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A comprehensive multi-chain payroll protocol for automating cryptocurrency salary payments with continuous streaming, scheduled disbursements, and flexible USD-denominated compensation. Organizations can pay employees and contractors in real-time by the second, schedule future payments, or maintain stable USD rates while paying in alternative tokens.
Continuous Salary Payments: Stream cryptocurrency by the second to employees and contractors who can withdraw their accrued balance at any time. Unlike traditional solutions requiring fixed-duration deposits, LlamaPay enables indefinite streams with incremental top-ups.
Gas Efficiency: Deploy streams 3.2-3.7x cheaper than competitors at only 69,963 gas per stream creation (compared to Sablier's 240,070 gas and SuperFluid's 279,992 gas).
Debt Tracking: When payer balance depletes, streams track debt automatically rather than cancelling. Upon deposit, debt is paid and streams resume without recreating contracts or manual reconciliation.
High Precision Math: Internal 20-decimal precision prevents rounding errors that plague other protocols. While competitors streaming 1000 USDC/month may only deliver 994-997 USDC, LlamaPay ensures exact amounts.
Trigger Withdrawals for Others: Anyone can trigger withdrawals on behalf of payees, enabling recipients to use CEX addresses or wallets without MetaMask—greatly simplifying operations for non-crypto-native team members.
Multi-Chain Availability: Available on all EVM chains with identical contract addresses across networks, supporting all ERC20 tokens (excluding rebasing and fee-on-transfer tokens).
Stable Pricing with Token Flexibility: Define payment amounts in USD while making actual payments in ETH, governance tokens, or custom project tokens. The protocol handles oracle integration and conversion to ensure recipients receive correct USD-equivalent value.
Multi-Token Support: Pay in any ERC20 token while maintaining USD-denominated agreement terms, enabling DAOs to pay contributors in governance tokens or startups to use native tokens for payroll.
Automated Conversion: Price oracle integration automatically calculates correct token amounts for each payment based on current exchange rates.
Date-Specific Automation: Schedule cryptocurrency payments for exact future dates and times without manual execution. The protocol automatically processes payments when scheduled times arrive.
Cancellation Flexibility: Payments remain cancellable until execution, allowing treasury managers to adjust plans as circumstances change.
Integration Across Features: Works seamlessly alongside streaming and USD denomination for comprehensive payment automation strategies.
LlamaPay was originally built to solve DefiLlama's internal payroll automation needs before being released as open-source infrastructure for the broader crypto ecosystem. Trusted by prominent organizations including Curve Finance, DefiLlama, Arbitrum, and aixbt, the protocol delivers exceptional gas efficiency, comprehensive features, and completely free outgoing payment functionality.
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