🚀 **Sky's the Limit: DeFi Pioneer Ditches Wrapped Bitcoin!**

- Sky, formerly Maker, is waving goodbye to wrapped Bitcoin (WBTC) after a governance vote.

- The community overwhelmingly supported the move with 88.17% approval.

- Sky will offload WBTC in phases, starting Oct. 3 and ending Nov. 28.

- Concerns over WBTC ownership and control, linked to Justin Sun, sparked the decision.

- Alternatives like Coinbase’s cbBTC and Threshold’s tBTC are being considered.

- Aave is also eyeing WBTC exposure, but no offboarding yet. 🧐

Stay tuned for more crypto shenanigans!