πŸ”΅ Chidi - Delegation Pitch

MIP-X47 Automated Liquidity Incentive Proposal

Vote: For

Rationale: Supportive of routine liquidity incentive proposals and will continue to back them.

MIP-X49: Fix Wormhole Post-V3 Audit Findings

Vote: For: Approve the implementation of the fixes

Rationale: Supporting this as it’s straightforward post-upgrade cleanup. Standardizing consistency settings and removing outdated relayer logic are low-risk changes that keep the codebase clean and aligned with Wormhole V3.

1 Like

MIP-X51A Automated Liquidity Incentive Proposal

Vote: FOR

Rationale: Routine monthly WELL emissions across Base/OP/Moonbeam, plus execution of the already-approved bad-debt cleanup.

MIP-X51B Automated Liquidity Incentive Proposal

Vote: FOR

Rationale: Safe to support on the same rationale as MIP-X51A.

MIP-X52: Upgrade xWELL Bridge Adapter

Vote: FOR

Rationale: Necessary infrastructure upgrade β€” keeps the xWELL bridge working as Wormhole migrates from the legacy relayer model to the executor model.

MIP-X53: Update xWELL Wormhole Executor Quoter Configuration

Vote: FOR

Rationale: Cleanup fix after MIP-X52. Brings down the gas cost on the executor receiving endpoint and corrects the quoter address to the EOA Wormhole actually expects. Keeps xWELL bridging cheap and reliable as the protocol settles into the Wormhole executor model.

MIP-X54: Anthias Labs Monthly Recommendations (5/2026)

Vote: FOR

Rationale: Stops the bleed on four markets where 92 to 99 percent of borrows are bad debt (VIRTUAL, cbETH, cbXRP on Base, GLMR on Moonbeam). Disables new borrowing, flattens the interest rate to near zero, and sends what little interest accrues to reserves so toxic positions stop growing while governance works out the recap.

1 Like

MIP-X57 Automated Liquidity Incentive Proposal

Vote: FOR

Rationale: Routine monthly WELL incentive rebalancing across Base/OP/Moonbeam to support protocol efficiency and capital allocation.

MIP-X58: Moonwell Governance on Ethereum

Vote: FOR

Rationale: Moonwell is currently on four chains but governance is only on Moonbeam. Ethereum has better liquidity, more institutional support, and stronger security. New voting contracts keep Base, Optimism, and Moonbeam actively participating.

MIP-E00: Moonwell Ethereum Launch Parameters

Vote: FOR

Rationale: Ethereum is where DeFi’s deepest liquidity lives. Starting with WETH, USDC, USDT and cbBTC keeps things simple and safe. No exotic assets, no unnecessary risk. The caps are conservative and governance can always adjust as things grow.

MIP-E01: Moonwell WETH Market Improvement

Vote: FOR

Rationale: Users currently unwrap WETH manually after withdrawing. This removes that step by paying native ETH directly, using the same audited contracts already proven on Base. Low risk, proven solution, and cleaner for users.

MIP-X59 Automated Liquidity Icentive Proposal

Vote: For

Rationale: Supportive of routine liquidity incentive proposals and will continue to back them.

MIP-X60: Anthias Labs Monthly Recommendations & Reserve Recommendations (6/2026)

Vote: For

Rationale: The protocol pays down bad debt, keeps making cbETH victims whole, and tidies up a broken market. All good things. Supporting it.