#DeFiGetsGraded
๐Sky Protocolโs B- Rating
In a historic first, S&P Global has given a DeFi platform, Sky Protocol (ex-MakerDAO), an official B- credit rating with a stable outlook. This marks a leap in mainstream recognition for DeFi, but also flags risksโcentralized governance, low capital reserves (~0.4%), high depositor concentration, and regulatory uncertainty.
A B- means Sky can meet obligations in calm markets but remains vulnerable under stress. Still, the move signals a new era where DeFi is judged by traditional finance standards.
Bottom line: Ratings bring credibilityโbut also accountability. For halal-conscious and cautious investors, transparency and strong governance will be the key to trust in the DeFi future.