi communities like Aave and Maker.
The names below reflect those who wish to share their background/involvement on the forum, who are also founding members of Llama and intend to contribute to the Balancer ecosystem.
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Matthew Graham(Matthew_Graham on the forum, Matthew_Graham_ on Twitter). Mechanical Engineer with 12+ years of industry experience, bachelor degrees in Mechanical Engineering, Investment Finance and Corporate Finance. Published numerous ARCs with a good understanding of defi legos, risks, governance, value flow (tokenomics) and fund management.
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DefiJesus (defijesus.eth on the forum, eldefijesus on twitter). I am a Software Engineer with 10+ years of building products from zero to one and I have been over 1 year full time working on the EVM. I contribute at Llama, founded the Buzzed Bear community and also an Index Coop Owl. I am currently writing the payloads for listing DPI and DAI on the Aave Arc market, along with several other assets on Aave v2 on mainnet.
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MrMadila - (mrmadila on the forum, mistermadila on twitter). 10 year Tradfi background in prime brokerage, asset management, stock loan and operations. Defi UX Maxi and Index Coop core contributor leading or co leading treasury, growth and liquidity since 2020.
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Rajath Alex (0xrajath on the forum, 0xrajath on twitter) Rajath is a Founding Engineer at Llama. Prior to Llama, he was a Senior Software Engineer at Chainalysis in the protocol team where he led the engineering and data efforts for adding assets, protocols and blockchains to the Chainalysis platform. His domain expertise resides in Smart Contract Engineering and Data Engineering with respect to EVM blockchains.
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Austin (AustinGreen on twitter). Co-founder of Llama, solidity engineer, previously senior software engineer at Chainalysis. Has smart contracts via Aave governance.
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Shreyas Hariharan (HelloShreyas on Twitter). Co-founder of Llama, lead at Aave Grants, has worked on treasury strategies for Aave, Uniswap, and Gitcoin, previously led crypto efforts at Duke’s endowment.
Snapshot Profiles:
Previous Improvement Proposals
The below provides a list of previous governance submissions that members of Llama have been involved in / implemented.
[Proposal] Onboard Fire Eyes DAO as Strategic Partner
[Proposal] Authorize Treasury subDAO to Allocate BAL to Turbo
[Proposal] Governance Process Revamp 2.0 1
[Proposal] Commission quarterly financial reports through the Messari Hub
[Discussion] Boost the wETH:wstETH Pool
[Proposal] Whitelist Index Coop’s Investment Account Gnosis Safe for Balancer’s VotingEscrow
[Proposal] Strategic Partnership with Aave DAO
[Proposal] Whitelist the Aave Mainnet Reserve Factor for Balancer’s VoteEscrow
Do note some proposals are submitted by Llama contributors whilst contributing at other DAOs.
Liquidity pools deployed by members of Llama:
Delta Neutral ETH pool
Delta Neutral MATIC pool
Delta Neutral wBTC pool
Other Partners
Llama has expressed a desire to support the Aave DAO, Maker DAO, Balancer DAO and Index Coop communities. All of these DAOs are already working with Balancer DAO in some capacity with the exception of Maker. All of Llama governance participation is public and we will abstain from voting if ever a conflict arises.
Delegation
If anyone would like to delegate to Llama, please use the following delegate address: 0x64cc60a9F6F97ddCb8ac1378dA9390b85Be6dA37.
Copyright
Copyright and related rights waived via CC0.
