Voting Open on AerodromeFi and VelodromeFi

πŸŒ™ Votes needed! Act now

By moonwell
Oct 10, 2024, 2:03 PM
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Photo by moonwell

Moonwell community calls for support on AerodromeFi and VelodromeFi

  • veAERO and veVELO holders can vote to direct emissions to WELL/WETH liquidity pools
  • Voting aims to build deep liquidity for WELL token on Base and Optimism
  • Supports Moonwell's growth in the expanding onchain economy

This initiative aligns with Moonwell's recent developments:

  • Launched WELL rewards across Core Markets on Base and Optimism
  • Introduced Flagship Vaults powered by Morpho Labs
  • Achieved high fee generation among lending apps on Base

Moonwell continues to innovate and contribute to the growth of the Optimism Superchain and Base ecosystem.​

Sources

πŸŒœπŸ”΅πŸŒ› The @CoinbaseWallet Smart Wallet simplifies how everyone, everywhere can access and participate in the global onchain economy on @Base β€” no app downloads, extensions, or seed phrases to remember. Create your first smart wallet in just seconds. ⬇️

Moonwell
Moonwell
@MoonwellDeFi

Introducing @CoinbaseWallet smart wallet: the simplest way to interact with Moonwell and countless other onchain applications. Through our integration, Moonwell continues breaking down barriers and empowering everyone, everywhere to explore the benefits of onchain finance.

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Moonwell Leads in Flight School 14! πŸŒœβœˆοΈπŸŒ› The Moonwell community continues to grow its protocol-owned liquidity flywheel on @AerodromeFi. The flywheel directs AERO emissions to the WELL<>WETH liquidity pool, helping to build deep liquidity for the WELL token on @Base.

Aerodrome
Aerodrome
@AerodromeFi

Flight School Class 14 ended on Wednesday: Top pilots: πŸ₯‡ @MoonwellDeFi πŸ₯ˆ @TarotFinance πŸ₯‰ @overnight_fi πŸ… @LuchadoresNFT πŸ… @DeFiCollective_ Cumulatively these 5 protools locked 745k AERO and received a 45% more veAERO as a lock bonus, along with all other participants.

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πŸŒœπŸ”΅πŸŒ› Moonwell is helping bring the world onchain with simple yet powerful tools that let you explore the benefits of onchain finance. Now, you can transfer Moonwell's WELL token between @Coinbase and @Base, making it easy to join the fastest-growing onchain economy.

Coinbase Assets πŸ›‘οΈ
Coinbase Assets πŸ›‘οΈ
@CoinbaseAssets

Moonwell (WELL) is now live on coinbase.com & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets. coinbase.com/price

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πŸŒœπŸ¦‹πŸŒ› WELL rewards are now live on the Moonwell Flagship EURC Vault on @Base! Curated by @BlockAnalitica and @bprotocoleth, the vault strategically allocates funds across @MorphoLabs markets to deliver optimized, risk-adjusted returns for EURC depositors.

Moonwell
Moonwell
@MoonwellDeFi

πŸŒœπŸ¦‹πŸŒ› The Moonwell Flagship EURC Vault is now live, harnessing the power of @MorphoLabs to simplify onchain euro lending. Curated by @BlockAnalitica and @bprotocoleth, the vault delivers optimized, risk-adjusted returns for EURC depositors β€” all within the Moonwell app.

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Welcome to Base, @Phantom! πŸŒœπŸ”΅πŸŒ› You can now interact with Moonwell on @Base with the easy to use, seamless Phantom wallet experience. Base is for everyone.

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Phantom
Phantom
@phantom

Your favorite multichain wallet is getting even more BASED πŸ”΅ Starting today, we’re rolling out beta support for @Coinbase's Ethereum L2: @Base πŸ”΅Β Access your favorite DeFi and NFT apps πŸ”΅Β Buy and swap thousands of tokens in Phantom πŸ”΅Β Stay safe with Ledger support, spam

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πŸŒœπŸ¦‹πŸŒ› The Moonwell Flagship EURC Vault on @Base has reached $3.1M in deposits! Curated by @BlockAnalitica and @bprotocoleth, the vault strategically allocates funds across @MorphoLabs markets to deliver optimized, risk-adjusted returns for EURC depositors. ⬇️

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Moonwell
Moonwell
@MoonwellDeFi

πŸŒœπŸ¦‹πŸŒ› The Moonwell Flagship EURC Vault is now live, harnessing the power of @MorphoLabs to simplify onchain euro lending. Curated by @BlockAnalitica and @bprotocoleth, the vault delivers optimized, risk-adjusted returns for EURC depositors β€” all within the Moonwell app.

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πŸŒœπŸ”΅πŸŒ› @Base is on a mission to bring a billion people onchain, and apps like Moonwell are key to making it happen. Learn how Moonwell's innovations this summer helped drive the growth and adoption of the onchain economy being built on Base. ⬇️

Moonwell
Moonwell
@MoonwellDeFi

πŸŒœβ˜€οΈπŸŒ› Smart wallet, vaults, new markets, record levels of fee and revenue generation β€” Moonwell was busy on @Base this Onchain Summer! Let’s take a look back at how Moonwell has been helping to grow the onchain economy. ⬇️ mirror.xyz/moonwell.eth/9…

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πŸŒœπŸ› οΈπŸŒ› Fewer RPC calls, greater performance. The Moonwell community is always on the lookout for the best tools to ensure an optimal user experience. Big thanks to @ERPC for helping us better serve our global community!

eRPC
eRPC
@ERPC

πŸŒœπŸŒ› @MoonwellDeFi tapped into the power of @ERPC, cutting their RPC requests by over 65%, improving efficiency, and significantly reducing costs. Here’s how eRPC made it happenπŸ‘‡

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🌜$πŸŒ› Looking to transfer USDC? Moonwell has you covered. USDC Anywhere lets you easily lend and borrow USDC on @Base and many of the top Ethereum networks like @Ethereum, @Arbitrum, and @Optimism, @0xPolygon, and @Avax. Explore new onchain experiences with USDC on Moonwell.

Peter Schroeder
Peter Schroeder
@peterschroederr

USDC transfer volume on @base hit another all time high last week. Base has now processed $70B+ of USDC transactions for the third straight week.

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πŸŒœπŸ¦‹πŸŒ› Over $60M deposited into Moonwell Flagship Vaults! Powered by @MorphoLabs' lending infrastructure, the vaults deliver optimized, risk-adjusted returns β€” seamlessly integrated into the familiar Moonwell app. Deposit ETH, USDC, or EURC and experience lending made simple.

Moonwell
Moonwell
@MoonwellDeFi

πŸŒœπŸ¦‹πŸŒ› Introducing Moonwell MetaMorpho Vaults – an innovative solution that combines the best of @MorphoLabs' next generation lending infrastructure with Moonwell's signature simplicity. Dive into the details below! 🧡

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Moonwell is now live on @Coinbase! πŸŒœπŸ”΅πŸŒ› We're excited to welcome everyone to @Base's global onchain economy.

Coinbase Assets πŸ›‘οΈ
Coinbase Assets πŸ›‘οΈ
@CoinbaseAssets

Moonwell (WELL) is now live on coinbase.com & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets. coinbase.com/price

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πŸŒœβ‚¬πŸŒ› @Base is now the go-to destination for onchain innovation. With ~€10M supplied across the Moonwell EURC Core Market and Flagship Vault, apps like Moonwell and @MorphoLabs are meeting the growing demand for euro-denominated lending and borrowing onchain.

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Patrick Hansen
Patrick Hansen
@paddi_hansen

I called it a few weeks ago & it's official: EURC is now the largest euro stablecoin by market cap πŸ’ΆπŸš€ Fueled by an incredible run on on the base blockchain from 0 to ~€26m since early August, EURC has almost doubled in market cap since our MiCA launch 3 months ago. Amongst

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πŸŒœπŸ”΅πŸŒ› @Base is the fastest-growing onchain economy, with the ambitious goal of bringing a billion people onchain. Learn how Moonwell is helping to make this a reality: ⬇️

Moonwell
Moonwell
@MoonwellDeFi

πŸŒœβ˜€οΈπŸŒ› Smart wallet, vaults, new markets, record levels of fee and revenue generation β€” Moonwell was busy on @Base this Onchain Summer! Let’s take a look back at how Moonwell has been helping to grow the onchain economy. ⬇️ mirror.xyz/moonwell.eth/9…

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Read more about moonwell

Moonbeam Network Sunset Deadline Approaches: One Week Remaining for WELL Token Transfers

The Moonbeam network on Polkadot will shut down on **July 31, 2026** - just one week away. WELL token holders must act immediately to avoid losing access to their assets. **Key Actions Required:** - Transfer all WELL tokens from Moonbeam to Base, Optimism, or Ethereum before July 31 - Transfers are 1:1 and complete in minutes at [moonwell.fi/transfer](http://moonwell.fi/transfer) - Over 25M WELL remains staked on Moonbeam - the 7-day cooldown has been removed for immediate redemption **Critical Details:** - Assets remaining on Moonbeam after July 31 may become permanently inaccessible - This affects only Moonbeam deployments - Base, Ethereum, and Optimism markets remain unaffected - Users should also withdraw any supplied assets and close positions before the deadline The network shutdown was decided independently by the Moonbeam team. Support available at [support.moonwell.fi](http://support.moonwell.fi).

Moonwell Borrowing Surges Across Networks

Moonwell Borrowing Surges Across Networks

Borrowing activity accelerated across Moonwell's lending markets last week, with notable increases on multiple chains. **Key Metrics:** - USDT borrows on Ethereum: **+236%** - USDC borrows on Ethereum: **+148%** - VELO borrows on OP Mainnet: **+206%** (reaching nearly 6M VELO) This uptick follows recent protocol enhancements, including new borrow incentives for USDC, USDT, ETH, and cbBTC on Ethereum. Users can now earn WELL tokens while borrowing these assets. The growth comes as Moonwell continues expanding across chains. Since launching on Ethereum in June, the protocol has attracted over $3.5M in supplied assets. Supply-side WELL incentives remain active across all Ethereum markets. Moonwell operates on Ethereum, Base, and OP Mainnet, offering lending and borrowing for stablecoins, ETH, cbBTC, and other assets. All smart contracts are audited by Halborn Security. [View Markets](http://moonwell.fi/markets/ethereum)

Major Exchanges Support WELL Token Migration to Base

**Multiple exchanges backing WELL's network move** HTX has joined several major exchanges in supporting WELL token migration from Moonbeam Network to Base. The exchange will handle the token swap process for users holding WELL. **Who's involved:** - HTX (latest to announce) - CoinEx - Gate - KuCoin All exchanges are coordinating the migration through their respective token swap processes. Users should check individual exchange announcements for specific timing and requirements. [HTX announcement](https://www.htx.com/support/45038320763647/) This coordinated support from multiple platforms simplifies the migration process for WELL holders across different exchanges.

Moonwell Launches $250K Bug Bounty Program with Sherlock

Moonwell Launches $250K Bug Bounty Program with Sherlock

Moonwell has partnered with Sherlock to launch a bug bounty program offering rewards up to $250,000 for security researchers who responsibly disclose vulnerabilities in the protocol. **Key Details:** - Maximum reward: $250,000 - Partnership with [@sherlockdefi](https://twitter.com/sherlockdefi) - Focus on responsible disclosure - Aims to strengthen protocol security The program invites security researchers to help identify and report potential vulnerabilities, reinforcing Moonwell's commitment to maintaining a secure DeFi platform. Security researchers interested in participating can review the program details and begin their assessments.

Moonwell Launches Borrower Rewards Program on Ethereum

Moonwell has expanded its rewards program to include borrowers on Ethereum. Users can now earn WELL tokens by borrowing USDC, USDT, ETH, or cbBTC across all Ethereum markets. This follows the June launch of supply-side incentives, where lenders earned WELL rewards plus borrower interest. The platform now rewards both sides of the lending equation. **Key Details:** - Borrowing rewards live across all Ethereum markets - Supported assets: USDC, USDT, ETH, cbBTC - Complements existing supply rewards program The dual incentive structure aims to boost liquidity and participation on both lending and borrowing sides of the protocol.

DeFiStakingYield