# Weekly Governance Recaps **URL:** \ **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:** 140
**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:** [October 12, 2026, 2:30pm UTC](https://forum.moonwell.fi/t/weekly-governance-recaps/786/140 "2026-10-12T14:30:02Z")
# Weekly Governance Update: Week of Oct 5th, 2026 Two onchain proposals went up for a vote this week. ## Proposals ### [MIP-X69](https://moonwell.fi/governance/proposal/ethereum?id=189) **Summary** : Anthias Labs’ September 29 [risk parameter recommendations](https://forum.moonwell.fi/t/anthias-labs-risk-parameter-recommendations/1759) went onchain on Wednesday but **did not reach quorum** , so the proposal will be resubmitted. It would make the following changes: - **Base** : WELL collateral factor decreased to 45%, MORPHO to 40%, VIRTUAL to 55%, wrsETH to 42%, and MAMO to 0%. cbBTC moves to a flat 1% borrow rate with a 99% reserve factor. - **OP Mainnet** : VELO collateral factor decreased to 55%, OP to 60%, wrsETH to 30%, and cbETH and WBTC to 0%. Watch for the resubmission on X and Discord, and please vote early. ### [MIP-X70](https://moonwell.fi/governance/proposal/ethereum?id=190) **Summary** : The automated monthly liquidity incentive proposal went onchain on Wednesday and passed. It made changes to the following markets: - **Base** : - **ETH** : Decreased WELL Supply APR - **USDC** : Decreased WELL Supply APR - **wstETH** : Increased WELL Supply APR - **cbBTC** : Decreased WELL Supply APR - **Ethereum** : - **ETH** : Decreased both WELL Supply and WELL Borrow APR - **USDC** : Decreased both WELL Supply and WELL Borrow APR - **USDT** : Decreased both WELL Supply and WELL Borrow APR - **cbBTC** : Decreased both WELL Supply and WELL Borrow APR ## Contributor Updates **Forum post** : [Anthias Labs Weekly Market Updates](https://forum.moonwell.fi/t/anthias-labs-weekly-market-updates/1772/86) **Author** : [Anthias](https://forum.moonwell.fi/u/anthiaslabs/summary) **Summary** : Anthias posted a weekly update on Friday for the Moonwell markets covering the previous week. - **Base** : Borrow caps remain at 0 across all markets, and utilization remains at cap on the USDC, EURC, USDS, cbETH and MAMO markets, with MORPHO at 99.92%. Markets were largely flat week over week: USDC supply and borrows each -1%, WETH supply and borrows each -2%, USDS supply and borrows each -4%, and AERO supply -2%. There were 92 liquidation events seizing ~$2,726 in collateral. - **OP Mainnet** : WETH borrows are down -85% (supply -4%), wstETH supply -67%, DAI borrows -33% (supply -4%), USDC supply -20% (borrows -18%), and VELO borrows -9% (supply -6%). There were 8 liquidation events seizing ~$7,410 in collateral. - **Ethereum** : USDC supply is up +11% (borrows +3%) and cbBTC borrows +9% (supply +5%), while USDT supply rose +2% (borrows -1%) and WETH was flat. No liquidations were reported. ## Community & Integrations **Forum post** : [Integrate a Fixed-Rate Layer into Moonwell, Powered by Kairos](https://forum.moonwell.fi/t/integrate-a-fixed-rate-layer-into-moonwell-powered-by-kairos/2289) **Author** : [vince](https://forum.moonwell.fi/u/vince) **Summary** : Kairos co-founders Vincent DePalma and Thomas Harrison proposed integrating Kairos, an onchain interest rate swap protocol, as a fixed-rate layer for Moonwell, so borrowers and lenders could lock in fixed rates on top of Moonwell’s variable-rate markets. The thread has no replies yet. Delegates and community members, please share your feedback on the forum. ## Upcoming Events in Governance ### Monthly Governance Call Look for the announcement of the next governance call here on the forums, on X, and on Discord. --- _[View the full topic](https://forum.moonwell.fi/t/weekly-governance-recaps/786)._