#CardanoDebate
๐จ Cardano Treasury Controversy ๐จ
Charles Hoskinson has proposed using 140M ADA (~$100M) from the Cardano treasury to supercharge DeFi โ by purchasing BTC and Cardano-native stablecoins like USDM, USDA, and iUSD.
๐ $ADA dropped 6% following the announcement, sparking heated debate in the community.
๐ฅ Supporters call it a bold push for ecosystem maturity.
โ ๏ธ Critics warn of risky spending, market uncertainty, and lack of decentralized governance.
๐ฌ Whatโs your take?
Is this the move Cardano needs to stay competitive โ or a gamble that could backfire?
๐ Sound off below!