Proposed Updates to the MALF
To strengthen the asset listing framework while maintaining accessibility for new listings, we propose the following updates to the Moonwell Asset Listing Framework (MALF):
- Swap Size Requirement: The asset must require a $500K swap to incur a 25% price impact or less across decentralized exchanges and / or aggregator.
- Liquidity Threshold: The asset must maintain at least $2M in total TVL across one or more DEX pools.
These updates establish clearer liquidity benchmarks to ensure listed assets can support liquidations without excessive slippage. While additional factors were considered, we are prioritizing these two key thresholds for now, though we reserve the right to update asset listing review requirements in the future as needed.
Next Steps
We plan to submit a Snapshot vote to seek community ratification of these updates. This will provide an opportunity for the broader Moonwell community to weigh in and signal support for these refinements to the MALF.
We encourage community feedback and discussion on these proposed changes.