Moonwell Activates Multichain Governance and Native WELL Token on Base Network
Moonwell Activates Multichain Governance and Native WELL Token on Base Network
🗳️ Stake WELL, Govern Moonwell
Moonwell has successfully executed MIP-B16, enabling staking rewards for the Base Safety Module. This allows users to stake their WELL tokens and participate in governance on the Base network. Previously, Moonwell activated its new multichain governor and introduced a native WELL token, facilitating cross-chain governance and staking. Users can now easily migrate their existing WELL tokens to the new native token and stake them to earn rewards while shaping Moonwell's future through voting. Additionally, a new WETH/WELL liquidity pool has been created on Aerodrome, with incentives transitioning from the existing pool.
The voting periods for MIP-M20 and MIP-R14 have closed. ✅ Both proposals have passed successfully and have entered the 24-hour timelock. 🗳 Vote Results: moonwell.fi/governance
MIP-M20 and MIP-R14 have been submitted for onchain voting. These proposals rebalance liquidity incentives in an effort to maintain healthy levels of rewards on Moonbeam and Moonriver. 🗳 MIP-M20 (WELL): moonwell.fi/governance/pro… 🗳 MIP-R14 (MFAM): moonwell.fi/governance/pro…
🌜🌛 Exciting news for the @MoonwellDeFi community! Solidity Labs is pleased to announce that we've submitted two MIPs which will enable the transition to a multichain governance model and introduce a new, multichain fungible WELL token. Let's dig in 🧵👇x.com/MoonwellGov/st…
.@SolidityLab has submitted MIP-M23 & M24 for onchain voting. These proposals work in tandem to activate a new multichain $WELL token and governor contract, enabling onchain voting and staking on @Base. 🗳 Vote (WELL): moonwell.fi/governance 🗣 Discuss: forum.moonwell.fi/t/820/
April's Moonwell Governance Call is now available on YouTube! Gain insights from Moonwell contributors @SolidityLab and @gauntlet_xyz as they delve into @Base native WELL, multichain governance, and the latest market risk recommendations. Tune in ⬇️ youtube.com/watch?v=3J3aRN…
The voting periods for MIP-M23 and M24 have closed. ✅ Both proposals have passed successfully and have been queued to await execution. 🗳 Vote Results: moonwell.fi/governance
.@SolidityLab has submitted MIP-M23 & M24 for onchain voting. These proposals work in tandem to activate a new multichain $WELL token and governor contract, enabling onchain voting and staking on @Base. 🗳 Vote (WELL): moonwell.fi/governance 🗣 Discuss: forum.moonwell.fi/t/820/
.@SolidityLab has submitted MIP-M23 & M24 for onchain voting. These proposals work in tandem to activate a new multichain $WELL token and governor contract, enabling onchain voting and staking on @Base. 🗳 Vote (WELL): moonwell.fi/governance 🗣 Discuss: forum.moonwell.fi/t/820/
The voting period for MIP-M21 has closed. ✅ The proposal has passed successfully and can be queued into the 24-hour timelock. 🗳 Vote Results: moonwell.fi/governance/pro…
.@SolidityLab has submitted MIP-M21 for onchain voting. This MIP aims to upgrade the @wormholecrypto adapter on @MoonbeamNetwork, an important step towards enabling voting and staking from @base. 🗳 Vote (WELL): moonwell.fi/governance/pro… 🗣 Discuss: forum.moonwell.fi/t/813/
.@Gauntlet_xyz has submitted its latest risk parameter recommendations for onchain voting. 🕑 Voting period ends on 04/04 at 11:41pm UTC 🗳 MIP-B15 (Base): moonwell.fi/governance/pro… 🗳 MIP-M25 (Moonbeam): moonwell.fi/governance/pro… 🗳 MIP-R15 (Moonriver): moonwell.fi/governance/pro…
Information on MIP’s M23 and M24 have just gone up on the @MoonwellDeFi forums. The future of the WELL token and cross chain governance is almost here forum.moonwell.fi/t/mip-m23-and-…
⏳ Less than 24 hours remain to vote on MIP-B15, MIP-M25 and MIP-R15 ❗️Quorum has NOT been met. 🗳 MIP-B15: moonwell.fi/governance/pro… 🗳️ MIP-M25: moonwell.fi/governance/pro… 🗳️ MIP-R15: moonwell.fi/governance/pro…
.@Gauntlet_xyz has submitted its latest risk parameter recommendations for onchain voting. 🕑 Voting period ends on 04/04 at 11:41pm UTC 🗳 MIP-B15 (Base): moonwell.fi/governance/pro… 🗳 MIP-M25 (Moonbeam): moonwell.fi/governance/pro… 🗳 MIP-R15 (Moonriver): moonwell.fi/governance/pro…
ICYMI: Listen back to Episode 3 of Moonwell Radio. We were joined by @shamu5noonan and @vaibhavchellani to discuss @Circle CCTP and how easy it is to access the best apps, marketplaces, and onchain experiences with our new USDC Anywhere feature. youtube.com/watch?v=Hm0DRl…
🌜🔵🌛 Have you heard the news? Native WELL is live on @Base! Native WELL enables you to stake, participate in governance, and provide DEX liquidity on @aerodromefi! Upgrade your existing WELL tokens on Base using our in-app migration wizard. ⬇️ 🔄 moonwell.fi/well-migration
.@SolidityLab has submitted MIP-B16 for onchain voting. This proposal aims to incentivize staking and governance participation by enabling rewards on the new Safety Module on @Base. 🗳 Vote (WELL): moonwell.fi/governance/pro… 🗣 Discuss: forum.moonwell.fi/t/849
MIP-M20 and MIP-R14 have been submitted for onchain voting. These proposals rebalance liquidity incentives in an effort to maintain healthy levels of rewards on Moonbeam and Moonriver. 🗳 MIP-M20 (WELL): moonwell.fi/governance/pro… 🗳 MIP-R14 (MFAM): moonwell.fi/governance/pro…
MIP-B16 has been executed, enabling staking rewards for the @Base Safety Module. Stake your WELL today to participate in governance and help shape the future of Moonwell! 👉 moonwell.fi/stake/base
The voting periods for @Gauntlet_xyz's MIP-B14 and MIP-M19 have closed. ✅ Both proposals have passed successfully and can be queued into the 24-hour timelock. 🗳 Vote Results: moonwell.fi/governance
The voting period for MIP-M22 has closed. ✅ The proposal has passed successfully and can be queued into the 24-hour timelock. 🗳 Vote Results: moonwell.fi/governance/pro…
MIP-M22 has been submitted for onchain voting. This proposal is a follow-up to MIP-M16 and aims to enhance FRAX liquidity on @MoonbeamNetwork. 🗳 Vote (WELL): moonwell.fi/governance/pro… 🗣 Discuss: forum.moonwell.fi/t/746
Following the successful passage of @SolidityLab's MIP-M23 and MIP-M24, Moonwell has activated its new multichain governor! Voting and staking on @Base will go live in the coming days using a new, native WELL token. 🌜🔵🌛
🌜🌛 Exciting news for the @MoonwellDeFi community! Solidity Labs is pleased to announce that we've submitted two MIPs which will enable the transition to a multichain governance model and introduce a new, multichain fungible WELL token. Let's dig in 🧵👇x.com/MoonwellGov/st…
Moonwell Featured in Times Square for Builders Day
Moonwell achieved a significant milestone with a feature on Times Square's iconic billboards during Builders Day. The event celebrates innovators in the onchain economy. Moonwell joins other notable builders in showcasing their vision for accessible onchain finance. The platform aims to simplify digital finance and expand access to the global onchain economy. - Featured on Times Square billboard - Celebrated alongside other onchain innovators - Focus on accessible financial solutions - Working toward inclusive digital economy
Moonwell Launches Send Earn: A New USDC Yield Product on Base
Moonwell has launched Send Earn, a new yield-generating product built on Base network. The service leverages Moonwell's Flagship USDC Vault to offer: - Instant access to USDC yields - Zero lockup periods - No transaction fees - Immediate withdrawals The platform integrates with Moonwell Virtual Accounts, allowing users to receive payments from US-based entities and automatically earn rewards through Coinbase Wallet or direct deposits into the USDC vault. *Key Features*: - Seamless integration with existing Moonwell infrastructure - Compatible with Coinbase Wallet - Automated yield generation - US payment support
Moonwell Reports 20% Growth in Active Loans, Launches Analytics Dashboard
Moonwell has experienced significant growth with a 20% increase in active loans. The protocol has launched a custom analytics dashboard on Token Terminal to help users track key performance metrics. Key Features of the Dashboard: - Total deposits monitoring - Active loans tracking - Fee analysis - Revenue insights The dashboard is accessible through: - Top navigation bar in Moonwell app - Direct link: [Token Terminal Dashboard](https://tokenterminal.com/explorer/studio/dashboards/e713fb3f-c10b-45ed-93d4-4e48779dd849) This development follows recent protocol improvements including Core Markets expansion, Vault launches, and Moonwell Card integration.
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)