Weekly Governance Update: Week of February 2nd, 2026
One onchain proposal went up for a vote this week.
Proposals
MIP-X42
Summary: We previously covered Anthias Labs’ monthly recommendations forum post. This week, on Wednesday, those recommended changes were formally submitted through an onchain proposal.
Delegate Updates
Forum post: Treasury Fund Usage from Deprecated Aera V2 Apollo Vault
Author: Coolhorsegirl
Summary: Tuesday, Moonwell Super Delegate Coolhorsegirl posted a discussion to the forums seeking community input on the custody and use of the $250–312k USDC held in the Moonwell Apollo Treasury vault, following the wind-down of Moonriver markets.
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: MAMO supply and borrows are up 95% and 91%, respectively; USDC borrows are down 17%. AERO and cbXRP supply are up 12% and 10%, respectively. There was ~$2.96M in liquidations across 1087 events.
- OP Mainnet: WETH borrows are down 8%. VELO and USDC supply are down 9% and 6%, respectively. There was ~$94.4K in liquidations across 130 events.
- Moonbeam: There was ~$10.9K in liquidations across 436 events.
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Forum post: [Anthias Labs] Minimum Reserve Recommendations
Author: Anthias
Summary: Anthias also provided minimum recommended reserves for Base and OP Mainnet. Like last month, the team recommended that the protocol sends no reserves to auction this month in order to accrue reserves to cover bad debt as quickly as possible.
Upcoming Events in Governance
Monthly Governance Call
Look for the next Monthly Governance Call on X on the last Thursday of the month, February 26th.