Founder Charles Hoskinson proposed to use 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). Following the announcement of this proposal, the ADA price fell by 6%, and the community is divided on this issue. Some believe this is a bold move towards the maturity of the ecosystem, while others think this action poses 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?