Charles Hoskinson, founder of Cardano, proposed using 140 million ADA (approximately 100 million USD) 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 has mixed opinions on it. Some see it as a bold move towards the maturity of the ecosystem, while others believe it carries risks given the current market conditions and governance issues.

💬 What are your thoughts on this proposal? How will this action impact the long-term value of ADA?