Efficient LLAMA

Crypto Llama
2 min readJun 6, 2021

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We are speaking a lot about being innovative in making your life easier. So here are some serious details about how LLAMA works:

Unlike us Llamas don’t need to work
  1. Unique yield farming mechanism: you don’t need to stake your llamas, just have them in your wallet.
  2. Reward token (Wool) is pegged to Llama token: you can breed 1 new Llama from 10 Wool anytime. Thus the price of the reward token is linked to the price of the Llama token.
  3. Wolf incentivization mechanism- if there is no trading volume, the yield farming stops till the volume is back. So you are protected from big Wool dumps in the absence of exchange activity
Wolf is actually cool

Llama yield farming is very transaction efficient. Let’s compare it to farming of any token on HARVEST:

Transactions required to start farming with Harvest:

  1. Buy token
  2. Approve token for deposit
  3. Deposit token
  4. Approve token for staking
  5. Stake token

Transactions required to start farming with LLAMA:

  1. Buy LLAMA

Transactions required to reinvest your profits with Harvest:

  1. Approve reward tokens for selling
  2. Sell reward tokens, buy token
  3. Deposit token
  4. Stake token

Transactions required to reinvest with Llama:

  1. Breed LLAMA

Total: Harvest 9 transactions, Llama just 2 transactions!

By keeping your costs down we are helping to save the planet, reducing the amount of power required to mine all these transactions by almost 80%!

Less transactions = less electricity used

Check all the innovations if the Llama smart contract yourself, it’s open source and public: https://etherscan.io/address/0xe06Ca07364dc7Af1d0cF84B34b05B2E19881FBfe#code

by Crypto Llama team 6.6.2021

follow us on twitter: https://twitter.com/CryptoLlama13

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Crypto Llama
Crypto Llama

Written by Crypto Llama

Tired of all the boring cryptos? Sad of mining ruining our planet? LLAMA is here to the rescue! Stay tuned for more updates!

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