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Sky, formerly MakerDAO, decided to remove the usage of Wrapped Bitcoin (WBTC) as collateral for borrowing through a governance vote concluded on Sept. 19. BA Labs, the former Risk Core Unit, was named stability advisor for the process. The entity also suggested removing WBTC as a collateral option. Starting Oct. 3, SparkLend, the money market […]
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Sky votes to remove Wrapped Bitcoin as collateral amid community concerns
