#DeFiGetsGraded S&P Global has awarded its first-ever credit rating to a DeFi protocol, Sky, a B rating. This marks a significant milestone in the institutional adoption of decentralized finance. This could pave the way for traditional financial institutions to participate in DeFi by providing a basic framework for risk assessment.

💬 How will the introduction or impact of traditional credit ratings impact these core decentralized principles of DeFi? Will the integration of these centralized elements help DeFi gain broader trust and adoption by institutions, or will it risk undermining decentralization and raising concerns about centralization.