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I propose that we allocate a part of our available capital to the new Uncap Protocol, to be positioned from day one and support this promising project and the team.
About Uncap:
Our strategy: The main move we could do is to buy USDU and LP it with USDC on Ekubo, to support liquidity and position early in this ecosystem...
Allocation: I propose to allocate 0.3 ETH to this for now (can be less or more, to confirm together in the TG). We’ll create a dedicated wallet for this position. In the future, we could also let one Selenan manage this wallet to explore more active strategies, with a small share of any profits or airdrops as compensation for their time...
The exact amount and strategy can adapt and be discussed on the TG anytime.