Allocate 1/2 of our current treasury (134.5 AVAX) to the USDC.e-AVAX LP on TraderJoe

Currently, we have 269 AVAX sitting idly in the Community Treasury wallet. Yetis are generating many awesome, exciting ideas about how this resource can be used to benefit the DYSC DAO.

I propose that to initiate our community investments, we allocate half of our current treasury (134.5 AVAX) to the USDC.e-AVAX LP on Trader Joe, which currently offers an APR of ~44%.

Currently, our treasury is exposed 100% to AVAX. An investment in the USDC.e-AVAX LP does not fundamentally change our treasury's exposure, while allowing us to earn yield on this asset without experiencing impermanent loss (at least, so long as USDC holds to $1). USDC is a reputable stablecoin working closely with major players in crypto and government and therefore will likely hold its peg.

Allocating half of our treasury at this time allows us to remain nimble if we wish to imminently pursue other investments or marketing opportunities that may require AVAX.

A Yes vote means you wish to allocate 1/2 of our community treasury to the USDC.e-AVAX LP on Trader Joe at this time for ~44%* annualized yield *(at time of writing.)

A No vote means you do not wish to make this allocation. YoungWhale