BA Labs Proposes Halting New Borrowing in Sky Core Vaults

Odaily: Sky ecosystem advisor BA Labs has proposed pausing new borrowing in Sky Core Vaults. According to BA Labs data, there are currently 771 open vaults with total outstanding debt of approximately 376 million USDS. If the proposal passes, borrowers can still repay and manage collateral, but will no longer be able to mint new USDS.