A very necessary proposal is to use 140 million ADA (approximately 100 million dollars) from the treasury to boost the growth of decentralized finance (DeFi) by purchasing Bitcoin and stablecoins specific to Cardano (USDM, USDA, IUSD). The value of ADA dropped by 6% following the announcement, as the cryptocurrency community remains divided. Some see it as a bold step towards the maturity of the ecosystem, while others view it as risky given market conditions and governance concerns.
💬 What do you think of this proposal? How will this move affect the value of ADA in the long term?
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