#CardanoDebate Charles Hoskinson proposes to use 140M ADA from the treasury to boost DeFi in Cardano
The founder of Cardano, Charles Hoskinson, has proposed allocating 140 million ADA (approximately 100 million dollars) from the project's treasury to foster the growth of the DeFi ecosystem. The initiative aims to accelerate the development and adoption of decentralized applications (dApps), encourage innovation, and attract new users to the network. Hoskinson suggests that these funds could be used to subsidize promising DeFi projects, improve infrastructure, and support developers. The proposal has sparked a debate in the community regarding the sustainability and strategic use of the treasury. Cardano, known for its academic approach and phased development, could take a significant step toward consolidating its presence in the DeFi sector with this investment. The final decision will depend on the community's vote.