#Cardano Founder Proposes $100M ADA Treasury Allocation to Boost $DEFI – Community Reacts
Charles Hoskinson, the visionary behind Cardano, has suggested using 140 million $ADA DA (approximately $100 million) from the project’s treasury to accelerate DeFi development. His proposal includes purchasing Bitcoin and Cardano-native stablecoins such as USDM, USDA, and IUSD.
The idea sparked mixed reactions across the community. While some believe it's a strategic move to strengthen Cardano’s DeFi ecosystem and long-term value, others express concern about the timing, market volatility, and governance transparency. Following the announcement, ADA experienced a 6% price dip as debates intensified.
What do you think about this proposal? Could it shape ADA’s future growth, or is it too risky right now?
🔔 Want to earn Binance Points? Complete your daily tasks in Task Center:
✅ Create a post using #CardanoDebate or $ADA
✅ Share your Trader’s Profile
✅ Post a trade using the widget – and get 5 points!
🗓 Activity Period: June 14, 2025, 06:00 (UTC) – June 15, 2025, 06:00 (UTC)
🏃♂️ Points are limited – make sure to complete your tasks and claim rewards before they’re gone!
