#CardanoDebate | 📉 Hoskinson proposes to sell 100M $ of ADA – yes, you read that right – to inject liquidity into Cardano stablecoins. Officially: noble goal. Unofficially: disguised panic?
Currently, stablecoins represent barely 10% of the TVL on Cardano – compared to 30 to 50% on Ethereum or Solana. Result? Low leverage, weak DeFi ecosystem... and little incentive for dApps to migrate there.
👉 The idea? Convert a part of the ADA treasury into USDM, USDA, iUSD stablecoins... and even into Bitcoin, to finally attract external capital.
💣 The problem?
Selling 140M ADA on the markets is like injecting slow poison into your own heart. The price has already dropped by −6% in 24h after the announcement.
Even with a TWAP/OTC sale, the psychological effect is there:
"If the founder himself is selling massively, why should I keep my tokens?"
🧠 DeFi Tip for Beginners:
A good stablecoin = the pillar of the entire ecosystem.
No reliable stablecoin? No DeFi.
But beware: a good stablecoin is forged with trust, not with an emergency liquidation.
🤔 My opinion?
Cardano is playing a dangerous game.
Either it works and DeFi explodes.
Or it fails, and ADA flirts with 0.30 $ again.
🗣 And you?
Are you FOR or AGAINST the sale of 100M $ of ADA to support DeFi?
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