Weekly Governance Update: Week of January 19th, 2026
One proposal went up for a vote this week.
Proposals
MIP-R38
Summary: Following in the footsteps of MIP-R36 and MIP-R37 earlier this month, this proposal sought to complete the wind-down of Moonriver lending activity, further reducing collateral factors on Moonriver markets from 7.5% to 0%. It was successful.
Contributor Updates
Forum post: [Anthias Labs] - Risk Parameter Recommendations
Author: Anthias
Summary: Anthias Labs shared their risk parameter recommendations for Moonwell’s Core Markets for the month of February.
- Base: LBTC and tBTC Collateral Factors were decreased to 83% and 81%, respectively. WELL borrow cap was raised to 34M. IR parameters were recommended to be changed for cbBTC, LBTC, and tBTC.
- OP Mainnet: IR parameters were recommended to be changed for USDC, USDT, and USDT0.
- Moonbeam: There were no parameter recommendations for Moonbeam.
- Moonriver: Collateral factors for MOVR, xcKSM, and FRAX were all decreased as part of a phased wind-down.
Forum post: [Anthias Labs] Weekly Market Updates
Author: Anthias
Summary: Anthias posted a weekly update for the Moonwell markets covering the previous week.
- Base: USDC supply is up 10%; WETH and EURC supply are down 12% and 17%, respectively. cbETH borrows are up 73%. There was ~$200K in liquidations across 80 events.
- OP Mainnet: VELO borrows are down 47%. USDT borrows and supply are up 86% and 39%, respectively. USDT0 supply is down 37%. There were no liquidations.
- Moonbeam: No significant changes were reported.
- Moonriver: There was ~$1.8K in liquidations across 58 events. The deprecation of Moonriver markets will occur by February 1st. The update includes a list of remaining addresses with debt on Moonriver.
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Upcoming Events in Governance
Monthly Governance Call
Look for the next Monthly Governance Call on X this week on Thursday, January 29th.