According to PANews, the Cardano Foundation has announced the next phase of its application roadmap, outlining several key initiatives. The foundation plans to provide substantial liquidity for Cardano's stablecoin projects, with up to eight figures worth of ADA allocated. Additionally, efforts will be made to support the adoption and liquidity of decentralized finance (DeFi) through stablecoin DeFi liquidity budgets.
In a move to enhance governance, the foundation will delegate 220 million ADA tokens to new decentralized representatives (DReps). Furthermore, a real-world asset (RWA) project exceeding $10 million in scale is set to be launched, aiming to integrate tangible assets into the Cardano ecosystem.
The foundation also plans to allocate 2 million ADA tokens to the Venture Hub, fostering innovation and development within the network. Comprehensive promotional activities and application deployment are part of the strategy to expand Cardano's reach and impact.