Will DeFi Revive with 140M ADA?
Cardano founder Charles Hoskinson makes an interesting suggestion:
๐ช Pump liquidity into DeFi by purchasing BTC and local stablecoins with the treasury.
But ADA investors are uneasy:
๐ Price drops 6%
๐ณ Governance concerns are being discussed
If this proposal is accepted:
โ New users and use cases could emerge
โ But poor timing could cause significant damage
๐ Do you think Cardano should take this risk?
