Weekly Governance Update: Week of May 26th, 2025
No proposals went up for a vote this week.
Contributor Updates
Forum post: Gauntlet Weekly Market Update
Author: Gauntlet
Summary: Gauntlet posted a weekly update on Tuesday for the Moonwell markets covering the previous week.
- Base: No assets had an average cap usage of over 75%. The deployment had seven asset liquidations in the past week: mAERO ($49.32K), mWETH ($33.01K), mWELL ($28.95K), mcbBTC ($5.18K), mUSDC ($4.17K), mVIRTUAL ($2.73K), and mEURC ($200.75).
- Optimism: Four assets had an average utilization of over 75%: USDC (76.88%), USDT (86.06%), DAI (81.27%), and WETH (89.97%). The deployment had five asset liquidations in the past week: mwrsETH ($12.55K), mWETH ($7.08K), mUSDT0 ($760.47), mVELO ($75.42), and mOP ($62.36).
- Moonbeam: No assets had an average utilization of over 75%. The deployment had six asset liquidations in the past week: mFRAX ($1.00K), mGLMR ($917.80), mxcUSDT ($546.78), mWBTC.wh ($33.76), mUSDC.wh ($25.87), and mDOT ($2.14).
- Moonriver: No assets had an average utilization of over 75%. The deployment had two asset liquidations in the past week: mMOVR ($1.92K) and mFRAX ($261.03).
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Forum post: Monthly Governance Report and Monthly Governance Call Recap
Author: Boardroom
Summary: Boardroom hosted May’s governance call on Thursday. You can watch the recording of the call here or read about it here. On the final day of the month, Boardroom also posted May’s governance report.
Community & Integrations
Forum post: Add cUSDO Market to Moonwell on Base
Author: multisigGov
Summary: On Wednesday, a community member proposed the addition of OpenEden’s yield-bearing stablecoin, cUSDO, as a new Core Market on Base.
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Forum post: Should we list Mamo?
Author: surfingdegen
Summary: Early in the week, surfingdegen floated the idea of listing the Mamo agent token, MAMO, on Moonwell.
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.