# Weekly Governance Recaps

**URL:** <https://forum.moonwell.fi/t/weekly-governance-recaps/786>\
**Category:** Updates\
**Tags:** boardroom\
**Created:** [February 12, 2024, 10:57pm UTC](https://forum.moonwell.fi/t/weekly-governance-recaps/786 "2024-02-12T22:57:45Z")\
**Posts on this page:** 1\
**Showing post:** 119

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**Author:** ![Boardroom](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.moonwell.fi/boardroom/32/1282_2.png) [@Boardroom](https://forum.moonwell.fi/u/Boardroom)\
**Post date:** [May 18, 2026, 1:41pm UTC](https://forum.moonwell.fi/t/weekly-governance-recaps/786/119 "2026-05-18T13:41:48Z")

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# **Weekly Governance Update: Week of May 11th, 2026**

Two onchain proposals went up for a vote this week.

## **Proposals**

### [**MIP-X55**](https://moonwell.fi/governance/proposal/moonbeam?id=164)

**Summary** : The first proposal aimed at potentially activating a deployment of Moonwell on Ethereum Mainnet, MIP-X55 sought to connect Ethereum to the existing xWELL bridge system. Focusing solely on the WELL token, upon completion, users became able to bridge WELL between Mainnet and the existing supported chains.

### [**MIP-X56**](https://moonwell.fi/governance/proposal/moonbeam?id=165)

**Summary** : This proposal sought to refresh Moonwell’s Chainlink OEV oracle wrappers on Base and OP Mainnet to make OEV liquidation fee-splitting more accurate and consistent. The current configured split for the OEV-aware oracle wrappers is 30% to the liquidator and 70% to the protocol. This proposal updates the oracle wrapper logic so that this split is calculated using consistent, fresh price references on both sides of the liquidation, ensuring the protocol’s OEV fee policy is executed as intended.

## **Contributor Updates**

**Forum post** : [[Anthias Labs] Weekly Market Updates](https://forum.moonwell.fi/t/anthias-labs-weekly-market-updates/1772/66)

**Author** : [Anthias](https://forum.moonwell.fi/u/anthiaslabs/summary)

**Summary** : Anthias posted a weekly update on Thursday for the Moonwell markets covering the previous week.

- **Base** : WETH supply, cbBTC borrows, and AERO borrows are all up 14%, 30%, and 13%, respectively. There was ~$10.4K in liquidations across 137 events.
- **OP Mainnet** : USDT borrows are up 52%, while OP borrows are down 14%. There was ~$9.8K in liquidations across 2 events.
- **Moonbeam** : GLMR supply is down 8%.

## **Upcoming Events in Governance**

### **Monthly Governance Call**

Look for the next Monthly Governance Call on X on the **last** Thursday of the month, May 28th.

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