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Sky Protocol Advisor Proposes Halting New Core Vault Borrowing

(4 hours ago) · 1 source · Summarized by CryptoBipto

An advisor to the Sky protocol has proposed stopping new borrowing from its Core Vaults. The proposal, if approved, would prevent users from opening new borrowing positions through the protocol's Core Vault system.

WHY IT MATTERS

Sky (previously called MakerDAO) is one of the oldest and most widely used decentralized lending platforms in crypto.

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SOURCES

  • thedefiant.io

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DeFiGovernanceLending ProtocolsSky/MakerDAO