A major rating agency was able to rate a DAO that doesn't exist as a legal entity. Let that sink in. It's a journey, I'm glad we achieved this first step (wasn't convinced we could). The rating is B-, which is low, but still great regarding the novelty of the whole thing. Lack of regulatory clarity is hurting, which is not really rating the protocol but regulators.
Steakhouse Financial
Steakhouse Financial8.8. klo 04.27
Credit ratings compress complexity into clarity. In TradFi, they turn products into usable inputs. Unlocking liquidity, reducing search costs, and enabling scale. For the first time, a stablecoin system has crossed that threshold. That stablecoin is @SkyEcosystem USDS
3,18K