# Weekly Governance Recaps

**URL:** <https://forum.moonwell.fi/t/weekly-governance-recaps/786>\
**Category:** Updates\
**Tags:** boardroom\
**Created:** [February 12, 2024, 10:57pm UTC](https://forum.moonwell.fi/t/weekly-governance-recaps/786 "2024-02-12T22:57:45Z")\
**Posts on this page:** 1\
**Showing post:** 80

<div class="post-metadata">

**Author:** ![Boardroom](https://dub1.discourse-cdn.com/flex017/user_avatar/forum.moonwell.fi/boardroom/32/1282_2.png) [@Boardroom](https://forum.moonwell.fi/u/Boardroom)\
**Post date:** [August 18, 2025, 2:01pm UTC](https://forum.moonwell.fi/t/weekly-governance-recaps/786/80 "2025-08-18T14:01:32Z")

</div>

# **Weekly Governance Update: Week of August 11th, 2025**

One onchain proposal went up for a vote this week.

## **Proposals**

### [**MIP-X29: Anthias Labs Monthly Recommendations (08/2025)**](https://moonwell.fi/governance/proposal/moonbeam?id=191)

**Summary** : In our [update for the week of August 4th](https://forum.moonwell.fi/t/weekly-governance-recaps/786/79), 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** : [Pre-Bug Remediation Rewards for the Base Safety Module](https://forum.moonwell.fi/t/pre-bug-remediation-rewards-for-the-base-safety-module/1859)

**Author** : [0xMims](https://forum.moonwell.fi/u/0xMims/summary)

**Summary** : Recently, the Base Safety Module experienced a minor bug that led to a small number of users claiming MIP-X28’s full reward budget, resulting in an estimated loss of ~$285K in WELL. In this forum post, Moonwell contributors propose making affected users whole for the rewards they were owed before the bug was triggered. A snapshot, verification data, and the list of addresses that claimed excessive rewards will be published before setting up the claim process. Next steps include getting DAO approval for a WELL grant from the Moonwell Foundation (Snapshot & onchain vote), streaming rewards to affected users via Sablier or Angle Protocol (with claim costs covered by the DAO), and continued work with Halborn to ensure this issue cannot reoccur.

…

**Forum post** : [[Anthias Labs] Weekly Market Updates](https://forum.moonwell.fi/t/anthias-labs-weekly-market-updates/1772/12)

**Author** : [Anthias](https://forum.moonwell.fi/u/anthiaslabs/summary)

**Summary** : Anthias posted a weekly update on Friday for the Moonwell markets covering the previous week.

- **Base** : Some notable week-over-week changes include sharp increases in cbETH (+144%), rETH (+68%), and wstETH (+36%) borrows, while USDC borrows and supply each fell ~26% and tBTC borrows dropped ~57%. There was $2,595,641.02 in liquidations across 193 events.
- **OP Mainnet** : Notable changes this week include OP borrows jumping +129%, while USDT0 and wstETH borrows declined ~32% and ~30%, respectively; DAI utilization moved to ~92%. Liquidations totaled $2,290.98 across 28 events.
- **Moonbeam** : Moonbeam’s markets were mostly flat; xcUSDC borrows decreased ~7%, GLMR borrows edged up ~1%, and most others were within ±2%. There was $162.09 in liquidations across 7 events.
- **Moonriver** : Moonriver saw minimal changes (e.g., xcKSM borrows -3%, MOVR -6%, FRAX ~flat). No liquidation events occurred on Moonriver this week

## **Upcoming Events in Governance**

### **Monthly Governance Call**

Look for the next Monthly Governance Call on X on the **last** Thursday of the month, August 28th.

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_[View the full topic](https://forum.moonwell.fi/t/weekly-governance-recaps/786)._
