📢 #CardanoDebate – The Cardano community is divided after Charles Hoskinson proposed allocating US$ 100 million from the treasury in ADA to strengthen the DeFi ecosystem and stablecoins like USDM/USDA. The reaction was immediate: ADA dropped about 6%, testing support at US$ 0.62–0.64. Supporters argue that gradual conversion via OTC or algorithmic executors would minimize price impact. Critics, including influencers and whales, warn of the risk of selling pressure and front-running. The debate also involved discussions about scalability – with skepticism about current TPS (~18 TPS) versus theoretical potential via Leios (~10,000 TPS). The crucial point now: prioritize immediate liquidity or focus on sustainable growth and solid governance.
💬 Do you support the allocation to DeFi or do you think it's too early for this move?
#Cardano #ADA #CryptoGovernance