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). After the proposal was announced, the ADA price dropped by 6%, and there were differing opinions within the community. Some believe this is a bold move towards the maturity of the ecosystem, while others think it carries risks given 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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Event time: June 14, 2025, 14:00 to June 15, 2025, 14:00 (UTC+8)

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