Happy Friday! It’s time again for the weekly update from Llama DAO.
This week, the Llama working group has been compiling and finalising the treasury management report. We are finishing our analysis on POOL drip and writing up our recommendations for the PoolTogether community.
Preliminary POOL Drip Analysis
Jack has the token holder query finished, and this shows the current state of everything pool token holders have done, except “transfer POOL to another address.” This information isn’t included because it is difficult to distinguish simple transfers from arbitrary contract interactions, so only well-defined contract interactions and total balances are included.
Here’s a Google Sheet with the same data. Assuming people aren’t funnelling POOL to other accounts to sell, we can say that the max drip POOL that they’re directly selling is min("Amount Sold", "Drip Received"); if you take that and divide that by the total drip that they’ve done, you get 10.67%. Taking a similar heuristic regarding it getting funnelled into pPOOL, we get 22.25% max direct drip into pPOOL.
This disregards any sort of temporal effects (e.g., someone can sell before they even receive the drip and we can’t tell the difference in that query), so these numbers are the absolute highest they can possibly be.
This information will be analysed in greater detail and included in the report.
Treasury Management Report
We will have the report compiled, finalised, and ready for the community’s review for the Community Call next week.
We will provide an update during the Community Call later today.
Past Llama Treasury Updates
Llama Treasury Update (8/20)
Llama Treasury Update (8/12)
Llama Treasury Update (8/6)
Original Proposal | PTIP-26: Llama 
PoolTogether: Tokenomics Research and Exploring Alternative Capital Structures