$ADA #CardanoDebate

The current debate surrounding Cardano revolves around a proposed $100 million treasury allocation to boost DeFi liquidity. The plan, spearheaded by TapTools, involves deploying 140 million ADA tokens to provide liquidity for stablecoins and strengthen Cardano's DeFi infrastructure. However, the community is divided on the proposal.

*Arguments Against the Proposal:*

- *Sell Pressure*: Introducing 140 million ADA tokens into the market could lead to significant sell pressure, potentially driving the price down. Influential account @cardano_whale warned that governance proposals are often front-run by traders, which could result in the supply being sold at a lower price ($0.50) than intended ($0.70).

- *Premature Plan*: Some community members view the plan as premature, considering the current market weakness and ADA's inability to hold above $0.68.