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.
