River Protocol is committed to true decentralization. Today, we're taking a major step forward by acquiring Llama, a leading protocol for decentralized governance.
Why This Matters
River is built as a decentralized protocol. While some aspects are immutable, situations arise—like bug fixes or fee adjustments—that require careful modifications. The question is: how do we implement changes while maintaining decentralization?
Enter Llama. Their open-source smart contracts will be directly integrated into River, providing every space with built-in governance tools. This means stakeholders—node operators and space owners—can propose and vote on protocol changes through a secure, transparent system.
What You Get
Automatic governance contracts for all River spaces
Flexible permission systems for onchain actions
Token-based voting rights for stakeholders
Onchain treasury management system
We've been implementing Llama into our onchain governance and the protocol currently governs all of River's smart contracts and node operations.
In short, this acquisition crystallizes the ability for every community to automatically deploy their own fully onchain DAO with a treasury system. Through this framework, members can discuss and decide how funds are allocated and how to govern their own community.
Stay tuned for updates as we integrate Llama's technology into River. Visit us a river.build or join our dev community to learn more.
