moy1234hh
@moyet
Sky (formerly MakerDAO) has been a high-profile project in the decentralized finance (DeFi) space. Since its inception, MakerDAO has been known for its innovative collateral lending mechanism and stablecoin DAI. However, with market volatility and changes in the regulatory environment, the platform was officially renamed Sky in 2023 to better reflect its broad vision and continued evolution in the DeFi ecosystem. On September 25, Sky's advisor BA Labs made an important proposal to adjust the liquidation threshold parameter of Wrapped Bitcoin (WBTC) from 75% to 70%. This change is significantly different from the previous proposal on August 22 to reduce the threshold to 0%, which means that the WBTC stripping plan originally scheduled to take effect on October 3 may be suspended.
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