LlamaPay is live!
LlamaPay automates salary txs, streaming them by the second so employees can withdraw whenever they want and you don’t have to deal with sending txs manually.
Go to to use it now!
Features 👇
5/ A proposal must receive at least 55% approval with 55% quorum to be considered successful.
@Llamapay_io
will be used to distribute all funding. Only wallet addresses included in the application can be paid.
📢 A new governance proposal has been created: Ecosystem Support Vault
As part of Fantom’s continuous evolution toward decentralization, this proposal empowers the community of validators & stakers through an on-chain Ecosystem Support Vault.
Vote open👇
Introducing automated withdrawals and redirects for LlamaPay!
Our users have enjoyed the ability to claim their salary whenever they want unrestricted from traditional pay schedules.
Now they have can automate their withdrawals and redirect their salary to another address!
It has been just over 40 days since we have launched LlamaPay to the public and since then have reached over $2.4 million in Total Value Locked!
Here's a breakdown on LlamaPay usage and how we got here:
Today we are launching our vesting product!
-Battle-tested contracts
-Configurable cliffs
-Partial withdrawals for max control over taxable events
-Admin clawback of unvested tokens
-Available on multiple chains
Go to to get started!
.
@DeFi_Wonderland
jumped through the rabbit hole and discovered a world where salaries and vesting are made simple with LlamaPay!
Another waifu made for our frens who are using LlamaPay. If you want a waifu for your project, you know what to do ;3
Our next step for LlamaPay will be to launch our vesting product to the public.
You will not only be able to create salary streams for your contributors but also vest tokens to them over time!
Beefy is using and loving LlamaPay! ♥️
The last $BIFI unlocking to core contributors uses
@llamapay_io
for linear and transparent distribution over a period of 6 months.
An awesome tool that automates distributions by the second and can be withdrawn at any time!
🤝 Pleased to formally welcome
@DeltaPrimeDefi
into the YakPak. We've begun streaming them rewards as part of the community voted rewards program.
🐃 Currently 42.5 $YAK/year are streamed that they'll stake for min. 2 years.
🫡 to
@llamapay_io
which facilitates this on-chain.
Some people might notice this function in our LlamaPay.sol code. This would allow us to rug all the funds in the contracts. It will be removed when we launch LlamaPay to the public. Pls spare us
@zachxbt
Introducing our bug bounty.
Before public launch we will deploy on mainnet and migrate all the Llama's payroll to it. Feel free to rug our salaries! (covered by
@0xngmi
)
Atm most crypto teams still pay salaries by sending monthly payments, which sucks.
With LlamaPay you just define how much each employee should earn per month and top up an account, then we stream money from your account into theirs by the second.
Some other features:
Pause streams and resume them later
Very gas efficient (3.2x cheaper than Sablier and 3.7x cheaper than SuperFluid to create a stream)
Works with all tokens but rebasing ones
Very fast UI
Can send gas money to all employees in one click
CSV exports
How much does it cost?
It’s free, we built it to use at DefiLlama and now we're opening it to everyone.
Contract has no owner and is fully immutable, so we can’t bolt on fees even if we wanted.
We’ve deployed it on 8 different chains:
Ethereum
Avalanche
Fantom
Polygon
BSC
Gnosis
Optimism
Arbitrum
Can deploy on other chains on request, actually anyone can!
Morpheus Swap is now using LlamaPay to distribute salaries!
In their words:
"really, you guys absolutely nailed the simplicity of the UX, which is a huge factor for using software like this"
If you provided a better solution, you'll get rewarded through
@llamapay_io
stream.
Once debt ratios updated, low APYs strategies will be harvested and funds will be transfered to the most performing, increasing vault global APY.
👉 More decentralized and efficient
We’ve been using it for a month at DeFillama and it’s been great.
But if you find any issue, have any idea how to improve it, or just want to chat, contact us on our discord () and we’ll get it done for you. We ship fast.
Can I trust it?
Our code got reviewed by a Curve dev
We’ve run public bug bounties with 20k and 60k, multiple people tried to break it but none succeeded
Built by DefiLlama devs
We’ve been using it live at DefiLlama for a month with no issues
This is much better:
Employees don’t have to wait for monthly payments and they can withdraw whenever they want.
Makes your life easier, just top up the account when it runs low and that’s it! No need to keep doing monthly txs.
Focus on what matters and automate the rest.
Ever wanted to automate weekly withdrawals from llamapay right into a CEX or a card provider? Now you can.
Click on the “Schedule” button on one of your streams, set up a start date and frequency, and you can even set up an address to redirect your salary to.
introducing "Orbit" An Aave DAO Delegate Platform Funding Initiative by
@AaveChan
.
We integrate
@llamapay_io
frens to fund top-tier delegates of the Aave DAO and thx them for their contributions.
Employees don’t need to learn how to claim!
Anyone can trigger claims for anyone else, so employers can trigger claims from a hot wallet or a bot and funds will get sent directly to employee’s wallets.
This means people can receive funds on CEX or wallets other than MM.
This also enables new integrations where users can choose to send their salaries to a DCA contract or any other system, if you are a protocol that would like to integrate with llamapay now you just need an address where users can send funds.
🥁 Introducing Yak Memecoin Rush, letting teams create liquidity mining programs for their token in under 2 mins with no code.
Built on top of
@TraderJoe_xyz
V1 pools leveraging
@llamapay_io
, these farms provide ultimate reward flexibility.
Here's how it works:
🧵1/x
And if you are a payer you can also set up automatic withdrawals for all of your outgoing streams! That way your payees won’t have to manually claim, funds will be sent directly to their wallets. No need for them to ever interact with LlamaPay ever!
Stablecoins take up ~88% of total TVL or ~$2.17 million.
- 1.8M DAI
- 314.31K USDC
- 59.79K BUSD
Most of the stablecoins are used to pay salaries which was our original intended goal.
$2.05M (~83%) of LlamaPay TVL is on Ethereum.
Since we are deployed on multiple chains we also have TVL on notably:
- Avalanche $185K (~7%)
- Fantom $102K (~4%)
- BSC $61K (~2%)
Projects we have partnered with also deposited their native tokens and they take up 12% of total TVL or ~$285K.
- 32K CVX (~$243K)
- 64K MORPH (~$39K)
- 163K SOUL (~$2.37K)