moonwell

Moonwell has reached a significant milestone with 1 billion WELL tokens now staked across its protocol. This achievement demonstrates growing community trust and commitment to the platform's long-term vision. Key benefits of WELL staking: - Enhanced protocol security - Participation in governance decisions - Increased rewards through Reserve Auctions Users can stake WELL tokens on three networks: - Base - Optimism Mainnet - Moonbeam Network Visit [moonwell.fi/stake](http://moonwell.fi/stake) to participate in staking.

Moonwell announces significant developments in onchain AI and financial accessibility: - Over 1.34M VIRTUAL tokens now supplied to Moonwell on Base network - VIRTUAL serves as governance token for Virtuals Protocol - Platform enables lending/borrowing to support autonomous agents - Joined Circle Alliance Program to enhance global financial access - Launched Virtual U.S. checking accounts with no residency requirements **Key Features:** - Integrated VIRTUAL Core Market on Base - Virtual U.S. checking accounts available globally - Seamless lending and borrowing of VIRTUAL tokens [Explore VIRTUAL Market](https://moonwell.fi/markets/supply/base/virtual) [Join Moonwell Discord](https://discord.com/invite/moonwellfi)

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 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 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.

**Key Updates:** - Moonwell Flagship Vault depositors can now claim their earned rewards, including MORPHO tokens - Rewards are available for deposits made up until November 20 - Claims can be processed directly through the Moonwell app - Eligible vaults include ETH, USDC, and EURC on Base This follows the recent MORPHO token transferability activation, marking a significant milestone for vault participants. Depositors can access their rewards at moonwell.fi/vaults.

**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.*

Moonwell has integrated with Token Terminal, offering users enhanced visibility into key protocol metrics: - Track total deposits, active loans, fees, revenue, and user activity - Access the Moonwell-specific dashboard via the app's top navigation bar This integration provides: - Improved transparency for users - Easy access to critical performance data - A comprehensive view of Moonwell's ecosystem health The move aligns with Moonwell's commitment to user empowerment and data-driven decision-making in the DeFi space.

Coinbase has introduced a new smart wallet called Coinbase Wallet, designed to simplify how users worldwide can access and participate in the global onchain economy. The wallet allows users to effortlessly create their first smart wallet in just seconds.

Moonwell has announced the establishment of the Moonwell Foundation, a new entity focused on promoting the continued growth, development, and long-term sustainability of the Moonwell Ecosystem. The Foundation aims to foster the expansion and evolution of the Moonwell platform, which prioritizes security through comprehensive audits and bug bounty programs.