Cardano dares Bitcoiners and shows a strong sign of good faith.
Charles Hoskinson is ready to reveal greater interoperability for the Bitcoin ecosystem.
Hoskinson prepares to risk millions in ADA to prove BTC holders can earn passive income.
Charles Hoskinson has been working for a very long time to make the Cardano ecosystem what it is today. A core aspect of his vision for Cardano is interoperability. He aims to create complete cooperation between all blockchain ecosystems. Presently, Cardano dares Bitcoiners, as Hoskinson shows he is ready to risk millions in ADA to prove Bitcoin holders can earn passive income on Cardano.
Cardano Dares Bitcoiners
Charles Hoskinson’s 10-year-long journey to deliver a Cardano ecosystem that is truly decentralized has brought much attention to the Cardano blockchain. After extensive research and peer-reviewed upgrade launches, the Cardano ecosystem is recognized as one of the most promising blockchains in the space, if not the best. Hoskinson has always wanted ecosystems to work together in harmony.
This would require seamless interoperability between all these blockchains. One of the strongest ways to prove Cardano’s interoperability potential is to show how compatible it is with the pioneer blockchain, Bitcoin. Presently, Charles Hoskinson is prepared to risk millions in ADA to prove to Bitcoin holders that they can earn passive income with their Bitcoin (BTC) on the Cardano ecosystem.
https://twitter.com/Crispy_Craps/status/1936477226859454806
As we can see from the post above, Hoskinson makes it clear that he was Bitcoin DeFi in the Cardano ecosystem. Hoskinson highlights how Bitcoin is a promising token, one that probably everyone should hold, a token with greater value. So, as a sign of good faith to the Bitcoin ecosystem, Hoskinson is willing to take ADA and risk it to showcase how Bitcoiners can make money on the Cardano ecosystem.
Bitcoin Holders to Earn Passive Income on Cardano
He then goes on to explain that over 50 million Bitcoins are placed in Cardano as ADA, inviting Bitcoin holders to see the profits being yielded on the Cardano ecosystem and join in to earn passive income through their Bitcoin holdings via Cardano. He says that the aim is to have that 50 million grow to 50 billion and increase TVL, matching them up to other popular blockchains TVL, like Solana.
https://twitter.com/MinswapIntern/status/1936508932119572891
He says someone has to take the first step, and Cardano is willing to put their on-chain treasury to be the first, allowing BTC earning yield to grow on Cardano. The project is also gaining more attention as Midnight tokenomics is expected to be released on Monday, bringing the community closer to the long-awaited ‘Glacier Drop’ airdrop. This, paired with ADA ETF approval on the horizon, bodes well for the price of ADA to pump exponentially.
