Weekly Governance Recaps

Weekly Governance Update: Week of June 23rd, 2025

One onchain proposal went up for a vote this week.

Proposals

MIP-X25: Change Borrow & Supply Cap Guardian to Anthias Labs

Summary: Following Gauntlet’s forum post on Tuesday, this proposal sought to transfer the Borrow & Supply Cap Guardian role for all Moonwell deployments from Gauntlet to Anthias Labs. No other protocol parameters were modified.

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 supply cap usage of over 75%. The deployment had 11 asset liquidations in the past week: mUSDC ($144.24K), mAERO ($133.31K), mcbBTC ($42.47K), mWETH ($20.88K), mWELL ($3.93K), mVIRTUAL ($2.83K), mcbETH ($2.73K), mLBTC ($157.10), mMORPHO ($54.78), mwstETH ($45.58), and mweETH ($2.86).
  • Optimism: Four assets had an average utilization of over 75%: USDC (80.74%), USDT (89.76%), DAI (77.21%), and WETH (86.39%). The deployment had six asset liquidations in the past week: mwstETH ($124.56K), mWETH ($3.61K), mOP ($2.44K), mUSDT0 ($2.04K), mVELO ($1.02K), and mUSDC ($5.66).
  • Moonbeam: No assets had an average utilization of over 75%. The deployment had eight asset liquidations in the past week: mGLMR ($54.85K), mDOT ($28.65K), mxcUSDT ($1.45K), mxcUSDC ($731.23), mFRAX ($705.62), mUSDC.wh ($430.76), mWBTC.wh ($152.17), and mETH.wh ($22.58).
  • Moonriver: No assets had an average utilization of over 75%. The deployment had one asset liquidation in the past week: mMOVR ($1.11).

On Tuesday, Gauntlet announced that their risk-management contract concluded on June 30th, 2025. They proposed transitioning Cap Guardian and Security Council responsibilities to Anthias.

Forum post: Monthly Governance Calls

Author: Boardroom

Summary: Boardroom hosted June’s governance call on Thursday. Head over to the forum post to see a written summary of the call or to watch the full recording.

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.