#DeFiGetsGraded S&P Global has assigned its first credit rating to a DeFi protocol, giving Sky a rating of B-, marking 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 essential risk assessment frameworks.

💬 How will the introduction or influence of traditional credit ratings affect these fundamental decentralized principles of DeFi? Will incorporating centralized elements help DeFi gain greater trust and adoption from institutions, or risk compromising decentralization and raise concerns about centralization?$SOL #ETH5kNext?