Golden Finance reports that the Sky ecosystem has released its second notification regarding the withdrawal of WBTC-A, WBTC-B, WBTC-C, and WBTC from SparkLend. According to the plan outlined by Block Analitica, the withdrawal of WBTC from traditional vaults (WBTC-A, WBTC-B, and WBTC-C) and SparkLend will be conducted in several steps across multiple execution quotes and will require management approval. The withdrawal process is expected to begin with an executive vote on September 26, 2024.

It is recommended that users of traditional vaults and SparkLend with WBTC holdings follow the advice of Block Analitica and close their traditional vault and SparkLend positions backed by WBTC to avoid liquidation.