# 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:** 64

<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:** [May 5, 2025, 2:05pm UTC](https://forum.moonwell.fi/t/weekly-governance-recaps/786/64 "2025-05-05T14:05:28Z")

</div>

# **Weekly Governance Update: Week of April 28th, 2025**

One Snapshot went up for a vote this week.

## **Proposals**

### [**Add USDT0 market to Moonwell on OP Mainnet**](https://snapshot.moonwell.fi/#/proposal/0x5bbd9ca3d17190762034d6d57e1c4d80cdd36c5148a741ba6ba759378a98daf1)

**Summary** : After creating a [forum post](https://forum.moonwell.fi/t/add-usdt0-market-to-moonwell-on-op-mainnet/1693) last week, Super Delegate 0xMims submitted the Snapshot proposal on Monday. It sought to add a Core Market for Tether’s USDT0 to Moonwell on Optimism Mainnet. It was successful. Shortly after it passed, Gauntlet [recommended](https://forum.moonwell.fi/t/add-usdt0-market-to-moonwell-on-op-mainnet/1693/4) onboarding the asset and provided risk parameter recommendations.

## **Contributor Updates**

**Forum post** : [Gauntlet Weekly Market Update](https://forum.moonwell.fi/t/gauntlet-weekly-market-updates/1273/30)

**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** : No assets had an average supply cap usage of over 75%. The deployment had 11 asset liquidations in the past week: mUSDC ($50.74K), mEURC ($9.67K), mAERO ($8.43K), mWELL ($7.80K), mLBTC ($6.66K), mcbBTC ($3.81K), mVIRTUAL ($536.90), mWETH ($366.30), mwstETH ($55.81), mcbETH ($30.82), mrETH ($0.99).
- **Optimism** : Four assets had an average utilization of over 75%: USDC (84.05%), USDT (87.02%), DAI (79.37%), and WETH (86.98%). The deployment had four asset liquidations in the past week: mUSDC ($344.39), mWETH ($193.78), mrETH ($161.36), and mOP ($19.23).
- **Moonbeam** : No assets had an average utilization of over 75%. The deployment had five asset liquidations in the past week: mUSDC.wh ($9.16K), mFRAX ($2.34K), mGLMR ($1.90K), mDOT ($618.89), and mETH.wh ($3.71).
- **Moonriver** : One asset had an average utilization of over 75%: FRAX (93.08%). The deployment had two asset liquidations in the past week: mxcKSM ($72.22) and mMOVR ($0.22).

…

**Forum post** : [Monthly Governance Report](https://forum.moonwell.fi/t/monthly-governance-reports/787/16) and [Monthly Governance Calls](https://forum.moonwell.fi/t/monthly-governance-calls/788/16)

**Author** : [Boardroom](https://forum.moonwell.fi/u/boardroom/summary)

**Summary** : Boardroom published April’s monthly governance report on the final day of the month, followed by a recap of April’s governance call (which is now available on [YouTube!](https://www.youtube.com/watch?v=7ci3O7tV9lo)).

…

**Forum post** : [Gauntlet - Cap Recommendations](https://forum.moonwell.fi/t/gauntlet-caps-recommendation-proposals/1300/25)

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

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

- wrsETH (Optimism) Supply Cap from 1300 to 200
- wrsETH (Base) Supply Cap from 800 to 20

## **Upcoming Events in Governance**

### **Monthly Governance Call**

Look for the next Monthly Governance Call on X on the **last** Thursday of the month, May 29th.

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