#DeFiGetsGraded &P Global assigned its first credit rating to the DeFi protocol, giving Sky a rating of B-, which is a significant step in the institutional adoption of decentralized finance. This could pave the way for more traditional financial institutions to participate in DeFi, providing the necessary framework for assessing risks.

💬 How will the introduction or influence of traditional credit ratings affect these core principles of decentralized finance? Will the inclusion of such centralized elements in DeFi help gain broader trust and acceptance from institutions, or could it jeopardize decentralization and raise concerns about centralization?

👉 Complete daily tasks in the Task Center to earn Binance points:

• Create a post using #DeFiGetsGraded ,

• Share your trader profile,

• Or share a trade using the widget to earn 5 points!

(Click on “+” on the main page of the Binance app and select the Task Center.)