S&P Global granted its first-ever credit rating to a DeFi protocol, giving Sky a rating of B-, representing a significant milestone in the institutional adoption of decentralized finance. This could pave the way for traditional financial institutions to participate in DeFi by providing foundational frameworks for risk assessment.

💬 How will the introduction or impact of traditional credit ratings affect these core decentralized principles of DeFi? Will integrating these central elements help DeFi gain broader trust and adoption from institutions, or will it risk undermining decentralization and raise concerns about centralization?

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