#DeFiGetsGraded DeFiGetsGraded The S&P Global Agency has assigned a credit rating to a DeFi protocol for the first time, giving Sky a rating of B-, marking an important milestone in the institutional adoption of decentralized finance. This could pave the way for more traditional financial institutions to participate in DeFi, providing them with the necessary tools to assess risks.

💬 How will the introduction or influence of traditional credit ratings affect these foundational decentralized principles of DeFi? Will the inclusion of such centralized elements help DeFi gain broader trust and recognition from institutions, or could it jeopardize decentralization and raise concerns about it?