Sky (formerly Maker) decided to remove WBTC from the platform after a vote with 88.17% support. 🗳️

- Started on October 3rd and ends on November 28th.

- SparkLend currently has $61.38 million in debt secured by WBTC.

- Concerns over ownership and control of WBTC related to Justin Sun.

Sky is considering other options such as Coinbase's cbBTC and Threshold's tBTC.

Aave is also considering reducing its exposure to WBTC due to similar concerns.

What do you think about this move? Comment below! 💬#Crypto#DeFi #Bitcoin