Charles Hoskinson, the founder of Cardano, proposed to use 140 million ADA (approximately 100 million USD) from the foundation's treasury to promote the development of the DeFi ecosystem, with plans to purchase Bitcoin (BTC) and Cardano's native stablecoins (USDM, USDA, IUSD). After this proposal was announced, the ADA price fell by 6%, and the community had mixed opinions on it. Some see it as a bold move towards ecosystem maturity, while others believe there are risks given the current market conditions and governance issues.

💬 What do you think of this proposal? How will this move affect the long-term value of ADA?

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Event time: June 14, 2025, 14:00 to June 15, 2025, 14:00 (UTC+8)