LLAMA

DAOLama let users pledge NFTs as collateral and receive an instant loan without talking to a lender or waiting for approval, as its TON App listing puts it. Loans were paid in Gram, the native coin of the TON network. The @daolama_bot bot handled loans against NFTs, sent loan notifications and gave access to private auctions. On 26 August 2025 the team advertised a loan rate of 3% a year across 16 collections, with renewals at the same 3%. In March 2026 it added four-character TON DNS domains as collateral, with loans at 15% a year.

LLAMA was sold in spring 2024. The private sale was open only to holders of DAOLama NFTs: on 26 March 2024 the team said the sale was over, that volume had passed 60,000 Gram in 10 hours and that more than 800,000 earlyLLAMA had been distributed. According to the project, many of those buyers were long-time users who had held 30 to 50 DAOLama NFTs for more than a year, and the sale ended earlier than planned. A presale was handed out as a reward for using the platform in March and April 2024. Private-sale tokens had 6 months of vesting, presale tokens 3 months. The public sale took place on the TonUP launchpad on 29 April 2024, and the team reported that it sold out in 20 seconds. The tokenomics post said liquidity would be added on two DEXes on 1 May.

The project calls LLAMA the central link between the products of the DAOLama ecosystem. In March 2024 the team listed planned uses: a share of service profits for holders, bidding in auctions for unredeemed NFTs, use in a planned token-lending protocol, mechanics with the NFT collection, staking and farming, use in rentals and a marketplace, lower fees for holders, and DAO participation with access to reports and closed AMAs. A utility post in April 2024 added a Llama game in which users would earn the token. Staking arrived in November 2024: on 2 November the team announced a LLAMA staking programme on the platform of its partner JVault with a starting pool of 100,000 LLAMA, and said 20% of protocol profits would regularly go to buying back the token for stakers. On 8 November it reported buying back 141,000 LLAMA that month and distributing them to stakers.

Yes, according to DAOLama's Telegram channel. In August 2025 the channel said the team had recently burned 30% of LLAMA's total supply and was running monthly buybacks from project revenue: in August more than 1,500 Gram went to buying LLAMA, with part of the purchased tokens going to staking rewards on JVault and the rest to a reserve. On 25 December 2025 the channel said 750,000 LLAMA had been bought back over the year: 200,000 were set aside for an airdrop and 550,000 for a burn. On 2 January 2026 it reported burning the 550,000 LLAMA from the reserve. Tonviewer now shows a maximum supply of 69,449,999 LLAMA.

From 17 to 31 January 2025, DAOLama ran the 'DAOLama New Year's Airdrop' on TON Society, rewarding users who borrowed against NFTs from a prize pool of 300,000 LLAMA and $5,000 in USDT. The event page lists 159 participants. Earlier, in 2024, the project filed an Open League project form on TON Research, which gives the same LLAMA contract address and links to the token's DYOR.io page.

DAOLama has announced that it is closing. On 3 July 2026 the founder wrote in the project's Telegram channel that his path in the project had ended, that admin rights to the smart contract had been transferred without his agreement, and that he could not answer for the service's further work; he wrote that the token, the NFT collection and the project treasury had been taken from him. He urged users to repay active loans and withdraw liquidity. On 7 July 2026 the channel announced that DAOLama was closing: the site stayed open for withdrawing liquidity and assets and for repaying loans to get pledged NFTs back, with questions going to @daolama_support. On 24 September 2026 the channel said DAOLama NFTs now work on OctaLend, a lending service available through its website and the @octalend_bot bot, where each DAOLama NFT adds one level to the user's tier.