🔥 Cardano ($ADA ) Sparks Heated Debate: $100M Treasury Plan Shakes the Community! 🚨
Cardano’s co-founder Charles Hoskinson has dropped a bombshell proposal:
➡️ Convert $100M in ADA into Bitcoin + Cardano-native stablecoins (USDM, USDA) to supercharge Cardano DeFi.
📉 Why It Matters:
Goal: Boost TVL-to-stablecoin ratio from 10% → 30–40%
$ADA price impact? Hoskinson says:
“Liquidity is not an issue — only the inexperienced think so.”
🆚 Internal Clash:
Hoskinson: “TVL is critical for growth.”
Cardano Foundation CEO: “TVL isn’t a metric I care about.”
→ Community now split over the direction of Cardano’s treasury strategy.
📊 Current Stats:
🔹 Cardano TVL: $356M
🔹 Stablecoins on-chain: $31M
🔹 Solana by comparison: $9.8B TVL, $11B stablecoins
🧠 Big Questions:
Is this the DeFi catalyst Cardano needs?
Or is it a risky move away from decentralization?
#CardanoDebate #ADA
$ADA
Cardano’s co-founder Charles Hoskinson has dropped a bombshell proposal:
➡️ Convert $100M in ADA into Bitcoin + Cardano-native stablecoins (USDM, USDA) to supercharge Cardano DeFi.
📉 Why It Matters:
Goal: Boost TVL-to-stablecoin ratio from 10% → 30–40%
$ADA price impact? Hoskinson says:
“Liquidity is not an issue — only the inexperienced think so.”
🆚 Internal Clash:
Hoskinson: “TVL is critical for growth.”
Cardano Foundation CEO: “TVL isn’t a metric I care about.”
→ Community now split over the direction of Cardano’s treasury strategy.
📊 Current Stats:
🔹 Cardano TVL: $356M
🔹 Stablecoins on-chain: $31M
🔹 Solana by comparison: $9.8B TVL, $11B stablecoins
🧠 Big Questions:
Is this the DeFi catalyst Cardano needs?
Or is it a risky move away from decentralization?
#CardanoDebate #ADA
$ADA