Wu said that Phoenix Labs has posted a proposal on the Sky (formerly MakerDAO) forum for discussion, suggesting the removal of sUSDS and sDAI as collateral on SparkLend, as well as updating the PYUSD interest rate model. Phoenix Labs stated that the historical usage of sUSDS and sDAI as collateral has been low, and while they believe Sky, DAI, and USDS carry very low risk, they still anticipate that removing these less-used collateral options will be welcomed by institutional users and drive long-term market growth. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=51462