Cardano founder Charles Hoskinson has proposed a new treasury model for the ecosystem, which has sparked active discussions within the community.
Proposal for a Diversified Treasury
In his latest proposal shared via X on July 8, Hoskinson suggested transforming the existing ADA-only treasury into a diversified digital asset reserve. The plan will encompass ADA, Midnight (a privacy-oriented token within the Cardano ecosystem), and the top 50 native Cardano tokens.
Community Discussion
Hoskinson's proposal sparked debate in the community. While some support the idea of diversification, others advocate for a more focused approach. Critics expressed concerns that such a broad scope might introduce lesser-known or low-utility tokens into the treasury, potentially diluting its value. In response, some members suggested narrowing the focus to the top 20 or 25 strongest tokens.
Potential of the New Treasury Model
If implemented, this new model could significantly enhance Cardano's ability to support homegrown projects and create sustainable funding mechanisms. It also aligns with a broader trend among blockchain ecosystems looking to optimize treasury management towards long-term decentralization and value creation.
As discussions unfold, the Cardano community eagerly awaits whether Hoskinson's ideas will evolve into actionable governance proposals and whether they can truly unlock the potential of one of crypto's most well-funded treasuries.
