Epic operations are coming to the Cardano ecosystem! Founder Charles Hoskinson is personally at the helm, launching a market-shattering liquidity plan for stablecoins, with core actions targeting two major moves:
Allocate $100 million worth of ADA from the Cardano treasury (currently holding 1.7 billion #ADA) directly into the ecosystem's native stablecoin USDM. This move injects super strong liquidity into the stablecoin system, akin to implanting a blood-producing machine into the "veins" of cryptocurrency.
Even more exciting, Cardano will team up with Brevan Howard, a management firm with over $20 billion in assets. This institution, renowned in the traditional finance sector, will enter the crypto space with a professional market-making team and risk control system, focusing on two battlefields:
#TVL (Total Value Locked) breakthrough battle: Activating asset deposits in DeFi protocols within the ecosystem through institutional-level strategies.
Liquidity market-making revolution: Using algorithmic trading engines to completely resolve the slippage issues in stablecoin exchanges.
Dual-core drive: This operation is far from a simple cash burn; it aims to build a "central bank + investment bank" for the crypto world.
Monetary side: Establishing a self-circulating stable currency system within the ecosystem through a two-way exchange mechanism between ADA and USDM.
Capital side: Introducing the trading algorithms and risk control models of traditional financial giant Brevan Howard is akin to equipping Cardano with a Wall Street-level financial engine.