# Weekly Governance Recaps **URL:** \ **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:** 89
**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:** [October 20, 2025, 1:46pm UTC](https://forum.moonwell.fi/t/weekly-governance-recaps/786/89 "2025-10-20T13:46:11Z")
# **Weekly Governance Update: Week of October 13th, 2025** One onchain proposal went up for a vote this week. ## **Proposals** ### [**MIP-B50**](https://moonwell.fi/governance/proposal/moonbeam?id=204) **Summary** : On Tuesday, MIP-B50 was submitted for onchain voting. Co-authored by Moonwell delegates Chidi and Joel, along with Lunar Labs, this proposal sought to create Merkle incentive campaigns for Moonwell’s MetaMorpho vaults (USDC, WETH, EURC, and cbBTC) and introduce a new incentive campaign for stkWELL holders to encourage participation in the safety module. ## **Delegate Updates** **Forum post** : [Moonwell Q3 2025 Report](https://forum.moonwell.fi/t/moonwell-q3-2025-report/1979) **Author** : [Jor-El](https://forum.moonwell.fi/u/Jor-El/summary) **Summary** : Moonwell delegate Jor-El posted to the forums on Monday an analysis of protocol growth, asset diversification, revenue dynamics, and governance statistics. ## **Contributor Updates** **Forum post** : [[Anthias Labs] Weekly Market Updates](https://forum.moonwell.fi/t/anthias-labs-weekly-market-updates/1772/36) **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 a decrease in WETH supply and borrows (25% and 35%, respectively), an increase in cbBTC supply and borrows (10% and 37%), and an increase in WELL supply (+59%). There was ~$12.69M in liquidations across 1151 events. - **OP Mainnet** : Notable changes on OP Mainnet include an increase in WETH supply and borrows, and decreases in OP and weETH supply. There was ~$401K in liquidations across 212 events. - **Moonbeam** : Moonbeam saw reductions in the supply and borrows of xcUSDC and the borrows of USDT. There was ~$71.5K in liquidations across 644 events. - **Moonriver** : A decrease in FRAX borrows was the most significant change week-over-week. There was ~$11K in liquidations across 74 events. … **Forum post** : [[Anthias Labs] Report on the Events of October 10th, 2025 ](https://forum.moonwell.fi/t/anthias-labs-report-on-the-events-of-october-10th-2025/1983) **Author** : [Anthias](https://forum.moonwell.fi/u/anthiaslabs/summary) **Summary** : On Friday, Anthias posted a report detailing the macro shock that took place on October 10th (U.S. announcement of 100% China tariffs), which triggered a market-wide crash (BTC -14.6%, ETH -21.3%) and cascading liquidations exacerbated by Binance Unified Account valuation issues (~$19B liquidations). Moonwell saw ~$12M liquidations across chains; on Base, an attacker used flash loans to exploit large oracle/DEX price gaps in VIRTUAL/MORPHO/AERO, leading to ~$1.7M in bad debt while extracting ~267 ETH. Liquidations largely failed as the 7% bonus couldn’t overcome 20-36% price divergences. Mitigations employed included immediately reducing/pausing borrow caps for VIRTUAL/MORPHO/AERO via cap guardian; Base reserves (~$2.7M) can cover the ~$1.7M shortfall (AERO covered by market reserves; VIRTUAL/MORPHO need broader reserves). Moonbeam has a few under-water USDC.wh borrowers pending liquidation due to limited USDC.wh liquidity/bridging. DAO guidance requested on covering bad debt. ## **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. --- _[View the full topic](https://forum.moonwell.fi/t/weekly-governance-recaps/786)._