Cardano創始人查爾斯·霍斯金森（Charles Hoskinson）提出了一種積極的策略，以創建自我維持的資金循環

輸入：輸出：標題：將價值1億美元的ADA轉換為USDM

Cardano founder Charles Hoskinson has proposed a proactive strategy to create a self-sustaining funding loop using a portion of the ecosystem’s treasury funds.

Cardano創始人查爾斯·霍斯金森（Charles Hoskinson）提出了一種積極的策略，以使用生態系統的一部分國庫基金來創建自我維持的資金循環。

The proposal was shared by Hoskinson during a recent Ask Me Anything (AMA) session on Saturday. It follows a user’s request for more stablecoin liquidity within the Cardano ecosystem.

霍斯金森在最近的一次問我（AMA）會議上分享了該提案。它遵循用戶在Cardano生態系統中要求更多穩定流動性的請求。

Converting $100M Worth of ADA to USDM

將價值1億美元的ADA轉換為USDM

Addressing the request, Hoskinson suggested that a portion of Cardano’s treasury, which currently holds 1.7 billion ADA ($1.23 billion), could be converted to the ecosystem’s fiat-backed stablecoin, USDM.

霍斯金森（Hoskinson）在解決該請求時建議，Cardano的財政部的一部分目前持有17億ADA（12.3億美元），可以轉換為生態系統的FIAT支持的Stablecoin，USDM。

This proposal, according to Hoskinson, would enhance the network’s stablecoin liquidity. Specifically, he mentioned that the ecosystem team could convert 100 million ADA or $100 million worth of the token into USDM.

根據霍斯金森的說法，該提議將增強網絡的穩定流動性。具體來說，他提到生態系統團隊可以將1億ADA或價值1億美元的代幣轉換為USDM。

Following the conversion, Hoskinson proposed that Cardano could partner with major hedge fund Brevan Howard to enhance key activities within the ecosystem, including total value locked (TVL) and market-making.

轉換之後，霍斯金森（Hoskinson）提出，卡爾達諾（Cardano）可以與大型對沖基金Brevan Howard合作，以增強生態系統中的關鍵活動，包括總價值鎖定（TVL）和市盈率。

Boosting Treasury Returns

提升財政部回報

Besides boosting the network’s TVL, Hoskinson asserted that the initiative could help Cardano generate an estimated annual return of 5-10%. According to him, the income generated from this initiative will be used to purchase ADA from open markets and returned to the treasury.

除了提高網絡的TVL外，霍斯金森（Hoskinson）斷言該計劃可以幫助Cardano產生估計的年收益5-10％。據他說，該計劃產生的收入將用於從公開市場購買ADA並返回財政部。

In a follow-up X post, the Cardano founder specifically mentioned that the initiative could generate between $5 million and $10 million worth of ADA annually.

在後續X帖子中，Cardano創始人特別提到該計劃每年可能產生500萬至1000萬美元的ADA。

This strategy will effectively recycle the yields into the treasury’s coffers, potentially reducing the amount of ADA in circulation.

該策略將有效地將收益率回收到財政部的金庫中，從而有可能減少循環中ADA的數量。

Every year it would return 5-10 million dollars worth of ada— Charles Hoskinson (@IOHK_Charles) June 10, 2025

每年它將返回價值5-1億美元的ADA-Charles Hoskinson（@IOHK_Charles）2025年6月10日

Attract VCs Via Strategy

通過策略吸引VC

Additionally, he speculated that the stablecoin liquidity strategy could also attract top venture capitalists like a16z and Pantera Capital to the Cardano ecosystem.

此外，他推測，Stablecoin流動性策略還可以吸引高層風險資本家（如A16Z和Pantera Capital）進入Cardano生態系統。

The Cardano founder suggested these VCs could invest between $25 million and $45 million. It is worth noting that Hoskinson has not been a fan of venture capitalists (VCs), as they have consistently over looked Cardano in favor of other blockchain projects, such as Solana.

Cardano創始人建議這些風險投資在2500萬美元至4500萬美元之間。值得注意的是，霍斯金森（Hoskinson）並不是風險投資家（VCS）的粉絲，因為他們一直看著卡爾巴諾（Cardano），而不是其他區塊鏈項目，例如索拉納（Solana）。

Last year, he suggested that a16z ignored Cardano in its 2024 State of Crypto report because it owns no financial stake in the network. During Consensus 2025 in Toronto, the Cardano founder recounted how he turned down VCs’ offers to participate in the Midnight launch.

去年，他建議A16Z在其2024年的加密報告中忽略了Cardano，因為它在網絡中沒有財務利益。在2025年在多倫多共識期間，Cardano創始人講述了他如何拒絕VCS參加午夜發布會的要約。

The Midnight project is expected to airdrop two NIGHT and DUST tokens to 37 million retail investors, including those holding Bitcoin and XRP. Hoskinson stressed that there is no NIGHT or DUST allocation for VCs and early insiders.

預計午夜項目將在兩晚播放兩晚，並向3700萬個散戶投資者（包括持有比特幣和XRP的零售投資者）粉塵。霍斯金森（Hoskinson）強調，VC和早期內部人士沒有夜晚或灰塵分配。