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Cardano Pushes DeFi and Real-World Assets With 120M ADA Program and Copper Proposal

Cardano Pushes DeFi and Real-World Assets With 120M ADA Program and Copper Proposal

Photo: CaptainAltcoin

Cardano is making a fresh push to expand both its DeFi ecosystem and its real-world asset footprint. At the same time, a separate governance proposal is asking for 22 million ADA, worth roughly $5 million at the proposal’s reference price, to purchase physical copper and tokenize it on-chain. The two initiatives are very different, but together they show Cardano trying to address one of its biggest weaknesses: turning its large community and treasury into more actual economic activity on the network.

Source: CaptainAltcoin

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