Meet the awesome LLAMA
New LLAMAs born 6.6.2021 brings new, green, cheap yield farming on a contract level. First crypto currency which incentivizes both keeping the token and spending it at once, which brings a unique economic model, never seen before.
Regular tokens or currencies are either promoting spending during highly inflationary times, or holding the token while the market is bullish. World wide market is hard to monitor and even harder to predict and makes investment in crypto, or any asset more of a guessing game.
Should I put my precious tokens under the pillow?
- Yes if YOU KNOW the demand will grow and so will the token price, can you predict the next bitcoin?
Should I put my precious tokens in a uniswap-like pool so it will multiply itself?
- Yes if YOU KNOW the price stays around the same, so you won’t suffer Impermanent loss. ( missed profit opportunity when token price rises, it would have been better just to hold it)
Should I spend it while the price is up and tokens are popular?
- Yes if YOU KNOW the price is highly overestimated, and you need to spend tokens as soon as possible. Remember Bitcoin pizza guy?
DO YOU KNOW?
If any of us knew what is going to happen on the worldwide economic scene, crazier crypto market and during even crazier times… First you would get the Nobel prize for economics (probably for the next few years), would be accepted as head oracle in Hogwarts and probably be drinking mochitos on your yacht, too busy to read this.
YOU DON’T NEED TO KNOW
LLAMA token mechanics incentivizes holders to both spend their lamas, which creates a live market and healthy circulation, as well as keep your LLAMAs for future profit. This creates a natural balance between your investment options and you don’t need to worry or try to predict the market.
WHY HOLD?
LLAMAS are naturally happy animals. Happy LLAMA produces wool. 1 WOOL (token) per 10 weeks. Since LLAMAs are made mainly of WOOL, you can breed new LLAMA from 10 WOOLS and in time, create your very own CRYPTO HERD. With 700 LLAMAS, a new baby LLAMA will be born every day:). LLAMA is the first crypto token which incorporates YIELD farming on a contract level, just by taking care (holding) your cute LLAMAS. No need to mine, monitor and predict the market, or pay for dozens of expensive transactions in endless staking and reinvesting cycles in traditional yield farming platforms. No need to burn electricity in your expensive mining rig, LLAMAS are not mined, they are bred. From WOOL ;) LLAMAs are green.
WHY SPEND?
Since LLAMA is such a cute animal, there are a lot of farmers there, so LLAMAs will naturally grow in their numbers. Farmers from time to time want to cash out on their effort and LLAMA-out. This creates an incentive to spend your LLAMAs, since in 10 weeks they will double in number, but not necessarily half in price, since a lot of farmers want to keep their LLAMAs for more WOOL.
THE WOLF. Everyone is interested in awesomely wooly LLAMAs, so is the BIG BAD WOLF. Wolf is looking for LLAMAs every week and if he finds them, he will bite them. Do you remember what HAPPY LLAMA does? It produces WOOL. Well, bitten LLAMA is not a happy LLAMA.
Wolf comes to bite LLAMAs only if he knows where they are. To confuse the wolf, farmers need to move their LLAMAs around — transfer them, buy/sell etc. Farmers need to come together and transfer at least 100 000 LLAMAs per week from Uniswap exchange to confuse the WOLF.
Is the WOLF real? YES he is: ethscan link
This unique mechanism combination of incentives both to hold and to spend is not seen in any other currency, crypto or fiat. Creates a unique economic model and equilibrium in which farmers/investors need to hold and need to sell.
With LLAMAs you don’t need to worry if you are making the right investment decision, because they all are. You need 80% less transactions to farm and reinvest compared to other yield farming platforms. You don’t need to buy an expensive mining rig and heat up the planet for new LLAMAS, they breed without electricity. With LLAMA, there is no DRAMA:)
by Crypto Llama team 6.6.2021
follow us on twitter: https://twitter.com/CryptoLlama13
