The founder of Cardano, Charles Hoskinson, proposed using 140 million ADA (approximately 100 million USD) from the foundation's treasury to promote the development of the DeFi ecosystem, planning to purchase Bitcoin (BTC) and Cardano's native stablecoins (USDM, USDA, IUSD). Following the announcement of this proposal, the price of ADA fell by 6%, with mixed opinions in the community. Some believe this is a bold move towards ecosystem maturity, while others see risks in light of the current market conditions and governance issues.

 

💬 What are your thoughts on this proposal? How will this move affect the long-term value of ADA?

 

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