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Llamaxyz recently updated on their progress, including protocol upgrades, treasury management, analytics, and growth, and announced collaborations with Chaos Labs and Gauntlet. They also revealed a shift in their relationship with Aave, stating they will not seek future funding from Aave Grants DAO, indicating a move towards self-funding and independent operation.
In the recent monthly update, Llamaxyz shared their progress on various fronts including protocol upgrades, treasury management, analytics, and growth. They announced a community Twitter Spaces event and highlighted their work on two on-chain proposals, seven ARCs, and collaborations with Chaos Labs and Gauntlet. Notably, they proposed AIP-125 with Chaos Labs, which allows users to deposit assets across most reserves, and co-authored an ARC with Gauntlet to repay excess debt in Aave's CRV market1.
Llamaxyz also detailed their actions throughout the month, which included strategic partnerships, revenue growth, yield earning, accounting reports, data platform development, and claiming revenue to the treasury for Aave V3. They executed multiple swaps of aFEI to aDAI in the Aave V2 Collector and published an ARC with Gauntlet, Chaos Labs, 3SE Holdings, and ItsFreeRealEstate to halt listings on Aave V1 and Aave V2 markets1. They expressed gratitude to the Aave community and invited feedback on their work.
In a significant announcement, Llamaxyz stated they will not seek future funding from Aave Grants DAO. The only task compensated by Aave Grants DAO was the 100k BAL bonding curve, which is now complete. They also submitted two AIPs outside their agreement scope but will not seek additional funding for these proposals. MarcZeller, on behalf of the ACI, thanked Llama for their contributions to the Aave governance 4. This marks a significant shift in Llamaxyz's relationship with Aave, indicating their commitment to self-funding and independent operation.
Posted a year ago
Last reply a year ago
Summary updated 2 months ago
Last updated 04/12 00:18