#DeFiGetsGraded

Decentralized finance, or DeFi, just got a big update—one of its projects, Sky Protocol, was given a B− rating by Standard & Poor’s, a well-known company that grades how safe financial things are. This is the first time a DeFi project has been officially rated like a regular bank or business. It means people can now better understand how risky or trustworthy some DeFi platforms might be, which could help more people feel confident using them.

At the same time, other DeFi projects like Chainlink are teaming up with big companies to bring real-world financial data—like currency exchange rates and gold prices—onto the blockchain. These changes show that DeFi is growing up and trying to work more closely with traditional finance. But some people wonder if this will make DeFi less independent. Still, getting graded is a big step forward for making DeFi more clear and reliable.