uwuDAO Fund Allocation

We need to make our money work for us!

Reasoning: We can earn ~.008E a day while remaining liquid and holding a trustworthy asset. For those not familiar with lido, please read here https://lido.fi/. Tldr; stake ETH and receive stETH which compounds at 4.7% and can instantly be traded as ETH would or back to ETH. This 60E would still be usable for all future initiatives just as ETH would. Easiest way to conceptualize, it's staked ETH. There is an additional risk of the smart contract but that's why we selected a reputable source.

What about the other 12E: 6E is going to be saved as a reserve for immediate proposals/actions. The other 6E, the idea is to invest in a higher risk/reward asset, one that offers staking at a much higher rate. The two suggested are Magic and or Looks. If you're against this, there is an option to do nothing with the 6E. If you're against those two projects, the same vote should be selected and we'd like to hear other opinions.

Important note: Turning ETH into stETH is just for yield, it's still 100% available for future initiatives. The 6E would be removed from future initiatives and just seek yield

What's next: We are all about the community and currently the focus is on how to empower artists and excite uwu holders. We believe we have a good foundational idea and will continue to refine and receive feedback over the coming weeks. uwu