#CardanoDebate 📉 What happened?
Cardano ADA has dropped by about 6% due to internal controversy within the community regarding:
💰 A proposal to withdraw a large amount:
A proposal to withdraw between 100 to 140 million ADA from the project's treasury.
The goal of the withdrawal: to support the liquidity of stablecoins within the Cardano system.
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🧠 What is the reason for the controversy?
The community has split into two teams:
🔵 The first team (like Charles Hoskinson – founder of Cardano):
Believes this step is necessary to expand the use of Cardano in decentralized finance (DeFi), increase liquidity, and attract users.
🔴 The second team:
Believes this decision is risky and hazardous, as it means using a large part of the treasury and may expose the project to future financial fluctuations.
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📰 Other comments:
Some point out that this decline in ADA is not only due to the proposal but also because ADA heavily relies on the movement of Bitcoin BTC.
Others raise the question:
> Has the Cardano treasury become just a liquidity door, or is it a tool to maintain the project's stability?
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💬 Summary:
This is an important discussion because it concerns the management of the project's funds.
It directly affects investor confidence.
You may see fluctuations in the price of ADA in the coming days due to the ongoing discussion.
