moonwell

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.

Moonwell has announced that its localization team has translated all posts on the platform into several languages, including Portuguese, Spanish, Chinese, German, Ukrainian, Russian, and Thai. This move aims to make the platform more accessible, inclusive, and connected for users worldwide.

Circle's USDC stablecoin is experiencing significant inflow into the Base ecosystem. Base's USDC Anywhere feature allows users to lend and borrow USDC on the Moonwell platform, facilitating cross-chain liquidity from the Ethereum ecosystem within minutes. This development highlights the growing adoption of USDC and the Base ecosystem's role as a central liquidity hub.

Moonwell has revealed that the Moonwell veAERO Relay on Aerodrome is the largest of any protocol. The Relay establishes a protocol-owned liquidity flywheel, directing AERO emissions to the WELL/ETH liquidity pool weekly. Following the launch of native WELL on Base, a new WELL/ETH liquidity pool was created on Aerodrome. Moonwell is encouraging veAERO holders to vote for this new pool to support the community. The platform prioritizes security, with comprehensive audits and a bug bounty program.

Moonwell, a decentralized application (dapp) on the Base blockchain, has achieved a significant milestone by reaching $150 million in Total Value Locked (TVL). This accomplishment comes after Moonwell became one of the top dapps on Coinbase Wallet, alongside Aerodrome Finance. The reduced transaction fees on Base following the Dencun upgrade have contributed to a surge in new users and increased on-chain activity for Moonwell. The project prioritizes security, with all smart contracts undergoing comprehensive audits from Halborn Security and a bug bounty program powered by ImmuneFI.