Dear @avax community, I hope you can agree with me that this has been a milestone week for the Avalanche ecosystem. With the announcement of AVAX One @agriforcegs, we are truly excited about what we can achieve here for both our shareholders and the Avalanche community. I want to provide a sneak peek about our planned yield strategy for AVAX One. Please note this is subject to necessary approvals, regulatory compliance, and may change as the market evolves. This is also not investment advice. After the deal closing, we intend to put the majority of the $AVAX tokens held in the treasury for native staking to continue growing AVAX on a per-share basis, in the most organic, secured, and simple way. Avalanche has one of the highest native staking yields among major cryptocurrencies, which means a) we expect AVAX One to be cash flow positive and profitable from day one and b) it serves as a natural NAV growth accrual over time and defense against any market volatility on potential NAV discount. In addition, the company intends to deploy a sensible portion of the AVAX treasury to various alternative yield strategies including liquid staking, liquidity provisioning, as well as MEV opportunities. The goal here is to earn better risk-adjusted yield returns for the company compared to the native staking yield (our so-called "benchmark rate"), as well as help support TVL for various Avalanche ecosystem projects to drive their growth flywheel. We will strive to be very hands-on in helping the community, just like how they helped and supported us for AVAX One so far. Hivemind portco are of course welcomed to apply to be providers here, but they will not take priority over other projects. The best yield solutions win, as simply as that. For the alternative yield strategies, I do want to say that the bar here should be very high as we'd only consider these opportunities if they exceed the native staking yield meaningfully and meet institutional-grade asset management requirements. If you think you are one of them, feel free to reach out to @_JakeGreenstein and @kay_phillips_ to introduce yourselves. We are excited about building the "Berkshire Hathaway of the on-chain financial economy". Let's do it together with $AGRI 🔺