Charles Hoskinson has issued a strong ultimatum to the Cardano community, stating during a whiteboard livestream on June 16 that he may "simply retire" if his proposal to reform the network's treasury is not accepted. The treasury currently holds 1.7 billion ADA, which is valued at approximately $1.1 billion based on the current price of around $0.64 per ADA.
Hoskinson's plan aims to transform the treasury into a more actively managed fund, highlighting the importance of strategic changes for the future of the Cardano network.
