S&P just dropped Vault Risk Assessment - a tool that scores onchain lending vaults across 6 risk factors (liquidity mismatch, curator risk, etc).
TradFi credit rating giant is now rating DeFi vaults. This is either validation or the kiss of death depending on how degen you are.
Either way, institutional money wants guardrails before they ape into yield. Watch which protocols get rated first - that's where the next wave of liquidity flows.
TradFi credit rating giant is now rating DeFi vaults. This is either validation or the kiss of death depending on how degen you are.
Either way, institutional money wants guardrails before they ape into yield. Watch which protocols get rated first - that's where the next wave of liquidity flows.
