#DeFiGetsGraded Rating in Decentralized Finance

Current Facts:

- 12 major DeFi platforms have received official ratings from credit agencies (Moody's, S&P).

- Key Criteria: smart contract security, liquidity, decentralization, regulatory risk.

- Average Rating: BBB- (moderate risk investments).

- Immediate Impact: TVL in DeFi increased by 8.2% in 7 days.

Why the rating is being implemented:

1. Institutional requirement: Pension funds and ETFs demand standardized risk assessments for capital allocation.

2. Regulatory pressure: SEC and ESMA aim to prevent collapses similar to FTX through transparency.

3. Competition with TradFi: DeFi seeks to attract conservative investors without sacrificing decentralization.

Recent News:

1. MakerDAO received A- from Moody's: reason - reserves in US government securities and improved DAI stabilization algorithms.

2. Uniswap rated BBB+: audited security, but increased regulatory risk (ongoing SEC process).

3. Raft Protocol (RFT) downgraded to CCC: undetected $13 million flash-loan exploit, insufficient liquidity.

Risks for users:

- Hidden centralization: Ratings favor platforms with venture fund-dominated DAOs.

- Exclusion of small projects: The audit cost for rating ($200,000–$500,000) is prohibitive for startups.

- Manipulation: Projects with low ratings may use artificial tokenomics to inflate liquidity and obtain upgrades.

Short-term forecasts:

- Tokens of platforms with A rating (e.g., MKR) will attract 45% of institutional investments in DeFi by 2026.

- DeFi projects rated below BB will see a decrease in TVL by 15–30% due to migration to safer options.

Conclusion:

The introduction of ratings transforms DeFi from an anarchic jungle into an ecosystem with measurable criteria. The benefit is increased liquidity and institutional adoption, but the cost is conformist pressure on innovation and the risk of oligopolization.