Weekly Governance Recaps

Weekly Governance Update: Week of November 17th, 2025

One onchain proposal went up for a vote this week.

Proposals

MIP-B52

Summary: After a successful Snapshot proposal, MIP-B52 was submitted onchain on Wednesday. It sought to implement Anthias Labs’ recommended actions to remediate the outstanding bad debt within select markets on Moonwell’s Base implementation resulting from events which took place on October 10th, 2025 and November 4th, 2025.

Contributor Updates

Forum post: [Anthias Labs] Weekly Market Updates

Author: Anthias

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

  • Base: Some notable week-over-week changes include an increase in WETH borrows and an increase in the supply of WETH and AERO. There was ~$467.6K in liquidations across 234 events.
  • OP Mainnet: Decreases among WETH supply, USDC borrows and supply, and rETH supply. There was ~$500 in liquidations across 7 events.
  • Moonbeam: There was $150 in liquidations across 3 events.
  • Moonriver: There were no liquidations nor notable changes reported.

Forum post: [Anthias Labs] Minimum Reserve Recommendations (11/19/25) (Base)

Author: AnthiasLabs

Summary: Anthias posted to the forums on Wednesday a recommendation that the protocol pause all reserve auctions and redirect 100% of future reserve accruals toward repaying the bad debt originating from the events on October 10, 2025 and November 4, 2025.

Upcoming Events in Governance

Monthly Governance Call pushed back by one week

The next Monthly Governance Call has been pushed back by one week from the typical last Thursday of the month, November 27th, to December 4th to account for the US holiday.

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