🚨 Shocking proposal in the Cardano ecosystem!
Charles Hoskinson suggests using 140 million ADA (~$100M) from the treasury to buy BTC and native stablecoins like USDM, USDA, and iUSD, with the aim of strengthening DeFi on the blockchain.
Immediate result: $ADA drop of 6%, the community is divided.
👉 Some praise a visionary strategy to enhance liquidity and resilience in the ecosystem.
👉 Others fear risky management of community funds amid market uncertainty.
#CardanoDebate :
💬 Do you think this decision is a step towards the financial maturity of #Cardano's , or an unnecessary risk-taking?
🔁 Share your opinions, the future of $ADA may well depend on it.
Charles Hoskinson suggests using 140 million ADA (~$100M) from the treasury to buy BTC and native stablecoins like USDM, USDA, and iUSD, with the aim of strengthening DeFi on the blockchain.
Immediate result: $ADA drop of 6%, the community is divided.
👉 Some praise a visionary strategy to enhance liquidity and resilience in the ecosystem.
👉 Others fear risky management of community funds amid market uncertainty.
#CardanoDebate :
💬 Do you think this decision is a step towards the financial maturity of #Cardano's , or an unnecessary risk-taking?
🔁 Share your opinions, the future of $ADA may well depend on it.