#CardanoDebate
Charles Hoskinson, the founder of Cardano, proposed using 140 million ADA (approximately $100 million) from the treasury to boost decentralized finance (DeFi) growth by purchasing Bitcoin and stablecoins specific to Cardano (USDM, USDA, IUSD). The value of ADA dropped by 6% following the announcement, amid a split in the cryptocurrency community. Some see it as a bold step towards maturing the ecosystem, while others view it as risky given the market conditions and governance concerns.
💬 What do you think of this proposal? How will this move affect the value of ADA in the long term?
👉 Complete daily tasks in the task center to earn Binance points:
• Create a post using #CardanoDebate , or the cash tag 81434295124
• Share your trader profile,
• Or share a trade using the tool to earn 5 points!
(Click the "+" sign on the Binance app homepage and select the task center)
Activity period: June 14, 2025, at 06:00 (GMT) to June 15, 2025, at 06:00 (GMT)
Rewards are given to those who arrive first, so don't forget to claim your points daily!
🚨 Season two of the Traders League is now available: Create a post using the trading share tool and 75081005446 to unlock additional rewards.