🚨 Cardano Treasury Shake-Up? 💰
Founder Charles Hoskinson has proposed allocating 140M ADA (≈ $100M) from the Cardano Treasury to fuel DeFi growth.
🔁 The plan:
✅ Use funds to buy Bitcoin (BTC)
✅ Acquire Cardano-native stablecoins like USDM, USDA, and iUSD
📉 Following the announcement, ADA price dipped ~6%, reflecting mixed sentiment across the community.
💬 Some see it as a bold leap toward ecosystem maturity, while others raise red flags over market risks and governance transparency.
🧠 What’s your take?
Could this strategic bet boost Cardano's long-term value, or is it a risky move in uncertain market conditions?
⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice. Always do your own research before making investment decisions.
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