Weekly Governance Recaps

Weekly Governance Update: Week of Aug 17th, 2026

No onchain proposals went up for a vote this week.

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 EURC supply are both up 10% and 11%, respectively, while cbBTC borrows contracted 21%, wstETH borrows fell 16%, AERO borrows fell 14%, and LBTC borrows fell 82% off a small base. There was ~$36,870 in collateral seized across 64 liquidation events.
  • Ethereum: USDT supply contracted 35% and cbBTC supply down 22% (though both had utilization increased to ~79% and ~39%, respectively), while USDC supply eased 8%; USDT borrows dropped 9%. No liquidations this week.
  • OP Mainnet: USDC supply is up 16% and DAI supply up 20%, while OP borrows surged 44% (utilization +47%) and VELO borrows spiked 459% to 2.01M VELO off a small base; weETH borrows fell 72%. There was ~$2,456 in collateral seized across 25 liquidation events.

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 September.

  • Base: wrsETH collateral factor was decreased to 44% and rETH borrow cap was decreased to 0.01; wrsETH continues its gradual deprecation and rETH’s low utilization has resulted in effectively capping borrows at their current level.
  • OP Mainnet: wrsETH collateral factor was decreased to 44%, cbETH collateral factor was decreased to 0%, and VELO borrow cap was decreased to 4M.

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Monthly Governance Call

Look for the next Monthly Governance Call on X on the last Thursday of the month, August 27th.