#DeFiGetsGraded DeFi is evolving rapidly and is now receiving official ratings like traditional finance ๐Ÿ˜Š. Recently, S&P Global awarded its first credit rating to a DeFi protocol โ€“ Sky (formerly known as MakerDAO), giving it a B- ๐ŸŒŸ. This is a significant milestone that shows that decentralized finance is becoming more transparent and attractive to institutional investors ๐Ÿ“ˆ. Sky offers stablecoins like USDS and allows loans against collateral, with a focus on security and governance ๐Ÿ”’. The B- rating signifies moderate risk but highlights strengths in transparency and performance ๐Ÿ‘. This could open the door for more ratings for other protocols like Aave or Uniswap, making DeFi more accessible ๐Ÿšช. Investors should keep an eye on these developments because knowledge leads to profits ๐Ÿ’ก. With more regulation and ratings, DeFi will become a safer place for everyone ๐Ÿ›ก๏ธ.