#CardanoDebate Cardano founder Charles Hoskinson proposed using 140 million ADA (~100 million USD) from the treasury to boost DeFi growth by purchasing BTC and stablecoins of Cardano (USDM, USDA, IUSD). The value of ADA fell by 6% after the announcement, as the community remains divided. Some see it as a bold step towards the maturity of the ecosystem, while others argue it is fraught with risks due to market conditions and governance concerns.

What do you think of this proposal? How will this move affect the value of ADA in the long run?

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