#DeFiGetsGraded 📌 Historical Moment: Sky Protocol Receives “B-” Rating from S&P Global

Marking the intersection between the worlds of DeFi and TradFi—a bridge that brings hope and dilemmas.

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⚖️ Positive Side: Legitimacy & Institutional Adoption

- Validation from reputable institutions → attracting interest from banks & large investors

- Familiar risk assessment → paving the way for ETFs & mutual funds

- Push for transparency & governance → strengthening the ecosystem

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🧩 Risk Side: Threats to Decentralization

- Concentration of power → contrary to DeFi principles

- Adjustment to TradFi standards → could hinder innovation

- Dependence on external authorities → reducing trustless nature

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🔮 Middle Way: Measured Decentralization

Sky is starting to reform: expanding voting rights, reducing founder dominance, and exploring hybrid models.