Cardano Founder Unveils Bold Plan: Ecosystem Treasury for ADA, Midnight, and Top 50 Tokens
Charles Hoskinson drops a bombshell proposal—a unified treasury for Cardano's flagship assets and the network's top performers.
Here's the breakdown:
The Vision: A self-sustaining war chest
Hoskinson's plan would pool resources from ADA, privacy-focused Midnight protocol, and the 50 highest-value native tokens on Cardano. No more begging for VC funding—just decentralized capital deployment at scale.
The Mechanics: Darwinian tokenomics
The treasury would automatically rebalance based on market performance—survival of the fittest meets decentralized finance. Tokens that deliver get more backing; laggards get Darwin'd out of the allocation.
The Punchline: Wall Street hates this trick
While traditional finance still struggles with multi-sig wallets, Cardano's proposing an autonomous, algorithmic treasury system. Maybe banks should focus less on blockchain 'pilot programs' and more on not being obsolete.
Comments On Hoskinsons ProposalComments On Hoskinson's Proposal
However, while a handful of the reactions supported the proposal or something similar, a few others disagreed. For instance, a user favored Hoskinson’s initial idea of a stablecoin investment, insisting that Cardano should fix its stablecoin liquidity issues.
Remarkably, Hoskinson’s proposals all aim at moving Cardano’s treasury from an unmanaged single-asset on-chain reserve to a multiple-coin off-chain treasury. He believes this would generate yield for the ecosystem and, in turn, boost reserves.