moonwell

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.

Moonwell introduces a simple, fast, and secure way to lend and borrow USDC across the Ethereum ecosystem. Users can access the USDC market on Moonwell by connecting their wallet and following on-screen prompts. Explore more information in the documentation to start building your tomorrow.

The Moonwell community has chosen @gauntlet_xyz's Asset Listing Framework to streamline the process for listing new tokens. Engaging the community and meeting liquidity and oracle feed requirements are crucial for proposing new markets on Moonwell.