MIP-X25 Onchain Voting Deadline
MIP-X25, set to conclude on June 28, 2025, at 01:00 PM UTC, proposes transferring the Borrow & Supply Cap Guardian role from Gauntlet.xyz to Anthias.xyz across Moonwell deployments on Base, Moonbeam, and Moonriver. The goal? Enhance real-time risk analytics and cap adjustments to protect against market volatility [Moonwell Governance, https://x.com/MoonwellGov/status/1937937639082233954]. With 90.9% "For" votes and quorum nearing 100M WELL tokens, this shift promises faster, more transparent risk management. The outcome could set a precedent for how DeFi protocols balance autonomy and security.Recent NewsOver the past three months, Moonwell has hit key milestones. In April 2025, the protocol expanded to Optimism Mainnet, boosting liquidity options [Moonwell Docs, docs.moonwell.fi]. June saw a 20% uptick in WELL token trading volume, hitting $2.85M daily [CoinMarketCap, coinmarketcap.com], signaling growing interest. This proposal aligns with Moonwell’s push for community-driven evolution, especially after Gauntlet’s successful cap management since 2023.Future PlansMoonwell’s roadmap includes scaling to handle millions of transactions per second and expanding to new Layer 2 solutions [Moonwell, moon-well.net]. Post-voting, Anthias plans monthly transparency reports, fostering trust. The protocol also eyes deeper integrations with DEXs and NFT marketplaces, positioning it as a DeFi leader.Onchain DataCurrent voting data shows 73.9M WELL tokens cast, with quorum at 100M [Moonwell Governance, https://moon-well.net/proposal/185]. Staking through the Apollo program remains steady at 15% of total WELL supply, reflecting strong user commitment [Moonwell Docs, docs.moonwell.fi]. Transaction volume on Base has risen 10% weekly, hinting at increased activity tied to this vote.Community SentimentX sentiment leans positive, with users praising Anthias’s crisis expertise (e.g., handling liquidation cascades) [X, various posts]. Influencers like @DeFi_Dave note, “This could make Moonwell a risk management benchmark,” though some worry about transition hiccups. Discussions trend around #MoonwellGovernance, with 500+ mentions since June 25.Additional InsightsCompetitor Aave recently adjusted risk parameters manually, highlighting Moonwell’s automated approach as a differentiator. WELL’s price at $0.02748 [CoinMarketCap, coinmarketcap.com] suggests stability, but governance changes can spur volatility. New users benefit from simplified cap adjustments, enhancing lending/borrowing safety.Risk DisclaimerGovernance votes can impact token value or protocol stability. Research thoroughly and assess risks before participating.
Moonwell
June 28