moonwell

Moonwell DeFi, a decentralized finance project, has announced that it has become the largest project utilizing Coinbase Wallet's in-app subscription feature. The project has garnered 3,274 unique Coinbase Wallet users who have opted to receive notifications about new features and events. Moonwell emphasizes security, subjecting its smart contracts to comprehensive audits from Halborn Security and offering a bug bounty program powered by ImmuneFI to incentivize the discovery of vulnerabilities.

Moonwell DeFi, a decentralized finance platform built on the Base blockchain, has reported an all-time high in active user count. The platform has also experienced its highest activity levels in recent days, indicating growing adoption and interest. Moonwell prioritizes security through comprehensive smart contract audits and a bug bounty program to identify vulnerabilities.

Moonwell DeFi has emerged as the leading lending protocol by total value locked (TVL) on the Base network. The protocol emphasizes security, with all its smart contracts undergoing rigorous audits by Halborn Security. Additionally, Moonwell operates an ImmuneFI-powered bug bounty program to incentivize the identification of vulnerabilities, further reinforcing its commitment to a robust and secure platform for its community.

The Dencun upgrade has been launched, with reduced fees on Base starting at 0:00 UTC. Thanks to the @Base and @OPLabsPBC teams for their efforts in scaling Ethereum. This upgrade will make lending and borrowing on Moonwell more affordable.

The voting periods for Gauntlet_xyz's MIP-B14 and MIP-M19 have closed, with both proposals passing successfully and ready to be queued into the 24-hour timelock.

Snapshot voting has been launched for the proposal to add WBTC Market to Moonwell on Base by @coolhorsegirl2. Community members can now cast their votes using the WELL token.

Thanks to SocketDotTech and Moonwell's new USDC Anywhere feature, users can now earn ARB rewards by borrowing USDC on Arbitrum.

📞 Reminder: The second Moonwell Governance Call will take place on Thursday, March 7th at 5pm UTC. The call will focus on governance topics from February 15th to the meeting date, with insights from proposers and delegates. Stay tuned for updates on proposals, voting, and forum discussions from @MoonwellGov.

The MoonwellDeFi ecosystem has surpassed a Total Market Size of 161 million! As liquidity grows, market efficiency is expected to improve, borrowing rates lower, and more onchain activity.

The voting window on Snapshot has closed with 100% consensus for the proposal to upgrade with Aave USDC.