Sky 'WBTC Offboarding' Governance Vote Passes with 88% Support

IconCryptoNewsTerminal Staff19 Sep, 2024

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Sky 'WBTC Offboarding' Governance Vote Passes with 88% Support

Sky (formerly MakerDAO) has passed a governance proposal that will see WBTC completely offloaded from its ecosystem. The vote passed with an overwhelming 88% in favor and was open for three days from the 16th (local time). The offboarding process will occur in three steps, with the initial move scheduled for the 3rd of October and the final step scheduled for completion by the 28th of November.