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Promote with Leviathan NewsHoskinson floated converting 5-10% of the 1.7B ADA treasury into BTC earlier this year after Cardano DeFi TVL stayed flat near $300M through a whole bull cycle — the scaled-back plan is basically admitting the original dev-grant spray-and-pray failed. Micro-fees on Leios and BTC-backed credit are both bets on import rather than build: pull Bitcoin liquidity in because native ADA liquidity never materialized, and spread SPO revenue across volume because per-tx economics stop working once throughput jumps 50x.
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CoinTelegraph ·
The Block ·
Crowdfundinsider ·
app.santiment.net ·
cardanofoundation.org ·
decrypt.co ·
CoinTelegraph ·
The Block ·
Crowdfundinsider ·
app.santiment.net ·
cardanofoundation.org ·
decrypt.co ·
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