Weekly Governance Update: Week of June 16th, 2025
One onchain proposal went up for a vote this week.
Proposals
MIP-X24: Gauntlet’s Monthly Recommendations
Summary: Last week, we reported on Gauntlet’s monthly risk parameter recommendations forum post. This week, it went up for an onchain vote. The proposal 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: No assets had an average cap usage of over 75%. The deployment had 11 asset liquidations in the past week: mUSDC ($518.33K), mcbBTC ($71.69K), mAERO ($25.36K), mWELL ($10.14K), mLBTC ($3.21K), mtBTC ($1.05K), mWETH ($313.83), mVIRTUAL ($141.90), mwstETH ($116.87), mEURC ($27.93), and mweETH ($4.60).
- Optimism: Four assets had an average utilization of over 75%: USDC (78.11%), USDT (90.14%), DAI (76.49%), and WETH (87.49%). The deployment had five asset liquidations in the past week: mWETH ($409.56), mOP ($167.70), mVELO ($8.95), mUSDC ($6.52), and mUSDT0 ($2.86).
- Moonbeam: No assets had an average utilization of over 75%. The deployment had four asset liquidations in the past week: mDOT ($3.66K), mxcUSDT ($197.92), mGLMR ($115.75), and mFRAX ($9.14).
- Moonriver: One asset had an average utilization of over 75%: FRAX (91.14%). The deployment had three asset liquidations in the past week: mFRAX ($2.33K), mMOVR ($1.86K), and mxcKSM ($1.74K).
Upcoming Events in Governance
Monthly Governance Call
Look for the next Monthly Governance Call on X on the last Thursday of the month, June 26th.