Moonwell

Insights Proposals Discussions Members Information Reports Meetings

executedEnded 8 months ago · Onchain

MIP-X26 Automated Liquidity Incentive Proposal

This is an automated liquidity incentive governance proposal for the Moonwell protocol.

Base Network

If successful, the proposal would automatically distribute and adjust liquidity incentives for the period beginning 2025-07-11 at 03:30:00 UTC and ending on 2025-08-08 at 03:30:00 UTC.

Metric	Value
Timestamp of capture	1751563200
Closest block number	32386926
Total Supply in USD for incentivized markets	$365,532,015.65
Total Borrows in USD	$172,322,277.06
Safety Module APR	5.00%
Safety Module Boosted APR	19.13%
Total WELL acquired in auctions (USD)	$259,339.74

Total LP (ETH/WELL on Aerodrome)	$11,777,423.00

Total WELL to distribute DEX	600,191.939 WELL
Total WELL to distribute Safety Module	3,281,993.624 WELL
Total WELL to distribute Safety Module (Auctions)	9,267,221.521 WELL
Total WELL to distribute Markets (Config)	7,657,985.122 WELL
Total WELL to distribute Markets (Sanity Check)	7657985.1217 WELL
Total WELL to distribute Markets (Supply Side)	5538402.1262 WELL
Total WELL to distribute Markets (Borrow Side)	2119582.9955 WELL
Total WELL to distribute Markets (Borrow + Supply)	7657985.1217 WELL
Total WELL to distribute Markets (By Speed)	7657985.1217 WELL
Total WELL to distribute (Config + Auctions)	20207200.2666 WELL
Total WELL to distribute (Sanity Check)	20207200.2666 WELL

ETH (MOONWELL_WETH)

Total Supply in USD: $72,224,197.72 Total Borrows in USD: $58,920,000.50

Metric	Current Value	New Value
Supply APY	0.84%	0.84%
Borrow APY	1.14%	1.14%
WELL Supply APR	0.4%	0.38%
WELL Borrow APR	0.63%	0.6%
Total Supply APR	1.24%	1.22%
Total Borrow APR	0.51%	0.54%
Total Supply Incentives Per Day in USD	$1,011.85	$965.53
Total Borrow Incentives Per Day in USD	$1,011.85	$965.53

Metric	% Change
WELL Supply	-4.58%
WELL Borrow	-4.58%

USDC (MOONWELL_USDC)

Total Supply in USD: $92,457,421.19 Total Borrows in USD: $82,496,253.51 Reserves to auction: $263,573.94

Metric	Current Value	New Value
Supply APY	3.51%	3.51%
Borrow APY	4.37%	4.37%
WELL Supply APR	0.81%	0.76%
WELL Borrow APR	0%	0%
Total Supply APR	4.32%	4.27%
Total Borrow APR	4.37%	4.37%
Total Supply Incentives Per Day in USD	$3,715.24	$3,506.35
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	-5.62%
WELL Borrow	0%

AERO (MOONWELL_AERO)

Total Supply in USD: $18,406,658.22 Total Borrows in USD: $9,298,730.82 Reserves to auction: $22,213.03

Metric	Current Value	New Value
Supply APY	4.11%	4.11%
Borrow APY	11.62%	11.62%
WELL Supply APR	0.22%	0.34%
WELL Borrow APR	0.39%	0.61%
Total Supply APR	4.33%	4.45%
Total Borrow APR	11.23%	11.01%
Total Supply Incentives Per Day in USD	$81.62	$126.32
Total Borrow Incentives Per Day in USD	$99.75	$154.40

Metric	% Change
WELL Supply	54.78%
WELL Borrow	54.78%

cbBTC (MOONWELL_cbBTC)

Total Supply in USD: $79,291,310.22 Total Borrows in USD: $12,957,516.08

Metric	Current Value	New Value
Supply APY	0.15%	0.15%
Borrow APY	1.01%	1.01%
WELL Supply APR	0.33%	0.38%
WELL Borrow APR	1.26%	1.45%
Total Supply APR	0.48%	0.53%
Total Borrow APR	0.00%	0.00%
Total Supply Incentives Per Day in USD	$448.35	$516.05
Total Borrow Incentives Per Day in USD	$448.35	$516.05

Metric	% Change
WELL Supply	15.1%
WELL Borrow	15.1%

EURC (MOONWELL_EURC)

Total Supply in USD: $7,202,174.39 Total Borrows in USD: $4,949,415.65 Reserves to auction: $13,268.95

Metric	Current Value	New Value
Supply APY	2.74%	2.74%
Borrow APY	4.19%	4.19%
WELL Supply APR	0.25%	0.38%
WELL Borrow APR	0.37%	0.56%
Total Supply APR	2.99%	3.12%
Total Borrow APR	3.82%	3.63%
Total Supply Incentives Per Day in USD	$50.04	$75.40
Total Borrow Incentives Per Day in USD	$50.04	$75.40

Metric	% Change
WELL Supply	50.69%
WELL Borrow	50.69%

WELL (MOONWELL_WELL)

Total Supply in USD: $3,913,166.83 Total Borrows in USD: $389,322.80

Metric	Current Value	New Value
Supply APY	0.16%	0.16%
Borrow APY	2.19%	2.19%
WELL Supply APR	0.31%	0.34%
WELL Borrow APR	6.73%	7.46%
Total Supply APR	0.47%	0.50%
Total Borrow APR	0.00%	0.00%
Total Supply Incentives Per Day in USD	$58.72	$65.14
Total Borrow Incentives Per Day in USD	$71.77	$79.61

Metric	% Change
WELL Supply	10.93%
WELL Borrow	10.93%

tBTC (MOONWELL_TBTC)

Total Supply in USD: $1,365,231.27 Total Borrows in USD: $332,190.12

Metric	Current Value	New Value
Supply APY	0.33%	0.33%
Borrow APY	1.50%	1.50%
WELL Supply APR	0.37%	0.38%
WELL Borrow APR	1.52%	1.57%
Total Supply APR	0.70%	0.71%
Total Borrow APR	0.00%	0.00%
Total Supply Incentives Per Day in USD	$13.84	$14.29
Total Borrow Incentives Per Day in USD	$13.84	$14.29

Metric	% Change
WELL Supply	3.29%
WELL Borrow	3.29%

LBTC (MOONWELL_LBTC)

Total Supply in USD: $5,292,992.57 Total Borrows in USD: $1,316,434.57 Reserves to auction: $217.43

Metric	Current Value	New Value
Supply APY	0.34%	0.34%
Borrow APY	1.53%	1.53%
WELL Supply APR	0.34%	0.38%
WELL Borrow APR	1.35%	1.54%
Total Supply APR	0.68%	0.72%
Total Borrow APR	0.18%	0.00%
Total Supply Incentives Per Day in USD	$48.84	$55.41
Total Borrow Incentives Per Day in USD	$48.84	$55.41

Metric	% Change
WELL Supply	13.46%
WELL Borrow	13.46%

VIRTUAL (MOONWELL_VIRTUAL)

Total Supply in USD: $2,755,424.17 Total Borrows in USD: $906,444.61 Reserves to auction: $4,078.51

Metric	Current Value	New Value
Supply APY	1.74%	1.74%
Borrow APY	7.57%	7.57%
WELL Supply APR	0.33%	0.34%
WELL Borrow APR	3.44%	3.6%
Total Supply APR	2.07%	2.08%
Total Borrow APR	4.13%	3.97%
Total Supply Incentives Per Day in USD	$69.95	$73.07
Total Borrow Incentives Per Day in USD	$85.49	$89.31

Metric	% Change
WELL Supply	4.47%
WELL Borrow	4.47%

MORPHO (MOONWELL_MORPHO)

Total Supply in USD: $3,983,428.05 Total Borrows in USD: $730,028.92

Metric	Current Value	New Value
Supply APY	0.50%	0.50%
Borrow APY	4.22%	4.22%
WELL Supply APR	0.32%	0.34%
WELL Borrow APR	4.77%	5.17%
Total Supply APR	0.82%	0.84%
Total Borrow APR	0.00%	0.00%
Total Supply Incentives Per Day in USD	$77.98	$84.65
Total Borrow Incentives Per Day in USD	$95.31	$103.46

Metric	% Change
WELL Supply	8.55%
WELL Borrow	8.55%

cbXRP (MOONWELL_cbXRP)

Total Supply in USD: $640,011.02 Total Borrows in USD: $25,939.48

Metric	Current Value	New Value
Supply APY	0.03%	0.03%
Borrow APY	0.93%	0.93%
WELL Supply APR	0%	0.34%
WELL Borrow APR	0%	91.4%
Total Supply APR	0.03%	0.37%
Total Borrow APR	0.93%	0.00%
Total Supply Incentives Per Day in USD	$0.00	$53.14
Total Borrow Incentives Per Day in USD	$0.00	$64.95

Metric	% Change
WELL Supply	100%
WELL Borrow	100%

Optimism Network

If successful, the proposal would automatically distribute and adjust liquidity incentives for the period beginning 2025-07-11 at 03:30:00 UTC and ending on 2025-08-08 at 03:30:00 UTC.

Metric	Value
Timestamp of capture	1751563200
Closest block number	137982211
Total Supply in USD for incentivized markets	$61,355,138.96
Total Borrows in USD	$38,059,246.29
Safety Module APR	1.43%
Safety Module Boosted APR	6.86%
Total WELL acquired in auctions (USD)	$10,799.10

Total WELL to distribute DEX	101,104.637 WELL
Total WELL to distribute Safety Module	101,104.637 WELL
Total WELL to distribute Safety Module (Auctions)	385,893.929 WELL
Total WELL to distribute Markets (Config)	1,718,778.83 WELL
Total WELL to distribute Markets (Sanity Check)	1718778.8304 WELL
Total WELL to distribute Markets (Supply Side)	1718778.8304 WELL
Total WELL to distribute Markets (Borrow Side)	0.0000 WELL
Total WELL to distribute Markets (Borrow + Supply)	1718778.8304 WELL
Total WELL to distribute Markets (By Speed)	1718778.8304 WELL
Total WELL to distribute (Config + Auctions)	2407986.6707 WELL
Total WELL to distribute (Sanity Check)	2306882.0336 WELL

Total OP to distribute Markets (Config)	50000.0000 OP
Total OP to distribute Markets (Sanity Check)	50000.0000 OP
Total OP to distribute Markets (Supply Side)	50000.0000 OP
Total OP to distribute Markets (Borrow Side)	0.0000 OP
Total OP to distribute Markets (Borrow + Supply)	50000.0000 OP
Total OP to distribute Markets (By Speed)	50000.0000 OP

Total WELL allocated to USDC vault depositors	101,104.637 WELL
Total OP allocated to USDC vault depositors	10,000 OP

USDC (MOONWELL_USDC)

Total Supply in USD: $10,873,759.40 Total Borrows in USD: $9,407,511.45

Metric	Current Value	New Value
Supply APY	2.93%	2.93%
Borrow APY	3.76%	3.76%
WELL Supply APR	1.01%	1.02%
WELL Borrow APR	0%	0%
OP Supply APR	0.44%	0.61%
OP Borrow APR	0%	0%
Total Supply APR	4.38%	4.56%
Total Borrow APR	3.76%	3.76%
Total Supply Incentives Per Day in USD	$547.75	$619.35
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	1.62%
WELL Borrow	0%
OP Supply	39.53%
OP Borrow	0%

USDT (MOONWELL_USDT)

Total Supply in USD: $240,984.90 Total Borrows in USD: $181,773.41

Metric	Current Value	New Value
Supply APY	2.51%	2.51%
Borrow APY	3.70%	3.70%
WELL Supply APR	0%	0%
WELL Borrow APR	0%	0%
OP Supply APR	0%	0%
OP Borrow APR	0%	0%
Total Supply APR	2.51%	2.51%
Total Borrow APR	3.70%	3.70%
Total Supply Incentives Per Day in USD	$9.14	$0.00
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	-100%
WELL Borrow	0%
OP Supply	-100%
OP Borrow	0%

DAI (MOONWELL_DAI)

Total Supply in USD: $438,329.58 Total Borrows in USD: $396,766.93 Reserves to auction: $104.12

Metric	Current Value	New Value
Supply APY	7.39%	7.39%
Borrow APY	9.07%	9.07%
WELL Supply APR	0.64%	1.02%
WELL Borrow APR	0%	0%
OP Supply APR	0.28%	0.61%
OP Borrow APR	0%	0%
Total Supply APR	8.31%	9.02%
Total Borrow APR	9.07%	9.07%
Total Supply Incentives Per Day in USD	$11.08	$19.57
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	58.83%
WELL Borrow	0%
OP Supply	118.08%
OP Borrow	0%

ETH (MOONWELL_WETH)

Total Supply in USD: $28,391,702.15 Total Borrows in USD: $25,041,495.26

Metric	Current Value	New Value
Supply APY	0.98%	0.98%
Borrow APY	1.23%	1.23%
WELL Supply APR	1.1%	1.02%
WELL Borrow APR	0%	0%
OP Supply APR	0.47%	0.61%
OP Borrow APR	0%	0%
Total Supply APR	2.55%	2.61%
Total Borrow APR	1.23%	1.23%
Total Supply Incentives Per Day in USD	$1,436.11	$1,490.68
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	-6.71%
WELL Borrow	0%
OP Supply	28.08%
OP Borrow	0%

wstETH (MOONWELL_wstETH)

Total Supply in USD: $3,117,022.77 Total Borrows in USD: $153,359.54 Reserves to auction: $4,125.55

Metric	Current Value	New Value
Supply APY	0.01%	0.01%
Borrow APY	0.30%	0.30%
WELL Supply APR	0.94%	1.02%
WELL Borrow APR	0%	0%
OP Supply APR	0.41%	0.61%
OP Borrow APR	0%	0%
Total Supply APR	1.36%	1.64%
Total Borrow APR	0.30%	0.30%
Total Supply Incentives Per Day in USD	$115.22	$139.15
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	8.53%
WELL Borrow	0%
OP Supply	49.02%
OP Borrow	0%

rETH (MOONWELL_rETH)

Total Supply in USD: $319,674.07 Total Borrows in USD: $33,792.53 Reserves to auction: $2.84

Metric	Current Value	New Value
Supply APY	0.06%	0.06%
Borrow APY	0.64%	0.64%
WELL Supply APR	0.98%	1.02%
WELL Borrow APR	0%	0%
OP Supply APR	0.43%	0.61%
OP Borrow APR	0%	0%
Total Supply APR	1.47%	1.69%
Total Borrow APR	0.64%	0.64%
Total Supply Incentives Per Day in USD	$12.32	$14.27
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	4.07%
WELL Borrow	0%
OP Supply	42.89%
OP Borrow	0%

OP (MOONWELL_OP)

Total Supply in USD: $1,442,815.39 Total Borrows in USD: $81,417.31 Reserves to auction: $142.65

Metric	Current Value	New Value
Supply APY	0.11%	0.11%
Borrow APY	2.56%	2.56%
WELL Supply APR	0.99%	1.02%
WELL Borrow APR	0%	0%
OP Supply APR	0.43%	0.61%
OP Borrow APR	0%	0%
Total Supply APR	1.53%	1.74%
Total Borrow APR	2.56%	2.56%
Total Supply Incentives Per Day in USD	$56.20	$64.41
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	3%
WELL Borrow	0%
OP Supply	41.42%
OP Borrow	0%

weETH (MOONWELL_weETH)

Total Supply in USD: $3,311,607.11 Total Borrows in USD: $37,816.09 Reserves to auction: $11.32

Metric	Current Value	New Value
Supply APY	0.00%	0.00%
Borrow APY	0.17%	0.17%
WELL Supply APR	0.68%	1.02%
WELL Borrow APR	0%	0%
OP Supply APR	0.29%	0.61%
OP Borrow APR	0%	0%
Total Supply APR	0.97%	1.63%
Total Borrow APR	0.17%	0.17%
Total Supply Incentives Per Day in USD	$87.90	$147.84
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	51.15%
WELL Borrow	0%
OP Supply	107.53%
OP Borrow	0%

VELO (MOONWELL_VELO)

Total Supply in USD: $1,831,726.60 Total Borrows in USD: $162,183.89 Reserves to auction: $141.28

Metric	Current Value	New Value
Supply APY	0.19%	0.19%
Borrow APY	2.89%	2.89%
WELL Supply APR	1.05%	1.02%
WELL Borrow APR	0%	0%
OP Supply APR	0.46%	0.61%
OP Borrow APR	0%	0%
Total Supply APR	1.70%	1.82%
Total Borrow APR	2.89%	2.89%
Total Supply Incentives Per Day in USD	$75.77	$81.78
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	-3.01%
WELL Borrow	0%
OP Supply	33.17%
OP Borrow	0%

wrsETH (MOONWELL_wrsETH)

Total Supply in USD: $94,920.79 Total Borrows in USD: $11,598.38 Reserves to auction: $4.12

Metric	Current Value	New Value
Supply APY	0.19%	0.19%
Borrow APY	1.83%	1.83%
WELL Supply APR	1.01%	1.02%
WELL Borrow APR	0%	0%
OP Supply APR	0.44%	0.61%
OP Borrow APR	0%	0%
Total Supply APR	1.64%	1.82%
Total Borrow APR	1.83%	1.83%
Total Supply Incentives Per Day in USD	$3.78	$4.24
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	0.81%
WELL Borrow	0%
OP Supply	38.41%
OP Borrow	0%

USDT0 (MOONWELL_USDT0)

Total Supply in USD: $3,542,596.20 Total Borrows in USD: $2,551,531.50

Metric	Current Value	New Value
Supply APY	1.91%	1.91%
Borrow APY	2.95%	2.95%
WELL Supply APR	2.51%	1.02%
WELL Borrow APR	0%	0%
OP Supply APR	1.09%	0.61%
OP Borrow APR	0%	0%
Total Supply APR	5.51%	3.54%
Total Borrow APR	2.95%	2.95%
Total Supply Incentives Per Day in USD	$348.58	$158.15
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	-59.23%
WELL Borrow	0%
OP Supply	-44.02%
OP Borrow	0%

Moonbeam Network

If successful, the proposal would automatically distribute and adjust liquidity incentives for the period beginning 2025-07-11 at 03:30:00 UTC and ending on 2025-08-08 at 03:30:00 UTC.

Metric	Value
Timestamp of capture	1751563200
Closest block number	11570617
Total Supply in USD for incentivized markets	$7,986,875.31
Total Borrows in USD	$733,653.78
Safety Module APR	2.70%

Total LP (GLMR/WELL on StellaSwap)	$53,283.00

Total WELL to distribute DEX	8,868.796 WELL
Total WELL to distribute Safety Module	83,366.685 WELL
Total WELL to distribute Markets (Config)	85,140.444 WELL
Total WELL to distribute Markets (Sanity Check)	85140.4442 WELL
Total WELL to distribute Markets (Supply Side)	78641.9922 WELL
Total WELL to distribute Markets (Borrow Side)	6498.4520 WELL
Total WELL to distribute Markets (Borrow + Supply)	85140.4442 WELL
Total WELL to distribute Markets (By Speed)	85140.4442 WELL
Total WELL to distribute (Config)	177375.9255 WELL
Total WELL to distribute (Sanity Check)	177375.9255 WELL

Total GLMR to distribute Markets (Config)	187500.0000 GLMR
Total GLMR to distribute Markets (Sanity Check)	187500.0000 GLMR
Total GLMR to distribute Markets (Supply Side)	173188.8255 GLMR
Total GLMR to distribute Markets (Borrow Side)	14311.1745 GLMR
Total GLMR to distribute Markets (Borrow + Supply)	187500.0000 GLMR
Total GLMR to distribute Markets (By Speed)	187500.0000 GLMR

GLMR (mGLIMMER)

Total Supply in USD: $649,592.04 Total Borrows in USD: $413,832.88

Metric	Current Value	New Value
Supply APY	7.05%	7.05%
Borrow APY	22.12%	22.12%
WELL Supply APR	0.31%	0.19%
WELL Borrow APR	0.48%	0.31%
GLMR Supply APR	1.4%	0.99%
GLMR Borrow APR	2.2%	1.55%
Total Supply APR	8.76%	8.23%
Total Borrow APR	19.44%	20.26%
Total Supply Incentives Per Day in USD	$30.41	$21.00
Total Borrow Incentives Per Day in USD	$30.41	$21.00

Metric	% Change
WELL Supply	-36.37%
WELL Borrow	-36.37%
GLMR Supply	-29.76%
GLMR Borrow	-29.76%

DOT (mxcDOT)

Total Supply in USD: $1,767,658.61 Total Borrows in USD: $82,619.91

Metric	Current Value	New Value
Supply APY	0.10%	0.10%
Borrow APY	2.70%	2.70%
WELL Supply APR	0.41%	0.39%
WELL Borrow APR	0%	0%
GLMR Supply APR	1.86%	1.97%
GLMR Borrow APR	0%	0%
Total Supply APR	2.37%	2.46%
Total Borrow APR	2.70%	2.70%
Total Supply Incentives Per Day in USD	$420.75	$437.52
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	-4.18%
WELL Borrow	0%
GLMR Supply	5.77%
GLMR Borrow	0%

FRAX (mFRAX)

Total Supply in USD: $55,733.51 Total Borrows in USD: $454.69

Metric	Current Value	New Value
Supply APY	0.00%	0.00%
Borrow APY	0.11%	0.11%
WELL Supply APR	0.22%	0.19%
WELL Borrow APR	26.41%	23.83%
GLMR Supply APR	0.99%	0.99%
GLMR Borrow APR	121.25%	120.79%
Total Supply APR	1.21%	1.18%
Total Borrow APR	0.00%	0.00%
Total Supply Incentives Per Day in USD	$1.84	$1.80
Total Borrow Incentives Per Day in USD	$1.84	$1.80

Metric	% Change
WELL Supply	-9.75%
WELL Borrow	-9.75%
GLMR Supply	-0.38%
GLMR Borrow	-0.38%

USDC.wh (mUSDCwh)

Total Supply in USD: $65,501.71 Total Borrows in USD: $43,330.45

Metric	Current Value	New Value
Supply APY	8.16%	8.16%
Borrow APY	17.62%	17.62%
WELL Supply APR	0.28%	0.19%
WELL Borrow APR	0.43%	0.29%
GLMR Supply APR	1.3%	0.99%
GLMR Borrow APR	1.96%	1.49%
Total Supply APR	9.74%	9.34%
Total Borrow APR	15.23%	15.84%
Total Supply Incentives Per Day in USD	$2.84	$2.12
Total Borrow Incentives Per Day in USD	$2.84	$2.12

Metric	% Change
WELL Supply	-31.1%
WELL Borrow	-31.1%
GLMR Supply	-23.95%
GLMR Borrow	-23.95%

xcUSDT (mxcUSDT)

Total Supply in USD: $210,269.37 Total Borrows in USD: $92,785.51

Metric	Current Value	New Value
Supply APY	1.91%	1.91%
Borrow APY	6.18%	6.18%
WELL Supply APR	0.23%	0.19%
WELL Borrow APR	0.53%	0.44%
GLMR Supply APR	1.08%	0.99%
GLMR Borrow APR	2.44%	2.23%
Total Supply APR	3.22%	3.09%
Total Borrow APR	3.21%	3.51%
Total Supply Incentives Per Day in USD	$7.56	$6.80
Total Borrow Incentives Per Day in USD	$7.56	$6.80

Metric	% Change
WELL Supply	-17.19%
WELL Borrow	-17.19%
GLMR Supply	-8.6%
GLMR Borrow	-8.6%

xcUSDC (mxcUSDC)

Total Supply in USD: $238,120.07 Total Borrows in USD: $100,630.34

Metric	Current Value	New Value
Supply APY	1.75%	1.75%
Borrow APY	5.92%	5.92%
WELL Supply APR	0.26%	0.19%
WELL Borrow APR	0.62%	0.46%
GLMR Supply APR	1.2%	0.99%
GLMR Borrow APR	2.85%	2.33%
Total Supply APR	3.21%	2.93%
Total Borrow APR	2.45%	3.13%
Total Supply Incentives Per Day in USD	$9.57	$7.70
Total Borrow Incentives Per Day in USD	$9.57	$7.70

Metric	% Change
WELL Supply	-25.91%
WELL Borrow	-25.91%
GLMR Supply	-18.22%
GLMR Borrow	-18.22%

Connect Wallet to Add Note

Votes 274

Voter	Cast Power	Vote & Rationale
0xB540...6e78B4	15.65M	FOR
0xFFd1...EFd4a1	11.1M	FOR
0x7374...048503	10.455M	FOR
0x5027...087ff8	7M	FOR
0x5027...087ff8	5.5M	FOR

VOTE POWER

Connect Wallet

Proposal Status

Thu July 03 2025, 11:18 pmPublished Onchain 0x10b8...004bE5
Thu July 03 2025, 11:18 pmVoting Period Starts
Sun July 06 2025, 11:18 pmEnd Voting Period
Queue Proposal
Mon July 07 2025, 11:19 pmExecute Proposal

Current Results

1-FOR

146.088M

98.56%

2-ABSTAIN

2.098M

1.42%

3-AGAINST

36,026.07

0.02%

Quorum 148.221M/100M

Documentation Branding Contact Us