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The smart contract platform Llama has completed a $6 million seed round financing, with participation from Aave founder, Polygon co-founder, and others

2023-11-06 23:28:53

ChainCatcher news, the access control and governance platform for smart contracts, Llama, has completed a $6 million seed round financing, with participation from Founders Fund, Electric Capital, Polygon co-founder Sandeep Nailwal, and Aave founder Stani Kulechov.

Llama aims to enhance the efficiency of governance in blockchain protocols, enabling protocols to encode roles and permissions for executing on-chain operations, such as fund transfers or changing protocol parameters, addressing some inefficiencies and security vulnerabilities that could lead to poor performance or even worse, hacking attacks and exploits.

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