# 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:** 59

<div class="post-metadata">

**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:** [March 31, 2025, 1:58pm UTC](https://forum.moonwell.fi/t/weekly-governance-recaps/786/59 "2025-03-31T13:58:38Z")

</div>

# **Weekly Governance Update: Week of March 24th, 2025**

One onchain proposal went up for a vote this week.

## **Proposals**

### [**MIP-X18**](https://moonwell.fi/governance/proposal/moonbeam?id=165)

**Summary** : [Last week](https://forum.moonwell.fi/t/weekly-governance-recaps/786/58), we covered Gauntlet’s latest slate of monthly recommendations. This week, the proposal moved to an onchain vote. It was successful.

## **Delegate Updates**

**Forum post** : [sUSDS Asset Listing](https://forum.moonwell.fi/t/susds-asset-listing/1672)  
**Author** : [0xMims](https://forum.moonwell.fi/u/0xmims/summary)  
**Summary** : On Tuesday, 0xMims created a forum proposal outlining the addition of Sky Protocol’s (formerly MakerDAO) Savings USDS stablecoin to the Core Markets on Base. Included in the post are benefits to the Moonwell community, decentralization, market risk, and more.

## **Contributor Updates**

**Forum post** : [Gauntlet Weekly Market Update](https://forum.moonwell.fi/t/gauntlet-weekly-market-updates/1273/25)  
**Author** : [Gauntlet](https://forum.moonwell.fi/u/gauntlet/summary)  
**Summary** : Gauntlet posted a weekly update on Monday for the Moonwell markets covering the previous week.

- **Base** : One asset had an average supply cap usage of over 75%: weETH (90.20%). The deployment had seven asset liquidations in the past week: mUSDC ($5.34K), mrETH ($511.40), mAERO ($491.70), mWETH ($440.41), mWELL ($225.70), mcbETH ($3.20), and mDAI ($2.00).
- **Optimism** : Four assets had an average utilization of over 75%: USDC (83.86%), USDT (78.59%), DAI (83.43%), and WETH (89.47%). The deployment had two asset liquidations in the past week: mOP ($448.37) and mUSDC ($2.13).
- **Moonbeam** : No assets had an average utilization of over 75%. No liquidations were reported.
- **Moonriver** : One asset had an average utilization of over 75%: FRAX (91.61%). No liquidations were reported.

…

**Forum post** : [Gauntlet - MORPHO Recommendations](https://forum.moonwell.fi/t/add-morpho-market-to-moonwell-on-base/1602/4)  
**Author** : [Gauntlet](https://forum.moonwell.fi/u/gauntlet/summary)  
**Summary** : Following a successful [Snapshot](https://snapshot.moonwell.fi/#/proposal/0x4f71d59f807b64ae64e927eb7caf89f8b5adf85a6eff04ad21da6954e88ac473) earlier this month, Gauntlet provided the community with parameter recommendations for onboarding MORPHO as collateral on Base.

## **Upcoming Events in Governance**

### **Monthly Governance Call**

Look for the next Monthly Governance Call on X on the **last** Thursday of the month, April 24th.

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