According to Foresight News, DeFi protocol Sky (formerly MakerDAO) has passed a proposal to divest $200 million of WBTC exposure. The proposal is divided into five stages, using a linear interpolation (LERP) mechanism to gradually increase the liquidation ratio (LTV) of WBTC-A, WBTC-B, and WBTC-C vaults until all remaining positions are closed or liquidated. The first step will be implemented on October 3, and the final stage will end on November 28.