# MIP-M08 Rebalancing of Moonbeam Token Liquidity Incentives

**URL:** <https://forum.moonwell.fi/t/mip-m08-rebalancing-of-moonbeam-token-liquidity-incentives/659>\
**Category:** Proposals\
**Tags:** moonriver, moonbeam\
**Created:** [October 26, 2023, 3:55am UTC](https://forum.moonwell.fi/t/mip-m08-rebalancing-of-moonbeam-token-liquidity-incentives/659 "2023-10-26T03:55:10Z")\
**Posts on this page:** 1\
**Page:** 1

<div class="post-metadata">

**Author:** ![Curly](https://avatars.discourse-cdn.com/v4/letter/c/91b2a8/32.png) [@Curly](https://forum.moonwell.fi/u/Curly)\
**Post date:** [October 26, 2023, 3:55am UTC](https://forum.moonwell.fi/t/mip-m08-rebalancing-of-moonbeam-token-liquidity-incentives/659/1 "2023-10-26T03:55:10Z")

</div>

# MIP-M08 Rebalancing of Moonbeam Token Liquidity Incentives

This is an automated proposal generated by the Moonwell Market Reward Adjustment Tool.

- **Submitter** : Curly
- **Generator Version** : 1.0.20
- **Generated At** : Thu, 26 Oct 2023 02:41:29 GMT
- **Network** : Moonbeam
- **Block Height** : 4,728,054

The submitter (`Curly`), as part of this proposal, will get `50,000 WELL` sent to their wallet at `0x9F94Ff95cbC403cbfC18802eDEAeF71dA8155f36`.

# Safety Module

At the time this proposal was generated there was `366,051,298` **WELL** staked in the **Safety Module** , with a valuation of `$1,568,926.35` (based on a **WELL** price of `$0.004286` pulled from **StellaSwap** ).

This proposal, if executed, would adjust the rewards on the **Safety Module** to increase emissions +4.44% and emits `6,778,846` **WELL** over the next **28 days** :

- Current (estimated APR = `~23.13%`):
  - `2.6829` WELL / **second**
  - `231,799.44` WELL / **day**
  - `6,490,384.20` WELL / **reward cycle (28 days)**  
  
  

- Proposed (estimated APR = `~24.16%`):
  - `2.8021` WELL / **second**
  - `242,101.63` WELL / **day**
  - `6,778,845.72` WELL / **reward cycle (28 days)**

# DEX Liquidity Pool Rewarder

At the time this proposal was generated there were `40,017,174` **WELL** and `820,846` **GLMR** provided by liquidity providers in the **StellaSwap**  **WELL** / **GLMR** pool totaling `$343,033.88`.

This proposal, if executed, would adjust the rewards on the **Dex Rewarder** to decrease emissions -40.00% and emits `865,385` **WELL** over the next **28 days** :

Current rewards will expire at **Fri, 03 Nov 2023 03:30:00 GMT**

Proposed rewards will expire at **Fri, 01 Dec 2023 03:30:00 GMT**

- Current (estimated APR = `~23.51%`) days:
  - `0.5962` WELL / **second**
  - `51,511.07` WELL / **day**
  - `1,442,310.00` WELL / **reward cycle (28 days)**  
  
  

- Proposed (estimated APR = `~14.10%`):
  - `0.3577` WELL / **second**
  - `30,906.59` WELL / **day**
  - `865,384.56` WELL / **reward cycle (28 days)**

# Core Protocol Rewards

Below are the current markets supported by the Moonwell Protocol, along with the proposed adjustments to the reward outputs.

* * *

# GLMR Market

| | |
| --- | --- |
| Latest price | **$0.2090** |
| Supplied | **19,371,568.47** GLMR |
| Borrowed | **6,628,005.19** GLMR |
| Supplied TVL | **$4,047,718.48** |
| Borrowed TVL | **$1,384,931.69** |
| Utilization | **34.22%** |
| WELL Incentive Share | **19%** |
| GLMR Incentive Share | **19%** |

| **Estimated APRs** | Current | Proposed |
| --- | --- | --- |
| Supply Side | **6.11%** | **6.99%** |
| Borrow Side | **-7.39%** | **-7.39%** |

> #### **WELL** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.4293** WELL / sec | **0.5324** WELL / sec |
| +19.37% | **37,087.91** WELL / day | **45,999.31** WELL / day |
| | **1,038,461.47** WELL / cycle\* | **1,287,980.69** WELL / cycle\* |
| | | |
| **Borrow Side** | **0** WELL / sec | **0** WELL / sec |
| +0% | **0** WELL / day | **0** WELL / day |
| | **0** WELL / cycle\* | **0** WELL / cycle\* |

> #### **GLMR** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.0174** GLMR / sec | **0.0206** GLMR / sec |
| +15.79% | **1,501.77** GLMR / day | **1,783.35** GLMR / day |
| | **42,049.42** GLMR / cycle\* | **49,933.69** GLMR / cycle\* |
| | | |
| **Borrow Side** | **0** GLMR / sec | **0** GLMR / sec |
| +0% | **0** GLMR / day | **0** GLMR / day |
| | **0** GLMR / cycle\* | **0** GLMR / cycle\* |

\* Reward cycle is **28 days** long

* * *

# xcDOT Market

| | |
| --- | --- |
| Latest price | **$4.30** |
| Supplied | **810,997.47** xcDOT |
| Borrowed | **500,862.81** xcDOT |
| Supplied TVL | **$3,490,533.11** |
| Borrowed TVL | **$2,155,713.55** |
| Utilization | **61.76%** |
| WELL Incentive Share | **14%** |
| GLMR Incentive Share | **14%** |

| **Estimated APRs** | Current | Proposed |
| --- | --- | --- |
| Supply Side | **11.54%** | **12.22%** |
| Borrow Side | **-17.67%** | **-17.67%** |

> #### **WELL** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.3219** WELL / sec | **0.3923** WELL / sec |
| +17.93% | **27,815.93** WELL / day | **33,894.23** WELL / day |
| | **778,846.10** WELL / cycle\* | **949,038.40** WELL / cycle\* |
| | | |
| **Borrow Side** | **0** WELL / sec | **0** WELL / sec |
| +0% | **0** WELL / day | **0** WELL / day |
| | **0** WELL / cycle\* | **0** WELL / cycle\* |

> #### **GLMR** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.0130** GLMR / sec | **0.0152** GLMR / sec |
| +14.29% | **1,126.32** GLMR / day | **1,314.04** GLMR / day |
| | **31,537.07** GLMR / cycle\* | **36,793.25** GLMR / cycle\* |
| | | |
| **Borrow Side** | **0** GLMR / sec | **0** GLMR / sec |
| +0% | **0** GLMR / day | **0** GLMR / day |
| | **0** GLMR / cycle\* | **0** GLMR / cycle\* |

\* Reward cycle is **28 days** long

* * *

# xcUSDT Market

| | |
| --- | --- |
| Latest price | **$1.00** |
| Supplied | **1,246,039.77** xcUSDT |
| Borrowed | **992,589.93** xcUSDT |
| Supplied TVL | **$1,246,337.58** |
| Borrowed TVL | **$992,827.16** |
| Utilization | **79.66%** |
| WELL Incentive Share | **8%** |
| GLMR Incentive Share | **8%** |

| **Estimated APRs** | Current | Proposed |
| --- | --- | --- |
| Supply Side | **7.76%** | **10.45%** |
| Borrow Side | **-5.10%** | **-5.10%** |

> #### **WELL** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.1341** WELL / sec | **0.2242** WELL / sec |
| +40.16% | **11,589.97** WELL / day | **19,368.13** WELL / day |
| | **324,519.21** WELL / cycle\* | **542,307.66** WELL / cycle\* |
| | | |
| **Borrow Side** | **0** WELL / sec | **0** WELL / sec |
| +0% | **0** WELL / day | **0** WELL / day |
| | **0** WELL / cycle\* | **0** WELL / cycle\* |

> #### **GLMR** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.0054** GLMR / sec | **0.0087** GLMR / sec |
| +37.50% | **469.30** GLMR / day | **750.88** GLMR / day |
| | **13,140.44** GLMR / cycle\* | **21,024.71** GLMR / cycle\* |
| | | |
| **Borrow Side** | **0** GLMR / sec | **0** GLMR / sec |
| +0% | **0** GLMR / day | **0** GLMR / day |
| | **0** GLMR / cycle\* | **0** GLMR / cycle\* |

\* Reward cycle is **28 days** long

* * *

# FRAX Market

| | |
| --- | --- |
| Latest price | **$0.9999** |
| Supplied | **5,214,758.12** FRAX |
| Borrowed | **4,425,847.82** FRAX |
| Supplied TVL | **$5,214,137.40** |
| Borrowed TVL | **$4,425,321.01** |
| Utilization | **84.87%** |
| WELL Incentive Share | **19%** |
| GLMR Incentive Share | **19%** |

| **Estimated APRs** | Current | Proposed |
| --- | --- | --- |
| Supply Side | **16.10%** | **16.37%** |
| Borrow Side | **-17.56%** | **-17.56%** |

> #### **WELL** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.4829** WELL / sec | **0.5324** WELL / sec |
| +9.29% | **41,723.90** WELL / day | **45,999.31** WELL / day |
| | **1,168,269.16** WELL / cycle\* | **1,287,980.69** WELL / cycle\* |
| | | |
| **Borrow Side** | **0** WELL / sec | **0** WELL / sec |
| +0% | **0** WELL / day | **0** WELL / day |
| | **0** WELL / cycle\* | **0** WELL / cycle\* |

> #### **GLMR** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.0196** GLMR / sec | **0.0206** GLMR / sec |
| +5.26% | **1,689.49** GLMR / day | **1,783.35** GLMR / day |
| | **47,305.60** GLMR / cycle\* | **49,933.69** GLMR / cycle\* |
| | | |
| **Borrow Side** | **0** GLMR / sec | **0** GLMR / sec |
| +0% | **0** GLMR / day | **0** GLMR / day |
| | **0** GLMR / cycle\* | **0** GLMR / cycle\* |

\* Reward cycle is **28 days** long

* * *

# ETH.wh Market

| | |
| --- | --- |
| Latest price | **$1,793.09** |
| Supplied | **1,669.08** ETH.wh |
| Borrowed | **272.55** ETH.wh |
| Supplied TVL | **$2,992,816.43** |
| Borrowed TVL | **$488,711.74** |
| Utilization | **16.33%** |
| WELL Incentive Share | **15%** |
| GLMR Incentive Share | **15%** |

| **Estimated APRs** | Current | Proposed |
| --- | --- | --- |
| Supply Side | **7.47%** | **6.11%** |
| Borrow Side | **-5.19%** | **-5.19%** |

> #### **WELL** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.5097** WELL / sec | **0.4203** WELL / sec |
| -21.28% | **44,041.89** WELL / day | **36,315.24** WELL / day |
| | **1,233,173.00** WELL / cycle\* | **1,016,826.86** WELL / cycle\* |
| | | |
| **Borrow Side** | **0** WELL / sec | **0** WELL / sec |
| +0% | **0** WELL / day | **0** WELL / day |
| | **0** WELL / cycle\* | **0** WELL / cycle\* |

> #### **GLMR** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.0206** GLMR / sec | **0.0163** GLMR / sec |
| -26.67% | **1,783.35** GLMR / day | **1,407.90** GLMR / day |
| | **49,933.69** GLMR / cycle\* | **39,421.33** GLMR / cycle\* |
| | | |
| **Borrow Side** | **0** GLMR / sec | **0** GLMR / sec |
| +0% | **0** GLMR / day | **0** GLMR / day |
| | **0** GLMR / cycle\* | **0** GLMR / cycle\* |

\* Reward cycle is **28 days** long

* * *

# BTC.wh Market

| | |
| --- | --- |
| Latest price | **$34,676.94** |
| Supplied | **183.57** BTC.wh |
| Borrowed | **36.84** BTC.wh |
| Supplied TVL | **$6,365,576.82** |
| Borrowed TVL | **$1,277,474.36** |
| Utilization | **20.07%** |
| WELL Incentive Share | **15%** |
| GLMR Incentive Share | **15%** |

| **Estimated APRs** | Current | Proposed |
| --- | --- | --- |
| Supply Side | **3.47%** | **3.34%** |
| Borrow Side | **-5.14%** | **-5.14%** |

> #### **WELL** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.4293** WELL / sec | **0.4203** WELL / sec |
| -2.13% | **37,087.91** WELL / day | **36,315.24** WELL / day |
| | **1,038,461.47** WELL / cycle\* | **1,016,826.86** WELL / cycle\* |
| | | |
| **Borrow Side** | **0** WELL / sec | **0** WELL / sec |
| +0% | **0** WELL / day | **0** WELL / day |
| | **0** WELL / cycle\* | **0** WELL / cycle\* |

> #### **GLMR** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.0174** GLMR / sec | **0.0163** GLMR / sec |
| -6.67% | **1,501.77** GLMR / day | **1,407.90** GLMR / day |
| | **42,049.42** GLMR / cycle\* | **39,421.33** GLMR / cycle\* |
| | | |
| **Borrow Side** | **0** GLMR / sec | **0** GLMR / sec |
| +0% | **0** GLMR / day | **0** GLMR / day |
| | **0** GLMR / cycle\* | **0** GLMR / cycle\* |

\* Reward cycle is **28 days** long

* * *

# USDC.wh Market

| | |
| --- | --- |
| Latest price | **$1.00** |
| Supplied | **2,841,866.00** USDC.wh |
| Borrowed | **1,899,994.41** USDC.wh |
| Supplied TVL | **$2,842,355.94** |
| Borrowed TVL | **$1,900,321.96** |
| Utilization | **66.86%** |
| WELL Incentive Share | **10%** |
| GLMR Incentive Share | **10%** |

| **Estimated APRs** | Current | Proposed |
| --- | --- | --- |
| Supply Side | **7.72%** | **6.25%** |
| Borrow Side | **-4.27%** | **-4.27%** |

> #### **WELL** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.3756** WELL / sec | **0.2802** WELL / sec |
| -34.04% | **32,451.92** WELL / day | **24,210.16** WELL / day |
| | **908,653.79** WELL / cycle\* | **677,884.57** WELL / cycle\* |
| | | |
| **Borrow Side** | **0** WELL / sec | **0** WELL / sec |
| +0% | **0** WELL / day | **0** WELL / day |
| | **0** WELL / cycle\* | **0** WELL / cycle\* |

> #### **GLMR** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0.0152** GLMR / sec | **0.0109** GLMR / sec |
| -40.00% | **1,314.04** GLMR / day | **938.60** GLMR / day |
| | **36,793.25** GLMR / cycle\* | **26,280.89** GLMR / cycle\* |
| | | |
| **Borrow Side** | **0** GLMR / sec | **0** GLMR / sec |
| +0% | **0** GLMR / day | **0** GLMR / day |
| | **0** GLMR / cycle\* | **0** GLMR / cycle\* |

\* Reward cycle is **28 days** long

* * *

# xcUSDC Market

| | |
| --- | --- |
| Latest price | **$1.00** |
| Supplied | **0.0600** xcUSDC |
| Borrowed | **0.0100** xcUSDC |
| Supplied TVL | **$0.0600** |
| Borrowed TVL | **$0.0100** |
| Utilization | **16.67%** |
| WELL Incentive Share | **0%** |
| GLMR Incentive Share | **0%** |

| **Estimated APRs** | Current | Proposed |
| --- | --- | --- |
| Supply Side | **0.5208%** | **0.7032%** |
| Borrow Side | **-3.73%** | **-3.73%** |

> #### **WELL** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0** WELL / sec | **0** WELL / sec |
| +100.00% | **0** WELL / day | **0.0000** WELL / day |
| | **0** WELL / cycle\* | **0.0007** WELL / cycle\* |
| | | |
| **Borrow Side** | **0** WELL / sec | **0** WELL / sec |
| +0% | **0** WELL / day | **0** WELL / day |
| | **0** WELL / cycle\* | **0** WELL / cycle\* |

> #### **GLMR** Incentives

| | Current | Proposed |
| --- | --- | --- |
| **Supply Side** | **0** GLMR / sec | **0** GLMR / sec |
| +100.00% | **0** GLMR / day | **0.0000** GLMR / day |
| | **0** GLMR / cycle\* | **0.0000** GLMR / cycle\* |
| | | |
| **Borrow Side** | **0** GLMR / sec | **0** GLMR / sec |
| +0% | **0** GLMR / day | **0** GLMR / day |
| | **0** GLMR / cycle\* | **0** GLMR / cycle\* |

\* Reward cycle is **28 days** long

* * *

# Definitions

**WELL** - The Moonwell Artemis governance token

**Liquidity Incentives** - WELL tokens that have been allocated for use as rewards to incentivize liquidity growth.

**Core** - Moonwell Artemis lending protocol ([Moonwell: DeFi’s Liquidity Well](https://moonwell.fi/artemis)).

**DEX LP** - StellaSwap’s WELL/GLMR farm ([StellaSwap - Leading Moonbeam DEX & DeFi Gateway](https://app.stellaswap.com/farm)).

**Safety Module** - Smart contract that allows users to stake their WELL tokens in order to earn liquidity incentives and help backstop the Moonwell protocol.

**Reward Speed** - The rate at which WELL tokens (on a per second basis) are distributed proportionally to DEX LPs, wallets staking in the Safety Module, and those supplying/borrowing on Moonwell.

* * *

Config Hash: `fcf4e4ee57553afd9cb4bcd40bf00a336926670e5817742857327a8c2030be72`

> **Proposal Config**
>
> ```
> {
> "_meta": {
> "generatedAt": "2023-10-26T01:07:36.302Z",
> "generatorVersion": "1.0.20"
> },
> "snapshotBlock": 4728054,
> "safetyModuleInfo": {
> "totalStaked": "366051298.297938871117865654",
> "stakedTVL": "1568926.3543977006687244519151506826370469636836756972",
> "govTokenPrice": "0.0042860832940434207955738818",
> "emissions": {
> "emissionsPerSecond": "2.682863839285714285",
> "lastUpdateTimestamp": 1698282066,
> "emissionAPR": "23.129201914681360872",
> "emissionsPerYear": "84664743.894642857120316"
> }
> },
> "dexInfo": {
> "govTokenTotal": "40017173.744573603797047223",
> "nativeAssetTotal": "820845.658695885585502713",
> "govTokenPrice": "0.0042860832940434207955738818",
> "nextFreeSlot": 19,
> "emissionsPerYear": "18814418.8392857142792024",
> "poolTVL": "343033.8797228998477865326999883540110547385800202414",
> "currentPoolAPR": "23.507930569230893254",
> "currentPoolRewardInfo": {
> "startTimestamp": 1696563000,
> "endTimestamp": 1698982200,
> "rewardPerSec": "0.596192956349206349"
> }
> },
> "marketData": {
> "assets": {
> "GLMR": {
> "price": "0.20895151",
> "totalSuppliedUnderlying": "19371568.472534758018575312958425491399405876",
> "totalSuppliedTVL": "4047718.48340453121546591969138557365039787089307276",
> "totalBorrows": "6628005.187275910927776778",
> "totalBorrowedTVL": "1384931.69216913437498445870603478",
> "utilization": "0.3421511890827619937",
> "baseSupplyAPR": "580363850",
> "baseBorrowAPR": "2261627293",
> "govSupplySpeed": "429258214285714285",
> "govBorrowSpeed": "1",
> "nativeSupplySpeed": "17381541005291005",
> "nativeBorrowSpeed": "1",
> "nativeSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> },
> "govSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> }
> },
> "xcDOT": {
> "price": "4.304",
> "totalSuppliedUnderlying": "810997.4689485687997721825688158748",
> "totalSuppliedTVL": "3490533.1063546401142194737761835251392",
> "totalBorrows": "500862.8140793488",
> "totalBorrowedTVL": "2155713.5517975172352",
> "utilization": "0.61758862790126922625",
> "baseSupplyAPR": "2390657314",
> "baseBorrowAPR": "5161272313",
> "govSupplySpeed": "321943660714285714",
> "govBorrowSpeed": "1",
> "nativeSupplySpeed": "13036155753968253",
> "nativeBorrowSpeed": "1",
> "nativeSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> },
> "govSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> }
> },
> "xcUSDT": {
> "price": "1.000239",
> "totalSuppliedUnderlying": "1246039.774043998879567194847899",
> "totalSuppliedTVL": "1246337.577549995395299411407467647861",
> "totalBorrows": "992589.931591",
> "totalBorrowedTVL": "992827.160584650249",
> "utilization": "0.79659570446099634821",
> "baseSupplyAPR": "1068976741",
> "baseBorrowAPR": "1578742754",
> "govSupplySpeed": "134143191964285714",
> "govBorrowSpeed": "1",
> "nativeSupplySpeed": "5431731564153439",
> "nativeBorrowSpeed": "1",
> "nativeSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> },
> "govSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> }
> },
> "FRAX": {
> "price": "0.99988097",
> "totalSuppliedUnderlying": "5214758.11690945005712879298671655359867536",
> "totalSuppliedTVL": "5214137.4042507943252884929464873447273005096718992",
> "totalBorrows": "4425847.818323903198526453",
> "totalBorrowedTVL": "4425321.00965808810432873239629941",
> "utilization": "0.84871584052433517108",
> "baseSupplyAPR": "3701052378",
> "baseBorrowAPR": "5130314602",
> "govSupplySpeed": "482915491071428571",
> "govBorrowSpeed": "1",
> "nativeSupplySpeed": "19554233630952380",
> "nativeBorrowSpeed": "1",
> "nativeSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> },
> "govSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> }
> },
> "ETH.wh": {
> "price": "1793.09",
> "totalSuppliedUnderlying": "1669.083221440808385247999999507151315116",
> "totalSuppliedTVL": "2992816.43353329910750433631911627795162134844",
> "totalBorrows": "272.552819692267281831",
> "totalBorrowedTVL": "488711.73546200754037834779",
> "utilization": "0.16329492513680089865",
> "baseSupplyAPR": "196576046",
> "baseBorrowAPR": "1605079859",
> "govSupplySpeed": "509744129464285714",
> "govBorrowSpeed": "1",
> "nativeSupplySpeed": "20640579943783068",
> "nativeBorrowSpeed": "1",
> "nativeSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> },
> "govSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> }
> },
> "BTC.wh": {
> "price": "34676.93522799",
> "totalSuppliedUnderlying": "183.56803373999999903173828627",
> "totalSuppliedTVL": "6365576.8159314628788062512692421943366973",
> "totalBorrows": "36.83930969",
> "totalBorrowedTVL": "1277474.3559639943662231",
> "utilization": "0.2006847757718974203",
> "baseSupplyAPR": "239127958",
> "baseBorrowAPR": "1588746712",
> "govSupplySpeed": "429258214285714285",
> "govBorrowSpeed": "1",
> "nativeSupplySpeed": "17381541005291005",
> "nativeBorrowSpeed": "1",
> "nativeSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> },
> "govSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> }
> },
> "USDC.wh": {
> "price": "1.0001724",
> "totalSuppliedUnderlying": "2841865.997491994952274773703474",
> "totalSuppliedTVL": "2842355.9351899625722045458744604789176",
> "totalBorrows": "1899994.405725",
> "totalBorrowedTVL": "1900321.96476054699",
> "utilization": "0.66857283468037692282",
> "baseSupplyAPR": "752991005",
> "baseBorrowAPR": "1325019093",
> "govSupplySpeed": "375600937500000000",
> "govBorrowSpeed": "1",
> "nativeSupplySpeed": "15208848379629629",
> "nativeBorrowSpeed": "1",
> "nativeSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> },
> "govSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> }
> },
> "xcUSDC": {
> "price": "1.0001724",
> "totalSuppliedUnderlying": "0.06",
> "totalSuppliedTVL": "0.060010344",
> "totalBorrows": "0.01",
> "totalBorrowedTVL": "0.010001724",
> "utilization": "0.16666666666666666667",
> "baseSupplyAPR": "164714752",
> "baseBorrowAPR": "1162692371",
> "govSupplySpeed": "0",
> "govBorrowSpeed": "1",
> "nativeSupplySpeed": "0",
> "nativeBorrowSpeed": "1",
> "nativeSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> },
> "govSupplyBorrowSplit": {
> "SUPPLY": 1,
> "BORROW": 0
> }
> }
> },
> "totalTVL": "26199475.81622502960878843128434304258381702900497196",
> "govRewardSplits": {
> "GLMR": 0.1899999999,
> "xcDOT": 0.14,
> "xcUSDT": 0.08,
> "FRAX": 0.19,
> "ETH.wh": 0.15,
> "BTC.wh": 0.15,
> "USDC.wh": 0.1,
> "xcUSDC": 1e-10
> },
> "nativeRewardSplits": {
> "GLMR": 0.1899999999,
> "xcDOT": 0.14,
> "xcUSDT": 0.08,
> "FRAX": 0.19,
> "ETH.wh": 0.15,
> "BTC.wh": 0.15,
> "USDC.wh": 0.1,
> "xcUSDC": 1e-10
> }
> },
> "config": {
> "daysPerRewardCycle": 28,
> "rpc": "https://rpc.api.moonbeam.network",
> "govTokenName": "WELL",
> "nativeTokenName": "GLMR",
> "networkName": "Moonbeam",
> "govTokenUniPoolAddress": "0xb536c1f9a157b263b70a9a35705168acc0271742",
> "dexName": "StellaSwap",
> "ecosystemReserve": "0x7793E08Eb4525309C46C9BA394cE33361A167ba4",
> "treasuryAddress": "0x6972f25AB3FC425EaF719721f0EBD1Cdb58eE451",
> "dexPoolID": 15,
> "submissionRewardAmount": 50000
> },
> "responses": {
> "name": "Curly",
> "network": "Moonbeam",
> "mipNumber": "M08",
> "componentSplits": {
> "ALL_MARKETS": 0.47,
> "SAFETY_MODULE": 0.47,
> "DEX_REWARDER": 0.06
> },
> "emissionAmounts": {
> "0": 14423076,
> "1": 262808.9
> },
> "submitterWallet": "0x9F94Ff95cbC403cbfC18802eDEAeF71dA8155f36"
> }
> }
> ```
