Sebastien Guillemot of dcSpark announced a significant donation of 686,567 ADA to the Cardano treasury, worth about 460,000 USD. The donation included a 400,000 USD loan and 60,000 USD in interest calculated at a 6% APR.
This donation was delayed due to the implementation of the treasury donation feature on the Cardano blockchain. DcSpark also released a new version of the Cardano Rust SDK to support this function, enhancing developer tools. Despite market fluctuations, the Cardano treasury now holds over 1.72 billion ADA, equivalent to approximately 927.08 million USD.
Leave a Reply