Allocate 25 AVAX to Delegating SGB on Songbird Network

This proposal is to allocate 25 AVAX for the purchase of SGB to delegate on Songbird Networks.

Songbird Network is an experimental network for Flare Networks (like Kusama is for Polkadot) that is bringing DeFi/smart-contract capabilities to XRP, XLM, LTC, and DOGE. Currently, these assets cannot be used in DeFi applications; Songbird and Flare change that. There is currently over $80 billion in these assets that have yet to be unlocked in these capacities.

Recently, Songbird had a snapshot for an airdrop, and so it is trading at an all-time low under 20 cents. In ~2 weeks, Songbird Finance, a fresh version of the network's DeFi protocol. launches with new features. Songbird Finance will bring with it the minting of S-Assets to use the aforementioned assets in Smart Contracts. S-Assets require SGB to be locked up as collateral against the S-Asset, which will increase demand for SGB as Total Value Locked increases.

We can purchase SGB and delegate it to a Smart Oracle, earning around 1% interest a week. These rewards can be compounded for a yearly APY of around 60%. SGB supply is fixed at 15 Billion, so unlike other APY opportunities with an inflating supply, SGB supply is capped.

NFT minting is also live on Songbird with SGB needed to mint.

You can learn more about the network here: https://www.youtube.com/watch?v=2bYztpRI3zk https://flaremetrics.io/ Bullish prospects here: https://twitter.com/AspenSignals/status/1473409540276334595?s=20

I believe this presents for us an opportunity to grow our treasury by being early on an innovative DeFi protocol and earning solid yield on a fixed-supply L1 asset. I have also adjusted the allocation based on input in #proposals.

A Yes vote goes forward with the allocation. A No vote doesn't.