🔥 Charles Hoskinson proposes to "boost" DeFi on Cardano – is a boom or a risk coming?
The founder of Cardano suggested spending 140M ADA (~$100M) from the treasury on:
- Purchasing BTC for reserves
- Native stablecoins (USDM, USDA, IUSD)
📉 ADA -6% – the community is divided:
✅ For: This is a powerful incentive for DeFi and liquidity
❌ Against: It's risky in the current market conditions
💡 What's next?
If the proposal is approved – it could give a new growth spurt to the ecosystem. But questions about governance remain.
What do you think, is this the right step?👇