1. Dissolve yeast and 1 teaspoon sugar in 1/4 cup warm water; set aside.
2. In small bowl, beat eggs until thick.
3. Put flour in large bowl, making a well in the center. Into the well add yeast, eggs, 1/2 cup sugar, melted butter, milk, 1 cup water, and salt. Beat thoroughly to form a soft, smooth dough. Cover, let dough rise until doubled.
4. Heat oil to 375 degrees F (190 degrees C). Drop dough by big teaspoonfuls into oil, fry until golden brown. Drain on paper towels and serve hot.
Recipe adapted from: https://www.allrecipes.com/recipe/7128/malasadas/