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Cardano plans to invest $30 million in building core infrastructure to inject critical Liquidity for Decentralized Finance development.
Cardano is planning to inject critical liquidity into its long-weak DeFi infrastructure through a fund worth approximately $30 million. According to a proposal submitted on November 27, Cardano aims to utilize 70 million ADA to introduce top stablecoins, accomplices, cross-chain bridges, pricing Oracle Machines, and institutional-level analytical tools to establish a real economic foundation for the network by 2026.
This proposal is jointly promoted by Input Output, EMURGO, the Cardano Foundation, Intersect, and the Midnight Foundation, showcasing an unprecedented collaboration within the ecosystem. The core goal behind it is clear: to fill the infrastructure gap that has affected Cardano's development over the years.
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