Charles Hoskinson proposes putting Cardano's treasury to work by converting a portion of ADA into stablecoins and Bitcoin to generate yields.
He envisions a model similar to sovereign wealth funds to reinvest annual yields of 5-10% back into buying back ADA, ensuring a self-sustaining cycle.
Hoskinson aims to address the stablecoin imbalance in Cardano's treasury compared to competitors like Ethereum and Solana to boost DeFi development.
The proposal includes governance by a board of trusted community members to oversee the fund and make transparent decisions toward long-term stability.