đ Big news in the DeFi space! Sky (formerly MakerDAO) might hit pause on offboarding wrapped bitcoin (WBTC) as collateral, thanks to fresh advice from BA Labs. đ§
After a heated debate with BitGo's CEO Mike Belshe, concerns about Justin Sun's involvement were addressed, easing fears about WBTC's new custody setup. With $170M in loans tied to WBTC, the Sky community is breathing a bit easier.
What do you think? Is this the right move for Sky? Share your thoughts below! đŹ #DeFi #CryptoNews #WBTC
