The MCDEX DAO treasury currently has crypto assets(USDC, ETH, BTC, BNB) valued at about $7.5M. Therefore, we believe we are in a healthy position to optimize our treasury strategy and effectively invest in future protocol growth. We propose to allocate 1,000,000 USDC to the Research & Development team to retain and attract talents to contribute to the protocol over the next year, so the team can remain nimble on product developments and competitive in this challenging market. Currently, MCDEX has 12 full-time equivalent (FTE) employees, and the team remains 100% committed to the long-term vision of MCDEX.