🚀 Sky (formerly Maker) is shaking things up in DeFi! Following a three-day governance vote, the platform is set to offload its wrapped Bitcoin (WBTC) collateral. With 88.17% of the community in favor, Sky will start the phased removal on Oct. 3, wrapping up by Nov. 28. 🗳️

Concerns over WBTC ownership and control, especially involving Justin Sun, sparked the move. Sky is eyeing alternatives like Coinbase's cbBTC and Threshold's tBTC.

What do you think about Sky's decision? Share your thoughts below! 👇

#DeFi #CryptoNews #WBTC