Moonwell MIP-M44 Onchain Vote

JUL

13

Event date

Sunday 13 July 2025, UTC

Event description

MIP-M44 proposes switching all Moonwell Core Markets on Moonbeam Network to API3’s data feeds, replacing Chainlink feeds to maximize Oracle Extractable Value (OEV) recapture [Moonwell Website]. The goal? Enhance yield for lenders and strengthen reserves by leveraging API3’s proven OEV solution, which has already returned over $680 to Moonwell since its GLMR/USD switch in April 2025 [API3 OEV Dashboard]. Voting runs from July 9 at 12:29 PM UTC to July 12, 2025, with execution possible by July 13 if quorum (100M votes) is met [Moonwell Proposal #188]. This move could set a precedent for cross-chain DeFi governance, making Moonwell a leader in OEV optimization.

Recent News

Moonwell has been on a roll. In May 2025, the protocol celebrated a 24-hour trading volume of $3.29M for its WELL token, reflecting growing user adoption [CoinMarketCap]. The GLMR/USD switch to API3 in April proved successful, recapturing 87% of potential OEV, a milestone praised by the community [Moonwell Forum]. This builds on Moonwell’s expansion across Base, Optimism, and Moonriver, solidifying its DeFi presence.

Future Plans

Moonwell’s roadmap highlights cross-chain expansion, with API3 pledging support for future deployments [MIP-M44 Proposal]. Upcoming features include exploring alternative OEV revenue uses, like reducing liquidation penalties, and enhancing user interfaces for broader accessibility [Moonwell Docs]. These steps aim to position Moonwell as a top lending protocol by 2026.

Onchain Data

Current onchain data shows 75.2M votes cast so far, short of the 100M quorum [Moonwell Proposal #188]. Transaction volume on Moonbeam has spiked 15% since the GLMR switch, indicating heightened activity [Moonbeam Network Analytics, approximate]. Exact staking metrics are unavailable, but the protocol’s open design encourages broad participation.

Community Sentiment

X is abuzz with excitement. Users like @theweb3attorney and @AnisLaour have expressed enthusiasm with emojis and calls to “vote yes” [X Posts, July 9, 2025]. Influencer @qevrythnq suggests strong community support, hinting at a potential yes vote trend. Discussions on Moonwell’s forum also reflect confidence in API3’s reliability [Moonwell Forum Thread].

Additional Insights

This integration aligns with a DeFi trend where protocols like Aave use optimized oracles to boost revenue [Gate Ventures, 2025]. Moonwell’s user-centric approach could attract new users, though early adopters should monitor voting outcomes. Competitors like Compound may follow suit, intensifying the race for OEV recapture.

Risk Disclaimer

Voting outcomes are uncertain, and price volatility may occur. Always research and assess risks before participating.

Join the vote at https://t.co/fekZ2gXDFs and shape DeFi’s future!

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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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