Weekly Governance Update: Week of August 25, 2025
No proposals went up for a vote this week. August’s governance call was hosted on Thursday.
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: Notable week-over-week shifts included VIRTUAL supply down ~25% (2.50M → 1.87M), tBTC supply up ~50% (9.50 → 14.29 tBTC), cbXRP borrows up ~28% (257.11K → 328.32K), and wstETH borrows down 54% (200.91 → 91.92 wstETH). Liquidations on Base totaled 119 events, with $1,971,411.93 in collateral seized; USDC made up the bulk of seized collateral (~$1.84M across 34 events).
- OP Mainnet: DAI was the standout; borrows up ~75% and supply up ~62%, with utilization rising ~8% to 90.07%. Other moves: rETH borrows down ~38% (supply down ~16%), WETH borrows/supply up ~6-7%, USDC borrows/supply down ~4%, USDT borrows/supply down ~6-7%, OP borrows down ~1% while supply up ~5%, and wstETH borrows up ~14% (supply down ~7%). Liquidations on OP Mainnet totaled 3 events, with $498.15 in collateral seized.
- Moonbeam: No notable changes were reported for Moonbeam this week, although there were a few moves (e.g. xcUSDC borrow and supply down 7% and 14% respectively and xcUSDT borrow and supply down 8% and 22% respectively). There was 1 liquidation event, totalling $128.83.
- Moonriver: Moonriver had no notable changes, nor liquidation events.
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Forum post: Monthly Governance Calls
Author: Boardroom
Summary: Boardroom hosted the August governance call on Thursday. Head over to the forum post to read a summary and to watch the YouTube recording.
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Forum post: Monthly Governance Report
Author: Boardroom
Summary: Boardroom posted the governance report for August on the final day of the month. Here, you can read more about the month’s main governance initiatives, proposal turnout, delegate voting rate, and more.
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