moonwell

The Moonwell app now supports five languages, including English, Portuguese, Chinese, Spanish, and Korean. This move aims to make DeFi accessible to everyone and encourage broader participation in onchain finance.

The voting period for MIP-M16 has closed and the proposal has passed successfully. It can now be queued into the 24-hour timelock.

Moonwell has received 54,658 OP as part of Optimism's RetroPGF3. The OP will be used as liquidity incentives on Moonwell. Moonwell expresses gratitude to Optimism and badgeholders for their support of public goods and the OP Superchain ecosystem.

A proposal titled 'Options for Enhancing Liquidity in the FRAX Market on Moonbeam' has been submitted for Snapshot voting. The voting period ends on 12/31 at 15:00 UTC.

The MIP-M13 proposal by @Gauntlet_xyz has successfully passed in the voting period and can now be queued into the 24-hour timelock.

Moonwell now allows users to connect their Coinbase Wallet and receive timely alerts and notifications through the Moonwell app.

Moonwell offers a streamlined experience for lending and borrowing on @Polkadot with its revamped app. Users can effortlessly lend, borrow, and claim rewards while maintaining control over their crypto. Moonwell is a trusted and reliable DeFi protocol with the highest Total Value Locked on #Moonbeam and @Polkadot. It now offers lending markets for DOT, USDT, and USDC thanks to the cross-chain messaging technology of #XCM. Moonwell embraces onchain governance and is committed to financial inclusion. The app is available in multiple languages and the community is kept updated through Discord bots and dashboards from various sources. The platform prioritizes security and has undergone comprehensive audits and risk management measures.

The Moonwell App now supports the Korean language, in addition to English, Chinese, Spanish, and Portuguese. Users are invited to suggest the next language to be added.

A security breach in the Ledger library has impacted numerous decentralized applications (dApps). Although Moonwell does not utilize Ledger Connect Kit, it is advised to stay vigilant and avoid interacting with any dApps until further clarification is provided. Updates can be found on the Ledger Support and Ledger Twitter accounts.

Lido Finance and Rocket Pool have reached a significant milestone with $30M Total Value Locked (TVL) on Base, thanks to the introduction of USDC rewards and new markets. The Lido Finance and Rocket Pool teams expressed gratitude to the BuildOnBase community for their support.