Charles Hoskinson provided the sharpest ultimatum of the Cardano community, saying to viewers about the nutrition of the white album from June 16 that “will simply retire” if the network rejects its plan to review its 1.7 billion treasury Ada-Treaz value of approximately USD 1.1 billion at the current price of a place of about 0.64 USD for ADE-effective supermoc.

Cardano at the crossroads

Hoskinson opened With a clear assessment: the State Treasury in the chain-football $ 1.7 billion, worth about $ 680 million at current market prices-a “passive, unambiguous, unquestionable” pool whose purchasing power collapsed when Ada fell from the summit of 2021 to 3 to 3 to last year 0.25 USD. “If you break down, you lose huge amounts of your spending force,” he warned, contrasting with today’s reduced leadership of the war with “almost five billion dollars of shopping”, which the State Treasury briefly commanded during the last bull.

Hoskinson’s solution is the same architecture financed by sovereign health financing, which he first lifted a week ago, but this time the boss of IOG fidged the mechanics-assuming up to 100 million Ada in cash through “ice” and then the implementation of the artistic strategy, and then the profitability of ADA or. investments. The structure sat at Dao Wyoming, which is the owner of an offshore vehicle in BVI or KAYMAN, employing professional asset managers and is subject to a selected, examined managing council.

What made the session unusual – and electrified social channels – was a tone of Hoskinson. He confessed that he was “completely tired” with “analysis of paralysis” and Vitriol on X, declaring: “I’m not going to hug people anymore … I will tell you in a sincere, adult way we have to do.”

Then an ultimatum appeared: “Our burden is the submission of management, and you can decide. […] It will become very clear to me if I share ideas and they are not accepted that the ecosystem has lost confidence in my ability to lead, in the ideas that I bring to the table. In this case, I do not provide value to the ecosystem and I will simply retire. If you take ideas and succeed, I will stay. If you accept ideas and fail, of course I have bad ideas. There is no ego in this. This is only an objective reality. And that’s where we’re there. “

Hoskinson continued to refer to the recent complaint of fraud and conflict with the Cardano Foundation. He clearly emotionally continued: “I regret again that I can’t be prettier, but again, the rubikons were crossed, the things were done, and the wounds never heal because of what was said and done. And I am completely tired of the current analysis of the paralysis in which we got stuck.”

He warned the Cardano community that the ecosystem still has a lot of catching up in many areas compared to competitors, and that it would be possible only with a functional treasure. “We are not a market leader. Although we enjoy technological superiority, we currently do not have a fully functioning superiority of management, or we do not have the momentum of investments necessary for number one. Now, with a good strategy, good management and decisive activities, we can develop each year and get a very strong position. But we have to act.”

Cardano Sovereign property mechanics

Hoskinson argued that the proposed fund can “save the pump” by sowing both Stablecoin Cardano issuers (USDM, USDA) and Bitcoin Defi protocols, using BTC belonging to the treasure to encourage liquidity from the largest cryptocurrency resource in the world. “The headline, which Cardano holds the position in Bitcoin as an ecosystem, is very powerful,” he said, pointing to cross partnerships and chain chain charging, which would eventually return to ADA owners.

Critics in Cardano expressed the fears that, apart from discharging the nine -digit tranches, Ada can scratch the price of a token or saddles Dao with Wall Street charges. Hoskinson replied both points. First of all, he quoted OTC liquidity, noting that “billions and billions of dollars of sale” were already absorbed during earlier sales without existential damage. Secondly, fees for a manager-“from 25 to 100 BPS”-as standard in the industry, which already supports the microphony, at all gray and the size of black.

To isolate the State Treasury from bad management, the Council chosen by Dao would control the asset manager, while the independent layer of audit will “check if everything that happens in this structure is correct”. The built-in “RIP-Cord” would allow the Cardano government to eliminate positions back to ADA if acid strategies.

The formal management of management is expected to appear in Sporadic Evo in Denver in August this year, giving ADA voters the first opportunity to bless or reject the frame. Hoskinson explained that his future is based on the result: “If you take ideas and succeed, I will stay … If not, I will retire.”

For the ecosystem, which has long boasted of a measured, reviewed progress, the founder’s request for a decisive action-his threat of departure-the key moment results. Regardless of whether Cardano accepts an dynamic sovereign wealth fund or cling to your passive reserves, it can dictate not only the prospects of the DEFI chain, but also the role that Hoskinson plays in a project that he created eight years ago.

During the press, Ada traded at USD 0.63.

A highlighted image from YouTube, chart from tradingview.com

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