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executedEnded 7 months ago · Onchain

MIP-X28 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 2025-08-08 at 03:30:00 UTC and ending on 2025-09-05 at 03:30:00 UTC.

Metric	Value
Timestamp of capture	1754595800
Closest block number	33903226
Total Supply in USD for incentivized markets	$382,040,824.36
Total Borrows in USD	$176,810,691.95
Safety Module APR	4.02%
Safety Module Boosted APR	14.47%
Total WELL acquired in auctions (USD)	$241,779.97

Total LP (ETH/WELL on Aerodrome)	$12,669,760.00

Total WELL to distribute DEX	600,191.939 WELL
Total WELL to distribute Safety Module	3,240,542.086 WELL
Total WELL to distribute Safety Module (Auctions)	8,428,495.118 WELL
Total WELL to distribute Markets (Config)	7,561,264.867 WELL
Total WELL to distribute Markets (Sanity Check)	7561264.8668 WELL
Total WELL to distribute Markets (Supply Side)	5170416.7064 WELL
Total WELL to distribute Markets (Borrow Side)	2390848.1604 WELL
Total WELL to distribute Markets (Borrow + Supply)	7561264.8668 WELL
Total WELL to distribute Markets (By Speed)	7561264.8668 WELL
Total WELL to distribute (Config + Auctions)	19230302.0705 WELL
Total WELL to distribute (Sanity Check)	19230302.0705 WELL

ETH (MOONWELL_WETH)

Total Supply in USD: $89,111,260.30 Total Borrows in USD: $80,229,618.30

Metric	Current Value	New Value
Supply APY	1.24%	1.24%
Borrow APY	1.52%	1.52%
WELL Supply APR	0.33%	0.37%
WELL Borrow APR	0.45%	0.5%
Total Supply APR	1.57%	1.61%
Total Borrow APR	1.07%	1.02%
Total Supply Incentives Per Day in USD	$992.27	$1,106.21
Total Borrow Incentives Per Day in USD	$992.27	$1,106.21

Metric	% Change
WELL Supply	11.48%
WELL Borrow	11.48%

USDC (MOONWELL_USDC)

Total Supply in USD: $71,357,887.59 Total Borrows in USD: $65,219,395.07

Metric	Current Value	New Value
Supply APY	13.97%	13.97%
Borrow APY	16.99%	16.99%
WELL Supply APR	0.89%	0.74%
WELL Borrow APR	0%	0%
Total Supply APR	14.86%	14.71%
Total Borrow APR	16.99%	16.99%
Total Supply Incentives Per Day in USD	$3,579.90	$2,967.65
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	-17.1%
WELL Borrow	0%

AERO (MOONWELL_AERO)

Total Supply in USD: $22,830,757.71 Total Borrows in USD: $7,129,591.64

Metric	Current Value	New Value
Supply APY	1.57%	1.57%
Borrow APY	7.18%	7.18%
WELL Supply APR	0.27%	0.33%
WELL Borrow APR	0.81%	1.02%
Total Supply APR	1.84%	1.90%
Total Borrow APR	6.37%	6.16%
Total Supply Incentives Per Day in USD	$129.90	$162.70
Total Borrow Incentives Per Day in USD	$158.77	$198.85

Metric	% Change
WELL Supply	25.25%
WELL Borrow	25.25%

cbBTC (MOONWELL_cbBTC)

Total Supply in USD: $87,102,882.05 Total Borrows in USD: $15,673,042.81

Metric	Current Value	New Value
Supply APY	0.18%	0.18%
Borrow APY	1.11%	1.11%
WELL Supply APR	0.34%	0.37%
WELL Borrow APR	1.23%	1.35%
Total Supply APR	0.52%	0.55%
Total Borrow APR	0.00%	0.00%
Total Supply Incentives Per Day in USD	$529.80	$578.93
Total Borrow Incentives Per Day in USD	$529.80	$578.93

Metric	% Change
WELL Supply	9.27%
WELL Borrow	9.27%

EURC (MOONWELL_EURC)

Total Supply in USD: $3,955,615.87 Total Borrows in USD: $3,363,671.40

Metric	Current Value	New Value
Supply APY	4.19%	4.19%
Borrow APY	5.19%	5.19%
WELL Supply APR	0.72%	0.37%
WELL Borrow APR	0.84%	0.44%
Total Supply APR	4.91%	4.56%
Total Borrow APR	4.35%	4.75%
Total Supply Incentives Per Day in USD	$77.76	$40.10
Total Borrow Incentives Per Day in USD	$77.76	$40.10

Metric	% Change
WELL Supply	-48.43%
WELL Borrow	-48.43%

WELL (MOONWELL_WELL)

Total Supply in USD: $4,860,759.33 Total Borrows in USD: $963,791.22

Metric	Current Value	New Value
Supply APY	0.65%	0.65%
Borrow APY	4.36%	4.36%
WELL Supply APR	0.31%	0.33%
WELL Borrow APR	3.1%	3.32%
Total Supply APR	0.96%	0.98%
Total Borrow APR	1.26%	1.04%
Total Supply Incentives Per Day in USD	$67.00	$71.73
Total Borrow Incentives Per Day in USD	$81.89	$87.66

Metric	% Change
WELL Supply	7.06%
WELL Borrow	7.06%

tBTC (MOONWELL_TBTC)

Total Supply in USD: $982,616.33 Total Borrows in USD: $381,142.72

Metric	Current Value	New Value
Supply APY	0.83%	0.83%
Borrow APY	2.39%	2.39%
WELL Supply APR	0.54%	0.37%
WELL Borrow APR	1.4%	0.95%
Total Supply APR	1.37%	1.20%
Total Borrow APR	0.99%	1.44%
Total Supply Incentives Per Day in USD	$14.58	$9.96
Total Borrow Incentives Per Day in USD	$14.58	$9.96

Metric	% Change
WELL Supply	-31.69%
WELL Borrow	-31.69%

LBTC (MOONWELL_LBTC)

Total Supply in USD: $5,357,797.42 Total Borrows in USD: $1,342,335.04

Metric	Current Value	New Value
Supply APY	0.35%	0.35%
Borrow APY	1.54%	1.54%
WELL Supply APR	0.39%	0.37%
WELL Borrow APR	1.55%	1.48%
Total Supply APR	0.74%	0.72%
Total Borrow APR	0.00%	0.06%
Total Supply Incentives Per Day in USD	$56.99	$54.32
Total Borrow Incentives Per Day in USD	$56.99	$54.32

Metric	% Change
WELL Supply	-4.69%
WELL Borrow	-4.69%

VIRTUAL (MOONWELL_VIRTUAL)

Total Supply in USD: $2,648,075.56 Total Borrows in USD: $643,515.29

Metric	Current Value	New Value
Supply APY	0.95%	0.95%
Borrow APY	5.59%	5.59%
WELL Supply APR	0.36%	0.33%
WELL Borrow APR	5.2%	4.84%
Total Supply APR	1.31%	1.28%
Total Borrow APR	0.39%	0.75%
Total Supply Incentives Per Day in USD	$75.02	$69.78
Total Borrow Incentives Per Day in USD	$91.69	$85.29

Metric	% Change
WELL Supply	-6.98%
WELL Borrow	-6.98%

MORPHO (MOONWELL_MORPHO)

Total Supply in USD: $11,688,522.57 Total Borrows in USD: $1,229,512.19

Metric	Current Value	New Value
Supply APY	0.17%	0.17%
Borrow APY	2.42%	2.42%
WELL Supply APR	0.19%	0.33%
WELL Borrow APR	3.15%	5.53%
Total Supply APR	0.36%	0.50%
Total Borrow APR	0.00%	0.00%
Total Supply Incentives Per Day in USD	$86.69	$152.27
Total Borrow Incentives Per Day in USD	$105.96	$186.11

Metric	% Change
WELL Supply	75.65%
WELL Borrow	75.65%

cbXRP (MOONWELL_cbXRP)

Total Supply in USD: $4,144,649.63 Total Borrows in USD: $635,076.27

Metric	Current Value	New Value
Supply APY	0.38%	0.38%
Borrow APY	3.52%	3.52%
WELL Supply APR	0.22%	0.33%
WELL Borrow APR	3.81%	5.86%
Total Supply APR	0.60%	0.71%
Total Borrow APR	0.00%	0.00%
Total Supply Incentives Per Day in USD	$54.30	$83.44
Total Borrow Incentives Per Day in USD	$66.36	$101.98

Metric	% Change
WELL Supply	53.67%
WELL Borrow	53.67%

Optimism Network

If successful, the proposal would automatically distribute and adjust liquidity incentives for the period beginning 2025-08-08 at 03:30:00 UTC and ending on 2025-09-05 at 03:30:00 UTC.

Metric	Value
Timestamp of capture	1754595800
Closest block number	139498511
Total Supply in USD for incentivized markets	$69,075,840.11
Total Borrows in USD	$43,158,977.49
Safety Module APR	3.19%
Safety Module Boosted APR	18.51%
Total WELL acquired in auctions (USD)	$14,955.49

Total WELL to distribute DEX	108,466.99 WELL
Total WELL to distribute Safety Module	108,466.99 WELL
Total WELL to distribute Safety Module (Auctions)	521,351.162 WELL
Total WELL to distribute Markets (Config)	1,843,938.825 WELL
Total WELL to distribute Markets (Sanity Check)	1843938.8245 WELL
Total WELL to distribute Markets (Supply Side)	1843938.8245 WELL
Total WELL to distribute Markets (Borrow Side)	0.0000 WELL
Total WELL to distribute Markets (Borrow + Supply)	1843938.8245 WELL
Total WELL to distribute Markets (By Speed)	1843938.8245 WELL
Total WELL to distribute (Config + Auctions)	2690690.9557 WELL
Total WELL to distribute (Sanity Check)	2582223.9661 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	108,466.99 WELL
Total OP allocated to USDC vault depositors	10,000 OP

USDC (MOONWELL_USDC)

Total Supply in USD: $12,279,771.37 Total Borrows in USD: $10,926,178.71

Metric	Current Value	New Value
Supply APY	3.10%	3.10%
Borrow APY	3.87%	3.87%
WELL Supply APR	0.95%	1%
WELL Borrow APR	0%	0%
OP Supply APR	0.68%	0.67%
OP Borrow APR	0%	0%
Total Supply APR	4.73%	4.77%
Total Borrow APR	3.87%	3.87%
Total Supply Incentives Per Day in USD	$679.58	$697.27
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	5.43%
WELL Borrow	0%
OP Supply	-1.36%
OP Borrow	0%

USDT (MOONWELL_USDT)

Total Supply in USD: $567,228.99 Total Borrows in USD: $521,405.23

Metric	Current Value	New Value
Supply APY	17.95%	17.95%
Borrow APY	21.70%	21.70%
WELL Supply APR	0.44%	1%
WELL Borrow APR	0%	0%
OP Supply APR	0.32%	0.67%
OP Borrow APR	0%	0%
Total Supply APR	18.71%	19.62%
Total Borrow APR	21.70%	21.70%
Total Supply Incentives Per Day in USD	$11.80	$25.88
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	125.41%
WELL Borrow	0%
OP Supply	110.89%
OP Borrow	0%

DAI (MOONWELL_DAI)

Total Supply in USD: $533,083.21 Total Borrows in USD: $486,342.23

Metric	Current Value	New Value
Supply APY	13.09%	13.09%
Borrow APY	15.95%	15.95%
WELL Supply APR	0.9%	1%
WELL Borrow APR	0%	0%
OP Supply APR	0.64%	0.67%
OP Borrow APR	0%	0%
Total Supply APR	14.63%	14.76%
Total Borrow APR	15.95%	15.95%
Total Supply Incentives Per Day in USD	$22.52	$24.33
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	11%
WELL Borrow	0%
OP Supply	3.85%
OP Borrow	0%

ETH (MOONWELL_WETH)

Total Supply in USD: $32,364,065.01 Total Borrows in USD: $29,106,541.78

Metric	Current Value	New Value
Supply APY	1.02%	1.02%
Borrow APY	1.26%	1.26%
WELL Supply APR	0.94%	1%
WELL Borrow APR	0%	0%
OP Supply APR	0.67%	0.67%
OP Borrow APR	0%	0%
Total Supply APR	2.63%	2.69%
Total Borrow APR	1.26%	1.26%
Total Supply Incentives Per Day in USD	$1,644.40	$1,705.06
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	6.55%
WELL Borrow	0%
OP Supply	-0.31%
OP Borrow	0%

wstETH (MOONWELL_wstETH)

Total Supply in USD: $4,231,212.49 Total Borrows in USD: $251,591.52

Metric	Current Value	New Value
Supply APY	0.02%	0.02%
Borrow APY	0.36%	0.36%
WELL Supply APR	0.77%	1%
WELL Borrow APR	0%	0%
OP Supply APR	0.55%	0.67%
OP Borrow APR	0%	0%
Total Supply APR	1.34%	1.69%
Total Borrow APR	0.36%	0.36%
Total Supply Incentives Per Day in USD	$153.75	$193.09
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	29.05%
WELL Borrow	0%
OP Supply	20.74%
OP Borrow	0%

rETH (MOONWELL_rETH)

Total Supply in USD: $528,924.01 Total Borrows in USD: $28,497.06 Reserves to auction: $2.89

Metric	Current Value	New Value
Supply APY	0.02%	0.02%
Borrow APY	0.33%	0.33%
WELL Supply APR	0.63%	1%
WELL Borrow APR	0%	0%
OP Supply APR	0.45%	0.67%
OP Borrow APR	0%	0%
Total Supply APR	1.10%	1.69%
Total Borrow APR	0.33%	0.33%
Total Supply Incentives Per Day in USD	$15.76	$24.14
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	57.41%
WELL Borrow	0%
OP Supply	47.28%
OP Borrow	0%

OP (MOONWELL_OP)

Total Supply in USD: $1,732,876.29 Total Borrows in USD: $86,035.09

Metric	Current Value	New Value
Supply APY	0.09%	0.09%
Borrow APY	2.50%	2.50%
WELL Supply APR	0.87%	1%
WELL Borrow APR	0%	0%
OP Supply APR	0.62%	0.67%
OP Borrow APR	0%	0%
Total Supply APR	1.58%	1.76%
Total Borrow APR	2.50%	2.50%
Total Supply Incentives Per Day in USD	$71.12	$79.08
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	14.24%
WELL Borrow	0%
OP Supply	6.89%
OP Borrow	0%

weETH (MOONWELL_weETH)

Total Supply in USD: $4,964,431.10 Total Borrows in USD: $91,997.09

Metric	Current Value	New Value
Supply APY	0.00%	0.00%
Borrow APY	0.28%	0.28%
WELL Supply APR	0.7%	1%
WELL Borrow APR	0%	0%
OP Supply APR	0.5%	0.67%
OP Borrow APR	0%	0%
Total Supply APR	1.20%	1.67%
Total Borrow APR	0.28%	0.28%
Total Supply Incentives Per Day in USD	$163.25	$226.55
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	42.6%
WELL Borrow	0%
OP Supply	33.41%
OP Borrow	0%

VELO (MOONWELL_VELO)

Total Supply in USD: $2,056,623.15 Total Borrows in USD: $144,567.41

Metric	Current Value	New Value
Supply APY	0.14%	0.14%
Borrow APY	2.70%	2.70%
WELL Supply APR	0.94%	1%
WELL Borrow APR	0%	0%
OP Supply APR	0.67%	0.67%
OP Borrow APR	0%	0%
Total Supply APR	1.75%	1.81%
Total Borrow APR	2.70%	2.70%
Total Supply Incentives Per Day in USD	$90.64	$93.86
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	6.4%
WELL Borrow	0%
OP Supply	-0.45%
OP Borrow	0%

wrsETH (MOONWELL_wrsETH)

Total Supply in USD: $144,243.73 Total Borrows in USD: $14,800.69

Metric	Current Value	New Value
Supply APY	0.13%	0.13%
Borrow APY	1.54%	1.54%
WELL Supply APR	0.69%	1%
WELL Borrow APR	0%	0%
OP Supply APR	0.49%	0.67%
OP Borrow APR	0%	0%
Total Supply APR	1.31%	1.80%
Total Borrow APR	1.54%	1.54%
Total Supply Incentives Per Day in USD	$4.68	$6.58
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	44.57%
WELL Borrow	0%
OP Supply	35.27%
OP Borrow	0%

USDT0 (MOONWELL_USDT0)

Total Supply in USD: $1,673,380.76 Total Borrows in USD: $1,501,020.68

Metric	Current Value	New Value
Supply APY	2.97%	2.97%
Borrow APY	3.68%	3.68%
WELL Supply APR	2.2%	1%
WELL Borrow APR	0%	0%
OP Supply APR	1.57%	0.67%
OP Borrow APR	0%	0%
Total Supply APR	6.74%	4.64%
Total Borrow APR	3.68%	3.68%
Total Supply Incentives Per Day in USD	$173.05	$76.36
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	-54.66%
WELL Borrow	0%
OP Supply	-57.58%
OP Borrow	0%

Moonbeam Network

If successful, the proposal would automatically distribute and adjust liquidity incentives for the period beginning 2025-08-08 at 03:30:00 UTC and ending on 2025-09-05 at 03:30:00 UTC.

Metric	Value
Timestamp of capture	1754595800
Closest block number	12067760
Total Supply in USD for incentivized markets	$7,932,904.77
Total Borrows in USD	$774,442.34
Safety Module APR	2.63%

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

Total WELL to distribute DEX	8,415.033 WELL
Total WELL to distribute Safety Module	79,101.313 WELL
Total WELL to distribute Markets (Config)	80,784.32 WELL
Total WELL to distribute Markets (Sanity Check)	80784.3198 WELL
Total WELL to distribute Markets (Supply Side)	75346.4086 WELL
Total WELL to distribute Markets (Borrow Side)	5437.9112 WELL
Total WELL to distribute Markets (Borrow + Supply)	80784.3198 WELL
Total WELL to distribute Markets (By Speed)	80784.3198 WELL
Total WELL to distribute (Config)	168300.6663 WELL
Total WELL to distribute (Sanity Check)	168300.6663 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)	174878.6354 GLMR
Total GLMR to distribute Markets (Borrow Side)	12621.3646 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: $666,965.54 Total Borrows in USD: $463,726.32

Metric	Current Value	New Value
Supply APY	13.76%	13.76%
Borrow APY	39.58%	39.58%
WELL Supply APR	0.19%	0.19%
WELL Borrow APR	0.28%	0.27%
GLMR Supply APR	1.05%	1.08%
GLMR Borrow APR	1.51%	1.55%
Total Supply APR	15.00%	15.03%
Total Borrow APR	37.79%	37.76%
Total Supply Incentives Per Day in USD	$22.68	$23.14
Total Borrow Incentives Per Day in USD	$22.68	$23.14

Metric	% Change
WELL Supply	-2.35%
WELL Borrow	-2.35%
GLMR Supply	2.81%
GLMR Borrow	2.81%

DOT (mxcDOT)

Total Supply in USD: $1,864,914.55 Total Borrows in USD: $87,921.40

Metric	Current Value	New Value
Supply APY	0.10%	0.10%
Borrow APY	2.71%	2.71%
WELL Supply APR	0.39%	0.38%
WELL Borrow APR	0%	0%
GLMR Supply APR	2.11%	2.15%
GLMR Borrow APR	0%	0%
Total Supply APR	2.60%	2.63%
Total Borrow APR	2.71%	2.71%
Total Supply Incentives Per Day in USD	$469.96	$476.34
Total Borrow Incentives Per Day in USD	$0.00	$0.00

Metric	% Change
WELL Supply	-2.96%
WELL Borrow	0%
GLMR Supply	2.16%
GLMR Borrow	0%

FRAX (mFRAX)

Total Supply in USD: $40,150.90 Total Borrows in USD: $449.17

Metric	Current Value	New Value
Supply APY	0.00%	0.00%
Borrow APY	0.16%	0.16%
WELL Supply APR	0.28%	0.19%
WELL Borrow APR	24.65%	17.02%
GLMR Supply APR	1.48%	1.08%
GLMR Borrow APR	132.28%	96.17%
Total Supply APR	1.76%	1.27%
Total Borrow APR	0.00%	0.00%
Total Supply Incentives Per Day in USD	$1.93	$1.39
Total Borrow Incentives Per Day in USD	$1.93	$1.39

Metric	% Change
WELL Supply	-30.95%
WELL Borrow	-30.95%
GLMR Supply	-27.3%
GLMR Borrow	-27.3%

USDC.wh (mUSDCwh)

Total Supply in USD: $61,138.81 Total Borrows in USD: $41,597.33

Metric	Current Value	New Value
Supply APY	15.04%	15.04%
Borrow APY	31.58%	31.58%
WELL Supply APR	0.21%	0.19%
WELL Borrow APR	0.31%	0.28%
GLMR Supply APR	1.14%	1.08%
GLMR Borrow APR	1.68%	1.58%
Total Supply APR	16.39%	16.31%
Total Borrow APR	29.59%	29.72%
Total Supply Incentives Per Day in USD	$2.27	$2.12
Total Borrow Incentives Per Day in USD	$2.27	$2.12

Metric	% Change
WELL Supply	-10.53%
WELL Borrow	-10.53%
GLMR Supply	-5.81%
GLMR Borrow	-5.81%

xcUSDT (mxcUSDT)

Total Supply in USD: $150,537.26 Total Borrows in USD: $82,732.79

Metric	Current Value	New Value
Supply APY	2.96%	2.96%
Borrow APY	7.69%	7.69%
WELL Supply APR	0.28%	0.19%
WELL Borrow APR	0.5%	0.35%
GLMR Supply APR	1.49%	1.08%
GLMR Borrow APR	2.71%	1.96%
Total Supply APR	4.73%	4.23%
Total Borrow APR	4.48%	5.38%
Total Supply Incentives Per Day in USD	$7.28	$5.23
Total Borrow Incentives Per Day in USD	$7.28	$5.23

Metric	% Change
WELL Supply	-31.38%
WELL Borrow	-31.38%
GLMR Supply	-27.75%
GLMR Borrow	-27.75%

xcUSDC (mxcUSDC)

Total Supply in USD: $149,197.71 Total Borrows in USD: $98,015.33

Metric	Current Value	New Value
Supply APY	6.55%	6.55%
Borrow APY	14.24%	14.24%
WELL Supply APR	0.32%	0.19%
WELL Borrow APR	0.48%	0.29%
GLMR Supply APR	1.7%	1.08%
GLMR Borrow APR	2.59%	1.64%
Total Supply APR	8.57%	7.82%
Total Borrow APR	11.17%	12.31%
Total Supply Incentives Per Day in USD	$8.26	$5.18
Total Borrow Incentives Per Day in USD	$8.26	$5.18

Metric	% Change
WELL Supply	-39.94%
WELL Borrow	-39.94%
GLMR Supply	-36.77%
GLMR Borrow	-36.77%

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Votes 691

Voter	Cast Power	Vote & Rationale
0xB523...7Fe3fA	101.14M	ABSTAIN
0x5c85...B086b7	30M	FOR
0xB540...6e78B4	16.297M	FOR
0xBB2b...2F26fD	15.057M	FOR
0xFFd1...EFd4a1	12.9M	FOR

VOTE POWER

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Proposal Status

Thu August 07 2025, 09:51 pmPublished Onchain 0x10b8...004bE5
Thu August 07 2025, 09:51 pmVoting Period Starts
Sun August 10 2025, 09:51 pmEnd Voting Period
Queue Proposal
Mon August 11 2025, 09:52 pmExecute Proposal

Current Results

1-FOR

361.274M

75.93%

2-ABSTAIN

107.984M

22.69%

3-AGAINST

6.557M

1.38%

Quorum 475.814M/100M

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