# 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:** 40

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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:** [November 11, 2024, 3:46pm UTC](https://forum.moonwell.fi/t/weekly-governance-recaps/786/40 "2024-11-11T15:46:04Z")

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# Weekly Governance Update: Week of November 4th, 2024

This last week was relatively quiet in terms of Moonwell governance. A few contributor updates are highlighted below.

## Contributor Updates

Forum post:[Gauntlet Weekly Market Update](https://forum.moonwell.fi/t/gauntlet-weekly-market-updates/1273/4)

Author:[Gauntlet](https://forum.moonwell.fi/u/gauntlet/summary)

Summary: Gauntlet posted a weekly update on November 4th for the Moonwell markets covering the previous week.

- Base: Five assets had an average supply cap usage of over 75%: DAI (90.97%), USDbC (102.74%), cbETH (75.02%), rETH (100%), and weETH (97.44%). The deployment had $486,519 in liquidations across five assets in the past week: mcBTC ($189.36K), mAERO ($146.40K), mUSDC ($134.87K), mWETH ($15.84K), and mDAI ($49.14).
- Optimism: Three assets had an average utilization greater than 75%: USDC (89.86%), USDT (89.57%), and DAI (89.65%). The deployment had $15,517 in liquidations of three assets in the past week: mOP ($14.70K), mwstETH ($764.46), mWETH ($53.44).
- Moonbeam: No asset had an average utilization greater than 75%. The deployment had $16,898 in liquidations across five assets in the past week: mGLMR ($6.02K), mDOT ($4.78K), mWBTC.wh ($3.57K), mETH.wh ($2.51K) and mUSDC.wh ($18.32).
- Moonriver: One asset had an average utilization greater than 75%: FRAX (82.79%). No liquidations were reported.

…

Forum post:[Gauntlet - Cap Recommendations](https://forum.moonwell.fi/t/gauntlet-caps-recommendation-proposals/1300/7)

Author:[Gauntlet](https://forum.moonwell.fi/u/gauntlet/summary)

Summary: Gauntlet announced they would use Cap Guardian to change caps throughout the week:

- WETH (Base) Supply Cap from 60K to 96k and Borrow Cap from 40k to 64K
- USDC (Base) Supply Cap from 100M to 200M and Borrow Cap from 92M to 184M
- cbBTC (Base) Supply Cap from 560 to 900
- cbETH (Base) Supply Cap from 10K to 16K
- weETH (Base) Supply Cap from 900 to 1400
- rETH (Optimism) Borrow Cap from 170 to 340
- wstETH (Optimism) Supply Cap from 2500 to 5000 and Borrow Cap from 750 to 1500
- AERO (Base) Supply Cap from 35M to 70M

…

Forum post:[Block Analitica & B.Protocol: Moonwell Flagship Vaults - Monthly Recap (October 2024)](https://forum.moonwell.fi/t/block-analitica-b-protocol-moonwell-flagship-vaults-monthly-recap-october-2024/1372)

Author:[BlockAnalitica](https://forum.moonwell.fi/u/BlockAnalitica)

Summary: In October, Moonwell Flagship vaults on Morpho’s Base deployment experienced significant growth (224% average TVL increase), leading Block Analitica to update the allocation model for yield maximization. Parameter changes included:

- Setting maxIn flow cap to zero for cbETH/USDC (exchange rate) market.
- Adding Idle market to USDC vault’s supply queue.
- Increasing EURC vault’s supply cap to 10 million EURC.
- Enabling Public Allocator for EURC vault via DAO vote.

## Upcoming Events in Governance

### Monthly Governance Call

**The first Thursday of each month**

Look for the next Monthly Governance Call in Discord on the first Thursday of the month, December 5th.

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_[View the full topic](https://forum.moonwell.fi/t/weekly-governance-recaps/786)._