#DeFiGetsGraded Recently, S&P Global, the same ones who failed to notice the mortgage crisis of 2008, decided to grant a credit rating to a DeFi protocol for the first time. Congratulations to Sky for its rating of B-. Yes, exactly 'B minus', as if DeFi were a student who finished an exam with a mediocre grade, but promises to 'improve for next semester'. We can call this a hybrid; the use of tools to measure traditional finance has reached the point of evaluating and measuring decentralized finance DEFI.... everything is definitely migrating to a new unconventional system of finance.

This clear move by S&P Global establishes precisely this new configuration regarding the use of traditional technical analysis mechanisms for the future, and the credit rating assigned to a DeFi protocol, granting Sky a rating of B-, marks a significant milestone in the institutional adoption of decentralized finance....

Another level of demands? Or does that measure of use fit perfectly....