Cardano's founder has made it clear: treasury funds will not pay for exchange listing fees for ecological projects, including Midnight and Snek.Charles Hoskinson, the founder of Cardano, publicly refuted claims that the network's treasury would pay the listing fees for projects on exchanges. He emphasized that no project, including key ecosystem projects like Midnight and the largest meme coin project Snek, can use ADA from the Cardano treasury to pay for their applications to top-tier exchanges (Tier 1). Hoskinson suggested that project parties explore alternative funding options by applying to the treasury in the form of repayable bonds. Meanwhile, the Cardano community has voted to approve funding for core protocol upgrades (including Ouroboros Leios, Hydra, and Project Acropolis), and the price of ADA rose nearly 3% in a single day, with the approval probability of its Spot ETF rising to 83%.
MarketWhisper·2025-08-04 01:06