📢 Is this the step that Cardano needs… or an unnecessary risk? 🔥🤔
Charles Hoskinson has sparked the conversation by proposing to use 140 million ADA (~$100M) from the Cardano treasury to buy BTC and native stablecoins like USDM, USDA, and iUSD, aiming to boost the growth of its DeFi ecosystem. This move marks a strategic shift towards economic maturity and treasury diversification, but it has generated mixed reactions.
🔍 On one hand: ✅ It could improve liquidity in the ecosystem. ✅ It would encourage the use of native stablecoins. ✅ It positions Cardano as a more active player in DeFi.
😟 On the other hand: ❌ Many fear the volatility of ADA when disposing of such a large part of the treasury. ❌ Concerns arise about governance and the decision-making process. ❌ The 6% drop in the price of ADA shows that the market is still unconvinced.
💬 What do you think? Should a decentralized protocol make these kinds of strategic bets with treasury funds? Is it a step forward or a risky experiment?
🔄 Share your thoughts, this debate is just beginning.
