Proceeds from the mint and secondary trading royalties have been used to create a yielding, community-owned treasury consisting of Curve-ecosystem assets. The community-owned treasury pool backs the LLamas NFT collectibles and is stewarded by the core team. The LLamas will govern the yield flow of their stake of the treasury.

The LLamas Protocol Revenue Sources: Mint and auction proceeds / swap royalties / locked grants / v2 badge marketplace / Auction House.

The LLamas multisig team will allocate mint funds to grow the treasury. To avoid being front-run, buys will be periodic. Initial protocol partners will be prioritized in the allocations.

<aside> 🦙 Gnosis multisig address: 0x73Eb240a06f0e0747C698A219462059be6AacCc8 | base:0x04467245D8d0BcF3a482af9e72fC4492C91f683E

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Controlled 3/6:

Panda

Hawth

TommyG (Votium)

Kmets (Aladdin)

Irate (LLamas)

Cogsy (LLamas)

• The multisig and broader LLamas team will guide treasury strategy.
• The multisig will use funds, at its discretion, for audits, legal costs, and initial operations.
• The multisig will be able to call the harvest function on the harvest contract.