DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin...

DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger

5
0
SHARE
This post was originally published on this site

Source: Coindesk.com

Sky, the decentralized finance lender formerly known as MakerDAO, will vote on fully ditching wrapped bitcoin (wBTC) from its ecosystem, according to a Thursday governance post, potentially a major development in DeFi since the platform has $200 million of loans collateralized by the token.

WBTC is a token that allows investors to use bitcoin (BTC) on other

Read More https://www.coindesk.com/business/2024/09/12/defi-lending-giant-sky-sets-vote-to-offload-wrapped-bitcoin-as-justin-sun-concerns-linger/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger" appeared first here Coindesk.com.

Source: Coindesk.com

NO COMMENTS

LEAVE A REPLY