Cardano is Polkadot’ing hard lately. The fact that we are giving out another 300m+ $ADA at bear market lows to many devs that will sell the $ADA for stablecoins on Ethereum is a joke. We don’t even have the stablecoin depth to keep the liquidity flowing in our ecosystem. 1) Give out more $ADA grants 2) Grants lead to sell pressure of that $ADA 3) Swap that $ADA for stables on Ethereum 4) Rinse and repeat the next year We were told the gov proposals of 2025 and 2024 were the magic bullets Cardano needed, yet the last 24 hours of dex volume in our ecosystem barely touched $700,000 USD. The system needs to be fixed, otherwise we will struggle to maintain $0.30c the next time $BTC rallies to $100k and more and more people will leave. I am very passionate about Cardano, which is why I share this. $ADA will continue to bleed until changes are made. I agree that we need to spend and fund our talented devs to grow, it is necessary long-term and there are many great devs in Cardano that deserve funding, but an NCL of 350m $ADA at bear market lows when our yearly chain revenue is 700x smaller than that is simply insane. dReps, your move.