Weekly Governance Update: Week of September 22nd, 2025
One proposal went up for a vote this week.
Proposals
MIP-B47
Summary: On Thursday, Anthias Labs submitted an onchain proposal which sought to take ownership of a Moonwell Ecosystem USDC (meUSDC) Vault on Base, powered by Morpho, and set Anthias Labs as the curator.
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 include sharp growth in MORPHO supply (+272%), USDC supply and borrows (+17% each), and a decrease in wstETH borrows (-55%). Liquidations totaled $1,316,794.81 across 145 events, indicating a volatile week.
- OP Mainnet: USDT supply and borrows jumped 53% and 56%, respectively. wstETH supply (-29%) contracted. Liquidations were minimal at 4 events totaling $2,581.93 seized.
- Moonbeam: Mostly flat week; small moves such as GLMR supply/borrow ~+1% and xcUSDT utilization down -27%. Liquidations were just $352.52 across 10 events.
- Moonriver: Virtually unchanged across xcKSM, FRAX, and MOVR (sub-3% WoW deltas). Liquidations were just $0.63 across 1 event.
Community & Integrations
Forum post: Block Analitica & B.Protocol: Moonwell Flagship ETH - weETH/ETH Market Listing
Author: BlockAnalitica
Summary: On Thursday, Block Analitica and B.Protocol proposed listing a market for EtherFi’s weETH/ETH to the Moonwell Flagship ETH vault on Base. The post noted the favorable risk profile, distribution, lindyness, and its status as the first LRT asset supported by the Moonwell Flagship vaults. Included in the proposal were parameters, a risk assessment, oracle settings, and more.
Upcoming Events in Governance
Monthly Governance Call
Look for the next Monthly Governance Call on X on the last Thursday of the month, October 30th.