===== INTRO

Our Yuga assets investment was made prior to several large declines that have significantly decreased their value - both in the price of Eth and $Ape, and the NFT assets themselves.The markets are now in a different phase from when we purchased...

• $Eth is approaching ATH • $Ape has regained half it’s value • MAYC & BAKC have continued decline, and are at all time lows.

In order to mitigate the impact on our investment and improve our position, we feel we have an opportunity and recommend implementing a dollar cost averaging strategy.

One year ago, we purchased... 1 M2 MAYC for 14.25 E + 1 BAKC for 6.34 E + 2,900 $Ape for us to fully stake both.

A total of $47,137 USD (+/-28E) was spent at time of purchase.

This has significantly declined to a current valuation of $26,202 USD.

======== DCA PROPOSAL

We propose to purchase 1 or 2 MAYC, and 1 BAKC along along with $Ape that will be used to stake everything.

If we purchase one MAYC our avg. cost will reduce to 8.5E per.

If we purchase 2 MAYC our avg. cost cost will reduce to 6.7E per.

If we purchase a BAKC our avg. cost will reduce to 3.3 per.

STAKING

2 x MAYC Pools (7.74 $ape per 24hr) @ 69%APR

2 x MAYC/BAKC Paired pools (2.79 $ape per 24hr) @ 60%APR

For a total of 10.54 $APE earned per 24hr.

3x MAYC will earn us 11.61 $APE per 24hrs

======= CONCLUSION

We feel that the Apes have hit their lows, and that responsibly DCAing our investment at this time will not only allow us to be in a better position to recover losses that we’ve realized during the downturn - but to take advantage of a run if one occurs. The relatively small investment seems like a reasonable risk to take.

======== VOTE

Do you agree to DCA our YUGA asset investments?