**đ Sky Reconsiders WBTC Offboarding Plan After BA Labs Recommendation**
- Sky, formerly known as Maker, is hitting the pause button on its plan to offboard Wrapped Bitcoin (WBTC) as collateral. Thanks to a nudge from BA Labs, this decision is now up for an executive vote on Oct. 3.
- BitGo clarified its management and custody changes, committing to a 60-day notice for any future adjustments. This helped ease concerns within the Sky community.
- Despite initial plans to offboard WBTC, BA Labs now finds the collateral risk "more acceptable" with WBTC exposure dropping to $170M.
- BitGoâs Mike Belshe questioned the logic of favoring Coinbaseâs cbBTC over WBTC, citing uncollateralized risks.
Stay tuned for the vote results! đ
