LlamaPay
LlamaPay is a multi-chain protocol that allows a user to automate salary transactions. The protocol is made by DeFiLlama.
Overview
LlamaPay is a multi-chain protocol that allows a user to automate transactions and stream them by the second. The recipients can withdraw these funds at any time. This removes the need for sending manual transactions. When used by employers to pay employees, employers will be able to deposit funds and create streams for employees. The employee starts getting paid the moment the stream is created and can withdraw the funds at any time.
LlamaPay Features
- Fast UI
- Gas efficient
- Multi-chain
- Works with all tokens
- Top up all streams in one operation
- Deposit and withdraw in one operation
- No need to deposit all the money at the start of the stream
- Works with debt
- Trigger withdrawals for someone else
- Open source and verified contracts
- No big precision errors
Gas Fees
LlamaPay uses 69,963 gwei for gas fees, which, according to statistics is significantly less than other similar protocols.
LlamaPay Token
LlamaPay currently does not have a token and the platform does not plan on having one anytime soon.