Cardano创始人查尔斯·霍斯金森（Charles Hoskinson）提出了一种积极的策略，以创建自我维持的资金循环

输入：输出：标题：将价值1亿美元的ADA转换为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创始人查尔斯·霍斯金森（Charles Hoskinson）提出了一种积极的策略，以使用生态系统的一部分国库基金来创建自我维持的资金循环。

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问我（AMA）会议上分享了该提案。它遵循用户在Cardano生态系统中要求更多稳定流动性的请求。

Converting $100M Worth of ADA to USDM

将价值1亿美元的ADA转换为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）在解决该请求时建议，Cardano的财政部的一部分目前持有17亿ADA（12.3亿美元），可以转换为生态系统的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.

根据霍斯金森的说法，该提议将增强网络的稳定流动性。具体来说，他提到生态系统团队可以将1亿ADA或价值1亿美元的代币转换为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.

转换之后，霍斯金森（Hoskinson）提出，卡尔达诺（Cardano）可以与大型对冲基金Brevan Howard合作，以增强生态系统中的关键活动，包括总价值锁定（TVL）和市盈率。

Boosting Treasury Returns

提升财政部回报

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.

除了提高网络的TVL外，霍斯金森（Hoskinson）断言该计划可以帮助Cardano产生估计的年收益5-10％。据他说，该计划产生的收入将用于从公开市场购买ADA并返回财政部。

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.

在后续X帖子中，Cardano创始人特别提到该计划每年可能产生500万至1000万美元的ADA。

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

该策略将有效地将收益率回收到财政部的金库中，从而有可能减少循环中ADA的数量。

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

每年它将返回价值5-1亿美元的ADA-Charles Hoskinson（@IOHK_Charles）2025年6月10日

Attract VCs Via Strategy

通过策略吸引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，他推测，Stablecoin流动性策略还可以吸引高层风险资本家（如A16Z和Pantera Capital）进入Cardano生态系统。

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创始人建议这些风险投资在2500万美元至4500万美元之间。值得注意的是，霍斯金森（Hoskinson）并不是风险投资家（VCS）的粉丝，因为他们一直看着卡尔巴诺（Cardano），而不是其他区块链项目，例如索拉纳（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，他建议A16Z在其2024年的加密报告中忽略了Cardano，因为它在网络中没有财务利益。在2025年在多伦多共识期间，Cardano创始人讲述了他如何拒绝VCS参加午夜发布会的要约。

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.

预计午夜项目将在两晚播放，并向3700万散户投资者（包括持有比特币和XRP的零售投资者）进行粉尘代币。霍斯金森（Hoskinson）强调，VC和早期内部人士没有夜晚或灰尘分配。