💬 Cardano Treasury Shake-Up: Bold Move or Risky Bet?
🚨 Charles Hoskinson has proposed allocating 140M ADA (~$100M) from Cardano’s treasury to fuel DeFi by purchasing BTC and Cardano-native stablecoins (USDM, USDA, IUSD).
📉 ADA price reacted swiftly—dropping 6%—as the community remains split.
Here's the breakdown:
💰 Funds to be used for BTC & stablecoin accumulation
🌱 Goal: Accelerate Cardano’s DeFi ecosystem growth
⚠️ Critics cite governance risks and market timing concerns
✅ Supporters view it as a strategic step toward ecosystem maturity
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🧠 What’s your take?
Could this strengthen ADA long-term, or destabilize its tokenomics?
Sound off with #CardanoDebate and join the discussion!