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Once the dough has risen, punch it down to release the air.
Roll the dough out to about ½ inch thickness on a floured surface.
Use a doughnut cutter or two round cutters (one large, one small) to cut out the doughnuts and the holes.
Place the cut doughnuts on a floured baking sheet, cover with a cloth, and let them rise for another 30-45 minutes, until puffy.
Fry the Doughnuts:
Heat oil in a deep fryer or large, heavy-bottomed pot to 350°F (180°C).
Carefully add the doughnuts to the hot oil, frying 2-3 at a time. Fry for about 1-2 minutes per side, or until golden brown.
Use a slotted spoon to remove the doughnuts from the oil and place them on a wire rack to drain excess oil.
Prepare the Glaze:
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