#CardanoDebate Today the ADA token has decreased by over 6%, which is related to heated debates within the Cardano community regarding the proposal to allocate 140 million ADA (~$100 million) from the treasury to support the liquidity of stablecoins. This move aims to push the development of the DeFi ecosystem, but it has been received differently.
Hoskinson insists that the sale of ADA could be organized gradually — through OTC deals or algorithmic order execution (TWAP), to reduce price pressure. In contrast, critics, including the popular accumulating address “cardano_whale”, believe that the public announcement could lead to front-running and selling at lower prices — for example, from $0.70 to $0.50.