Weekly Governance Update: Week of January 12th, 2026
Two onchain proposals went up for a vote this week.
Proposals
MIP-R37
Summary: With Chainlink’s upcoming deprecation of oracles on Moonriver, this proposal sought to further reduce collateral factors on Moonriver markets (xcKSM, MOVR, and FRAX) from 15% to 7.5% as part of an ongoing wind-down of lending activity on the chain.
MIP-B55
Summary: On Wednesday, MIP-B55 went up for a vote onchain, seeking to renew and adjust incentive allocations for select Moonwell vaults (USDC, WETH, EURC, and cbBTC) for the upcoming incentive period (January 16th, 2026 through February 2nd, 2026).
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: USDC and LBTC supply are up 11% and 9%, respectively. AERO borrows are up 10%, while cbETH borrows are down 42%. There was ~$34.5K in liquidations across 36 events.
- OP Mainnet: USDT borrows and supply are down 53% and 31%, respectively. DAI supply and borrows are up 141% and 172%, respectively. VELO borrows are up 56%. There was ~$1.5K in liquidations across 2 events.
- Moonbeam: No significant changes were reported.
- Moonriver: There was ~$3.2K in liquidations across 79 events. The deprecation of Moonriver markets continues this month through the gradual reduction in collateral factors.
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.