The Cardano ecosystem welcomes an epic operation! Founder Charles Hoskinson personally takes the lead, launching a market-shattering stablecoin liquidity proposal, with core actions targeting two major moves:
Allocating $100 million worth of ADA from the Cardano treasury (currently holding 1.7 billion #ADA) to be directly converted into the ecosystem's native stablecoin USDM. This operation injects super strong liquidity into the stablecoin system, akin to implanting a blood-making machine in the 'veins' of cryptocurrency.
Even more exciting is that Cardano will partner with Brevan Howard, a management firm with over $20 billion in assets. This institution, renowned in traditional finance, will enter the crypto space with a professional market-making team and risk control system, focusing on two battlefields:
#TVL (Total Value Locked) breakthrough: Activating asset accumulation within DeFi protocols through institutional-level strategies.
Liquidity market-making revolution: Completely solving the slippage problem in stablecoin exchanges using algorithmic trading engines.
Dual-core drive: This operation is by no means just burning money, but...