🚀 Big moves in DeFi! Sky (formerly MakerDAO) has voted to offboard wrapped bitcoin (WBTC) as collateral, with 88% support from the community. This decision impacts $200M in loans and comes amid concerns over Justin Sun's involvement with BiTGlobal. 🌐

BA Labs initiated this plan, citing risks and pushing for a five-step process starting Oct. 3. Meanwhile, Aave's community remains skeptical about the need for such a move. What do you think? Is this a smart risk management strategy or an overreaction? Drop your thoughts below! 💬

#DeFi #Crypto #WBTC #Sky #MakerDAO #JustinSun