Sky Ecosystem Releases Second Notice on WBTC-A, WBTC-B, WBTC-C and WBTC Exiting SparkLend

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Golden Finance reported that the Sky ecosystem has released a second notice regarding the withdrawal of WBTC-A, WBTC-B, WBTC-C, and WBTC from SparkLend. According to Block Analitica's plan, the withdrawal of WBTC from traditional vaults (WBTC-A, WBTC-B, and WBTC-C) and SparkLend will be carried out in multiple execution quotes and await management approval. The withdrawal process is expected to start from the administrative vote on September 26, 2024. It is recommended that traditional vaults and SparkLend's WBTC users follow Block Analitica's advice to close their traditional vaults and SparkLend positions with WBTC Collateral to avoid liquidation.

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