$ADA #CardanoDebate
Charles Hoskinson proposes using $100M from the treasury to buy BTC and native stablecoins to boost DeFi growth. The community is divided, with some seeing it as a bold move and others as risky. ADA dropped 6% following the announcement.
*Key Points:*
- *Proposal:* Use 140M ADA (~$100M) from treasury
- *Purpose:* Boost DeFi growth by purchasing $BTC and Cardano-native stablecoins
- *Community Reaction:* Divided, with concerns about market conditions and governance
*Your Turn:*
- Share your thoughts on the proposal
- How could this move affect long-term $ADA value?
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0.6358
+0.17%
105,054.81
