#DeFiGetsGraded Standard & Poor's Global granted its first-ever credit rating to the decentralized finance (DeFi) protocol, awarding Sky a B- rating, representing a significant achievement in institutional adoption of decentralized finance. This could pave the way for traditional financial institutions to engage in decentralized finance by providing foundational frameworks for risk assessment. How will the introduction or impact of traditional credit ratings affect these core decentralized principles of decentralized finance? Will the integration of these central elements help decentralized finance gain broader trust and wider adoption by institutions, or will it risk undermining decentralization and raise concerns about centralization?