Lend and borrow USDC across Ethereum ecosystem on Moonwell
Lend and borrow USDC across Ethereum ecosystem on Moonwell
Moonwell introduces a simple, fast, and secure way to lend and borrow USDC across the Ethereum ecosystem. Users can access the USDC market on Moonwell by connecting their wallet and following on-screen prompts. Explore more information in the documentation to start building your tomorrow.
Lend and borrow USDC across the Ethereum ecosystem. Simple, fast, and secure. It's time to build your tomorrow with Moonwell.
In the @MoonwellDeFi community, we're passionate about bringing the benefits of onchain finance to everyone. We build simple, yet powerful tools that enable you to do more with what you already have. Here are a few ways that USDC Anywhere can give you onchain superpowers: ๐๏ผ๐
Today marks the launch of USDC Anywhere, a pioneering feature that enables everyone to easily lend and borrow @Circle's popular stablecoin on the top Ethereum networks. Now you can securely access the best apps, marketplaces, and onchain experiences with @MoonwellDeFi ๐๏ผ๐
๐ ETH Loans Now Live
**Moonwell's USDC Vault now supports Ethereum-backed loans** directly in the Coinbase app, expanding beyond Bitcoin lending. **Key developments:** - Curators allocated liquidity to the cbETH/USDC market on Morpho - Higher borrowing activity drives increased utilization and revenue - Vault serves as primary liquidity source for ETH-backed loans **Access points:** - [Explore USDC Vault](https://moonwell.fi/vaults/deposit/base/mwusdc) - [Real-time tracking](https://morpho.blockanalitica.com/base/vaults/vaults?search=moonwell) This expansion follows Moonwell's successful Bitcoin lending integration and represents continued growth in institutional DeFi adoption.
Moonwell Launches New Governance Dashboard and Expands Bitcoin Lending Features
**Moonwell** rolled out several key updates this week: - **New governance dashboard** created by @joel_obafemi to track reserve auctions and vote-to-claim staking rewards - **Mamo account upgrades** for USDC and Bitcoin functionality - **Bitcoin borrowing discussion** on Edge Podcast featuring @LukeYoungblood and @GrafaCrypto about using Moonwell Vaults on Base - **$CYPR airdrop rewards** for Moonwell Card users from Cypher - **DuneCon25 presence** with contributor @danimimm attending in Buenos Aires The governance improvements aim to **increase community participation** through enhanced tracking of reserve auctions and staking rewards.
Moonwell Implements API3's OEV-enabled Data Feed for GLMR Core Market
Moonwell has expanded its OEV (Oracle Extractable Value) implementation by integrating API3's OEV-enabled data feed for the GLMR Core Market on Moonbeam Network. This strategic update follows Moonwell's successful rollout of OEV across 15 markets on Base and Optimism Mainnet. Key updates: - First lending protocol to implement onchain OEV auctions - New integration with API3's data feed on Moonbeam - Enhanced revenue generation capabilities - Improved capital efficiency across markets The expansion demonstrates Moonwell's commitment to optimizing protocol revenue streams while maintaining robust market operations.
Moonwell Expands OEV Implementation for Enhanced Revenue Generation
Moonwell has successfully expanded its Oracle Extracted Value (OEV) implementation across multiple markets: - First lending protocol to implement onchain OEV auctions - Expansion to 15 new markets on Base and Optimism Mainnet - Captures value traditionally lost to L2 sequencers during liquidations - Creates new revenue stream while improving capital efficiency The protocol's OEV mechanism represents a significant advancement in DeFi infrastructure, allowing for more efficient value capture and distribution within the ecosystem. [Read the full proposal](https://moonwell.fi/governance/proposal/moonbeam?id=161)
Chainlink Deploys WELL-USD Price Feed on Base and Optimism
Chainlink has expanded its price feed offerings with the launch of WELL-USD on Base and Optimism networks. This development builds on Moonwell's existing integration of Chainlink Price Feeds across multiple networks including Base, Moonbeam, and Moonriver. - New WELL-USD price feed provides reliable token pricing - Implementation enables expanded use cases on both networks - Continues Chainlink's role as industry standard for price feeds The integration reinforces Moonwell's commitment to market reliability and accurate pricing across its supported networks.