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ADA news: Cardano holders are being asked to bet $5 million on copper hitting a new record
Summary by Coin Desk
4 Articles
4 Articles
ADA news: Cardano holders are being asked to bet $5 million on copper hitting a new record
Toto Finance wants 22 million ADA from Cardano’s treasury to buy tokenized copper, and the metal would have to trade well above its all-time high for holders to get their money back.
·New York, United States
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Toto Finance requests 22,000,000 ADA, equivalent to about $5,000,000, from Cardano's treasure to buy physical copper and convert it into tokens. According to the calculations included in the proposal, the price of metal would have to rise about 49.4% for the treasure to recover its investment.
Toto Finance requests 22 million ADA from Cardano's treasury for a tokenized copper reserve; vote ends on 15 November
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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