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50+10=60 50-10=40 50/10=5 ans is 5
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Cardano’s ADA token declined 6.01% to $0.6412 as the market reacted to both macro volatility and a heated governance debate over a proposed $100 million treasury allocation aimed at strengthening the DeFi ecosystem. On Wednesday, the TapTools team asked its followers on X what they think about the idea of deploying 140 million ADA (around $100 million) to provide liquidity for stablecoins like USDM and help power Cardano’s growing decentralized finance sector. Not everyone is on board. Influential account @cardano_whale argued that introducing 140 million ADA in sell pressure under current market conditions would be damaging. He acknowledged the potential long-term DeFi benefit but warned that governance proposals are typically front-run by traders, meaning any public plan to sell ADA at $0.70 might end with that supply being sold at $0.50. Instead, he favored minting crypto-backed stablecoins like ObyUSD to avoid direct selling pressure. Cardano founder Charles Hoskinson pushed back strongly, calling the sell pressure concerns a “false narrative.” In his view, the treasury could convert the 140 million ADA gradually over-the-counter or through algorithmic execution strategies like time-weighted average price (TWAP) orders to avoid market disruption. He emphasized that Cardano’s lack of stablecoin depth is holding the ecosystem back, and this initiative could not only address that gap but also generate sustainable, non-inflationary revenue for the treasury. The community remains divided. While some see it as a bold step to finally give Cardano DeFi a stable foundation, others view the plan as premature, particularly given current market weakness and ADA’s inability to hold above $0.68. The debate has become a litmus test for how Cardano balances long-term growth with near-term token economics.
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today 8 letter word done
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today 8 letter word done
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Air India Plane Crash: Air India plane crashed in Ahmedabad, India, killing 241–242 with one possible survivor. Israeli Strikes on Iran: Israel bombed Tehran, killing civilians, six nuclear scientists, and Ali Shamkhani. Gaza Blackout: Gaza faced a communications blackout, escalating regional tensions. West Bank Lockdown: Emergency lockdown imposed in the West Bank amid unrest. U.S. Protests and Riots: Protests and riots erupted across the U.S., notably in Los Angeles. U.S. Senator Detained: A U.S. senator was reportedly illegally detained. ICE Facility Incident: An incident described as a "jailbreak" occurred at an ICE facility in New Jersey. North Korean Threats: North Korea issued heightened threats against the United States. JetBlue Incident: A JetBlue plane went off the runway, details unclear. Russia-Ukraine Conflict: Russia continued bombing Ukraine, intensifying the ongoing war.
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