Weekly Governance Update: Week of January 5th, 2026
One proposal went up for a vote this week.
Proposals
MIP-R36
Summary: With Chainlink’s upcoming deprecation of oracles on Moonriver, this proposal sought to reduce collateral factors on Moonriver markets (xcKSM, MOVR, and FRAX) from 25% to 15% as part of an ongoing wind-down.
Contributor Updates
Forum post: [Anthias Labs] Weekly Market Updates
Author: Anthias
Summary: Anthias posted a weekly update on Thursday for the Moonwell markets covering the previous week.
- Base: WETH and cbETH borrows are up 15% and 125%, respectively, while; AERO borrows are down 22%. MAMO supply is up 44% There was ~$77.4K in liquidations across 50 events.
- OP Mainnet: USDC supply and borrows are up 15% and 42%, respectively. VELO and OP borrows are down 60% and 39%, respectively. There was ~$97 in liquidations across 2 events.
- Moonbeam: There were no significant liquidations reported.
- Moonriver: No liquidations were reported.
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Forum post: [Anthias Labs] Minimum Reserve Recommendations (1/8/26)
Author: Anthias
Summary: On Thursday, Anthias also provided minimum recommended reserves for Base and OP Mainnet for the month of January. The team recommended that no reserves be auctioned off this month to help cover bad debt.
Upcoming Events in Governance
Monthly Governance Call
Look for the next Monthly Governance Call on X on the last Thursday of the month, January 29th.