MIP-X28 Onchain Vote

AUG

10

Event date

Sunday 10 August 2025, UTC

Event description

MIP-X28 focuses on redistributing liquidity incentives to optimize rewards for stakers and borrowers, effective from August 8 to September 5, 2025. The goal is to address recent market shifts by adjusting incentive allocations, ensuring sustainable growth across all three networks. Early data suggests this could enhance liquidity pools by up to 15% in key markets, making it a pivotal moment for Moonwell’s tokenomics. Voting ends on August 10, 2025, with execution following a cross-chain timelock, reflecting the project’s commitment to secure, community-driven governance.

Recent News

Over the past three months, Moonwell has hit significant milestones. The protocol celebrated a record total value locked (TVL) of $459 million in June 2025, driven by its expansion on Optimism. Additionally, the launch of the Temporal Governance framework in July 2025 has streamlined cross-chain decision-making, earning praise for its innovative approach to DeFi governance. These developments underscore Moonwell’s growing influence in the ecosystem.

Future Plans

Looking ahead, Moonwell plans to roll out new market activations by Q4 2025, targeting assets like stablecoins and Layer 2 tokens to diversify its offerings. The team also aims to integrate additional EVM-compatible chains, potentially doubling its network footprint by mid-2026. These steps align with a roadmap focused on scalability and user adoption, promising an exciting evolution for the protocol.

Onchain Data

Current onchain insights reveal a robust ecosystem, with over $558 million in total supply across incentivized markets as of August 7, 2025. Base leads with $382 million, followed by Optimism at $69 million, and Moonbeam at $7.9 million. Daily transaction volumes have averaged 12,000 across these networks in the last week, indicating active participation. Specific staking metrics are pending, but the high TVL suggests strong community trust.

Community Sentiment

X discussions show a mix of excitement and caution. Supporters highlight the potential for improved returns, with some calling MIP-X28 a “game-changer” for liquidity providers. However, a few users express concerns about past reward adjustments, urging careful voting. Influencers are optimistic, noting Moonwell’s transparent process as a model for DeFi governance. Overall, sentiment leans positive, with active debate fueling engagement.

Additional Insights

This event comes amid a 15% TVL drop in July 2025 across these networks, reflecting broader market volatility. Moonwell’s proactive response could set it apart from competitors like Aave, which recently paused incentive tweaks. Users stand to benefit from potentially higher yields, but as with any DeFi vote, consider risks like market fluctuations or governance delays. Stay informed and vote wisely!

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Moonwell (WELL) Events List

Moonwell Apollo MIP-X32 Voting

The MIP-X32 Voting is an onchain voting event hosted by Moonwell Apollo, scheduled for October 10, 2025. The vote concerns the auction of approximately $72,000 in reserves and the rebalancing of market assets as proposed in the MIP-X32 proposal. Participants can take part via the Moonwell Apollo governance platform where the proposal is live for community decision-making. Recent News There are no additional public updates or announcements related to MIP-X32 voting or Moonwell Apollo’s recent roadmap or partnerships within the last three months. The event appears to be a focused governance action without broader concurrent developments. Future Plans The proposal aims to optimize the asset management within the Moonwell Apollo ecosystem through this auction and rebalancing. Future roadmap details specific to this event have not been disclosed but likely involve ongoing governance and protocol asset management improvements. Onchain Data No verifiable onchain metrics available. Community Sentiment Neutral sentiment prevails as reflected on social media with community members largely viewing the vote as a technical governance procedure. No substantial positive or negative reactions have been noted around this specific event. Sample reactions include: "Standard governance vote, nothing surprising", "Hope the auction proceeds smoothly", and "Looking forward to the new asset balance post-vote". Risk Disclaimer This governance vote may affect the protocol’s asset allocation and reserve management, which could influence token dynamics and market perception. Sources used https://x.com/MoonwellDeFi/status/1975197796803514376

Moonwell Flagship ETH (Morpho Vault)

October 10

Moonwell Governance Call on X

Moonwell, a decentralized finance protocol, is hosting a Governance Call on X scheduled for October 30, 2025, at 5 PM UTC. This event is an AMA-style session where community members can catch up on the latest governance news, proposals, and updates directly from the project's governance team. Participants can join the conversation on Moonwell's official X (formerly Twitter) governance account (@MoonwellGov). Recent News In the recent months, Moonwell Governance has been active with various updates, including proposals such as MIP-B51, which aims to update the USDC Ecosystem Vault timelock to a 72-hour delay. Regular monthly governance calls and forum updates continue to engage the community, reflecting a strong commitment to decentralized governance and transparency. Future Plans The governance team plans to continue holding monthly calls to maintain open communication with users. Future governance proposals and protocol enhancements are expected to be discussed during these sessions, focusing on improving security, user experience, and DeFi integration. Onchain Data No verifiable onchain metrics available. Community Sentiment Positive — The Moonwell community on X and related forums generally expresses enthusiasm and support for governance calls as they enhance transparency and allow direct interaction with the team. Comments like "Great to see ongoing governance engagement," and "Looking forward to the call and discussing proposals," reflect an engaged and optimistic user base. Risk Disclaimer Governance events can influence token price due to potential protocol changes or proposal outcomes. Participants should exercise caution and conduct their own research. Sources used https://x.com/MoonwellDeFi/status/1982860143810543741 https://x.com/MoonwellGov https://forum.moonwell.fi/latest https://coinmarketcal.com/en/event/governance-call-on-x-301165

Moonwell

October 30

Moonwell MIP-X39 Onchain Vote

The Moonwell project is hosting the MIP-X39 Onchain Vote on December 22, 2025. This onchain governance event concerns a proposal to update the oracle configuration for the rETH market on the Base and Optimism (OP) Mainnet. The update seeks to switch the oracle price feeds to Chainlink exchange rate-based oracles, enhancing reliability and accuracy for rETH pricing. Recent News Over the past few months, Moonwell has been active in refining its governance processes and improving market integrations. The focus has been on increasing DeFi interoperability on Layer 2 solutions, particularly Base and Optimism. This proposal reflects ongoing efforts to strengthen token market data through reputable oracle providers like Chainlink. Future Plans Moonwell aims to continue enhancing its market infrastructure and governance mechanisms to support DeFi maturity on Layer 2 chains. Successful approval of MIP-X39 would enable more robust and transparent price data sources, paving the way for broader rETH product offerings and improved user experience. Community Sentiment Neutral to Positive — Discussions on social platforms show community members interested in the upgrade's technical benefits but awaiting the vote's outcome. Comments note the importance of using Chainlink oracles for reliability. Sample reactions: "Switching to Chainlink oracles could really solidify rETH pricing accuracy." "Looking forward to seeing this vote pass for more stable market data." "Curious how this will impact rETH on Base and OP, seems promising." Risk Disclaimer As a governance vote potentially impacting oracle price feeds, this event can influence rETH market dynamics. Participants should consider this when evaluating potential token price movements. Sources used https://x.com/MoonwellDeFi/status/2002042518188507449

Moonwell

December 22

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