Weekly Governance Recaps

Announcements & Updates Updates
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Weekly Governance Update: Week of May 19th, 2025

One onchain proposal and one Snapshot went up for a vote this week.

Proposals

Anthias Labs to Join Moonwell as Risk Partner on Base Markets

Summary: Last week, Anthias Labs proposed to serve as a risk partner for Moonwell’s Base markets. This week, on Monday, the proposal was submitted for a Snapshot vote. It was successful.

MIP-X22: Gauntlet’s Monthly Recommendations

Summary: Last week, we covered Gauntlet’s latest slate of monthly recommendations. The proposal went up for an onchain vote on Tuesday. It was successful.

Contributor Updates

Forum post: Gauntlet Weekly Market Update

Author: Gauntlet

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

  • Base: The deployment had 10 asset liquidations in the past week: mwstETH ($228.87K), mAERO ($79.53K), mcbBTC ($15.69K), mEURC ($9.33K), mcbETH ($5.04K), mUSDC ($593.17), mVIRTUAL ($480.42), mWETH ($274.21), mWELL ($231.10), mUSDS ($13.70).
  • Optimism: Four assets had an average utilization of over 75%: USDC (88.99%), USDT (84.94%), DAI (86.51%), and WETH (88.83%). The deployment had four asset liquidations in the past week: mUSDT0 ($1.77K), mOP ($978.20), mWETH, ($271.10), and mweETH ($0.19).
  • Moonbeam: No assets had an average utilization of over 75%. The deployment had one asset liquidation in the past week: mUSDC.wh ($1.52).
  • Moonriver: One asset had an average utilization of over 75%: FRAX (79.51%). The deployment had one asset liquidation in the past week: mMOVR ($1.68K).

…

Forum post: Gauntlet - Cap Recommendations

Author: Gauntlet

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

  • USDT0 (Optimism) Supply Cap from 5M to 15M and Borrow Cap from 4.5M to 13.5M
  • USDT0 (Optimism) Supply Cap from 15M to 45M and Borrow Cap from 4.5M to 13.5M
  • All assets (Moonbeam and Moonriver) Borrow Cap to 0.1.
  • WETH (Optimism) Supply Cap from 16K to 32K and Borrow Cap 15K to 30K.

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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