#CardanoDebate The ADA token of Cardano fell by more than 6%, while Charles Hoskinson defended a proposal to deploy 140 million ADA from the treasury in order to boost the liquidity of stablecoins.

The ADA token of Cardano decreased by 6.01% to $0.6412 as the market reacted to both macro volatility and a heated governance debate over a treasury allocation proposal of $100 million aimed at strengthening the DEFI ecosystem.