Cardano Poised to Hand Over $681 Million Treasury to Community
- Cardano has the 8th biggest treasury in the crypto industry.
- Upcoming upgrades would hand over Cardano’s treasury to the community.
- Cardano’s growing treasury reserves reflect tightened network activity.
Cardano is on the verge of a significant milestone: handing over control of its $681.9 million treasury to its community. This move, highlighted by crypto asset tracker TapTools, underscores Cardano’s commitment to decentralization and community governance.
A data screenshot attached to the TapTools post on X shows that Cardano’s treasury holds its native ADA tokens valued at $681.9 million at the time of the post. Unlike most blockchain protocols, Cardano’s treasury consists solely of ADA tokens, rather than a variety of stablecoins or other digital assets like Bitcoin and Ethereum.
Meanwhile, observers consider Cardano’s growing treasury reserves a reflection of increased network activity. Like most blockchain networks, Cardano uses its treasury to f…
The post Cardano Poised to Hand Over $681 Million Treasury to Community appeared first on Coin Edition.
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Cardano Poised to Hand Over $681 Million Treasury to Community
- Cardano has the 8th biggest treasury in the crypto industry.
- Upcoming upgrades would hand over Cardano’s treasury to the community.
- Cardano’s growing treasury reserves reflect tightened network activity.
Cardano is on the verge of a significant milestone: handing over control of its $681.9 million treasury to its community. This move, highlighted by crypto asset tracker TapTools, underscores Cardano’s commitment to decentralization and community governance.
A data screenshot attached to the TapTools post on X shows that Cardano’s treasury holds its native ADA tokens valued at $681.9 million at the time of the post. Unlike most blockchain protocols, Cardano’s treasury consists solely of ADA tokens, rather than a variety of stablecoins or other digital assets like Bitcoin and Ethereum.
Meanwhile, observers consider Cardano’s growing treasury reserves a reflection of increased network activity. Like most blockchain networks, Cardano uses its treasury to f…
The post Cardano Poised to Hand Over $681 Million Treasury to Community appeared first on Coin Edition.
Читать больше