#CardanoDebate
Great debate in Cardano! 🚀
The founder of Cardano, Charles Hoskinson, has proposed using 140M ADA (equivalent to about $100M!) from the Cardano treasury. What's the goal? To boost the growth of DeFi through the purchase of Bitcoin (BTC) and native Cardano stablecoins like USDM and IUSD.
This news has generated a lot of buzz, and the Cardano community is debating intensely! 💬 In fact, ADA has fallen 6% after the announcement, while the market watches closely.
What do you think of this strategy? 🤔
Some see it as a bold move to strengthen Cardano's DeFi ecosystem, while others may have concerns about the allocation of funds or the impact on the price of ADA.
Join the debate and share your perspective!