Cardano founder Charles Hoskinson proposed using 140 million ADA (approximately $100 million) from the foundation's treasury to promote the development of the DeFi ecosystem, with plans to purchase Bitcoin (BTC) and Cardano's native stablecoins (USDM, USDA, IUSD). Following the announcement of this proposal, the price of ADA dropped by 6%, and the community is divided on the issue. Some believe this is a bold move towards ecosystem maturity, while others think it carries risks given the current market conditions and governance issues.

💬 What do you think of this proposal? How will this move affect the long-term value of ADA?

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Event Time: June 14, 2025, 14:00 to June 15, 2025, 14:00 (UTC+8)

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