#DeFiGetsGraded ....
#DeFiGetsGraded ๐ข S&P Global Gives First-Ever Credit Rating to a DeFi Protocol!
S&P Global has officially rated a DeFi protocol for the first time ever โ giving Sky a B- rating. ๐
This is a major moment for the DeFi space and could open the doors for more traditional financial institutions to step in by bringing established risk assessment methods into the crypto world.
๐ญ My Thoughts:
The big question is โ will these traditional ratings help DeFi gain more trust and adoption from banks, funds, and big investorsโฆ or will they slowly bring in centralization and compromise the true decentralized spirit? ๐ค
Personally, I think itโs a double-edged sword โ trust from institutions is good, but we need to make sure decentralization stays at the heart of it.