Charles Hoskinson has proposed the use of 140M ADA (~$100M) from the treasury to promote DeFi growth by purchasing BTC and native Cardano stablecoins (USDM, USDA, IUSD). ADA fell 6% after the announcement, as the community remains divided. Some see it as a bold step towards ecosystem maturity, while others argue that it is risky given market conditions and governance issues.
What do you think about this proposal? How will this move affect the long-term value of ADA?
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Activity Period: 2025-06-14 06:00 (UTC) to 2025-06-15 06:00 (UTC)
