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, planning to purchase Bitcoin (BTC) and Cardano's native stablecoins (USDM, USDA, IUSD). Following the announcement of this proposal, the ADA price dropped by 6%, and the community has mixed opinions on this matter. Some believe this is a bold move towards the maturity of the ecosystem, while others see risks given the current market conditions and governance issues.

💬 What do you think about 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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