#CreatorPad S&P Global assigned its first credit

rating to the DeFi protocol, giving Sky

a rating of B-, which is a significant milestone in the institutional adoption of decentralized finance. This could pave the way for more traditional financial institutions to participate in DeFi by providing the necessary risk assessment frameworks.

How will the introduction or influence

of traditional credit ratings affect these foundational decentralized principles

of DeFi? Will the integration of such centralized elements help DeFi gain broader trust and acceptance from institutions, or does it risk compromising decentralization and raise concerns about centralization?