🏛️ Cardano DAO in Crisis? Treasury, Summit & Funding Under Fire |

The Cardano community is at a crossroads. Three flashpoints are stirring heated discussions:

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1️⃣ Treasury Budget Blowup

• The Cardano Foundation proposed slashing IOG’s budget by 44% — cutting 31M ADA from its $69M+ allocation  .

• Critics warn it could cripple development; the Foundation argues it’s necessary to rebalance spending.

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2️⃣ In‑Person Summit Sparks “Elitism” Claims

• Hoskinson wants an invite‑only summit of key dReps; some claim this excludes grassroots voices .

• Hoskinson responded strongly: “We will never get anywhere … if every in‑person meeting is called a cabal.” 

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3️⃣ Major 275M ADA Vote on Growth Plan

• A proposal to deploy 275M ADA ($225M) across DeFi, protocol upgrades, and ZK tech is live .

• Community divided: Whale warns of inflation risk, supporters trust in Hoskinson’s phased rollout plan .

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🔍 Why It Matters

• Governance Model Stress Test: These debates highlight the friction between decentralization ideals and real-world execution.

• Market Signal: ADA’s price resistance near $0.80 shows investor confidence—though leaves upside hinged on community unity .

• Investor Insight: Staying ahead of these narratives can help you position trades or staking strategies proactively.

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💸 Ready to Engage?

Join the debate and back your insights with action:

👉 Trade or stake ADA on Binance

Use referral code GRO_14352_E8Q1L for added perks and rewards.

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💡 Pro Tip

Track governance proposals and DRep votes via Cardano Explorer or Project Catalyst — it’s the difference between surface-level holding and informed investing.

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💬 What’s your take?

Do you side with the budget cut, support Hoskinson’s summit, or back the mega funding plan? Drop your view below! 👇

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