Weekly Governance Update: Week of July 21st, 2025
One onchain proposal went up for a vote this week.
Proposals
MIP-X27: Anthias Labs Monthly Recommendations (07/2025)
Summary: In our update for the week of July 7th, we covered Anthias Labs’ monthly risk recommendations forum post. This week, the proposal was submitted for an onchain vote. It was successful.
Contributor Updates
Forum post: [Anthias Labs] Weekly Market Updates
Author: Anthias
Summary: Anthias posted a weekly update on Friday for the Moonwell markets covering the previous week.
- Base: Some notable week-over-week changes include a jump in the supply of cbXRP (up ~39%) and weETH (+206%) and an increase in WETH borrows (+24%). There was $202,689.34 in liquidations across 96 liquidation events.
- OP Mainnet: Notable changes this week include decreased stablecoin activity: USDT borrows decreased ~33% and supply decreased ~26%. On the other hand, WETH borrows and supply increased by ~47% and ~52%, respectively. There was $32,742.00 in liquidations across 17 events on OP Mainnet this week.
- Moonbeam: Moonbeam’s core markets most notably saw supply decreases in stablecoins (xcUSDC decreased ~37% and xcUSDT decreased ~35%). There was only $167.85 in liquidations across 77 events.
- Moonriver: Moonriver had very little week-over-week changes in supply or borrow levels. Likewise, no liquidation events occurred on Moonriver this week.
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Forum post: [Anthias Labs] - Minimum Reserves Recommendations (7/23/2025)
Author: AnthiasLabs
Summary: On Wednesday, Anthias offered recommendations for July’s minimum reserves on Moonwell’s Core markets on Base and OP Mainnet. The team will continue to refine the minimum reserves framework and monitor reserve levels monthly.
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Forum post: [Anthias Labs] - Increase WELL and cbXRP supply caps on Base
Author: AnthiasLabs
Summary: Anthias announced they would use Cap Guardian to change caps throughout the week:
- WELL (Base) Supply Cap from 150M to 220M
- cbXRP (BasE) Supply Cap from 1M to 2M
Upcoming Events in Governance
Monthly Governance Call
Look for the next Monthly Governance Call on X on the last Thursday of the month, July 31st.