🚀 **Breaking News in DeFi!** 🚀

Sky, formerly known as MakerDAO, is set to offboard wrapped bitcoin (WBTC) as collateral after a community vote. With $200 million in loans tied to WBTC, this decision has been closely watched. The vote saw 88% in favor of the offboarding plan, which will unfold in five phases starting Oct. 3 and ending Nov. 28.

BA Labs, an advisor to Sky, pushed for this move due to perceived risks involving Tron founder Justin Sun and BiTGlobal. Meanwhile, Aave's community remains skeptical about the need to offboard WBTC.

What do you think about this move? Share your thoughts in the comments! 💬