#CardanoDebate Token ADA Cardano dropped by 6.01% to $0.6412 as the market reacted to macroeconomic volatility and heated governance debates regarding the proposed allocation of $100 million from the treasury aimed at strengthening the DeFi ecosystem.

On Wednesday, the TapTools team asked their followers on X what they think about the idea of allocating 140 million ADA (approximately $100 million) to provide liquidity for stablecoins like USDM and support the growing sector of decentralized finance in Cardano.