DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun...

DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns

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Source: Coindesk.com

Sky, the decentralized finance lender previously known as MakerDAO, will move forward with a plan to offboard wrapped bitcoin (WBTC) as collateral, following a vote that closed on Thursday and garnered overwhelming support from the project's community.

The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by

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The post "DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns" appeared first here Coindesk.com.

Source: Coindesk.com

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