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executedEnded 2 years ago ยท  Onchain

MIP-M35 Automated Liquidity Incentive Proposal

By 0x0F23...Dd2287

This is an automated liquidity incentive governance proposal for the Moonwell protocol on the Moonbeam network. If successful, the proposal would automatically distribute and adjust liquidity incentives for the period beginning 2024-08-09 at 03:30:00 UTC and ending on 2024-09-06 at 03:30:00 UTC.

Moonbeam Network

MetricValue
Total Supply in USD$52,251,067.85
Total Borrows in USD$3,818,852.85
Total LP (GLMR/WELL on StellaSwap)$220,416.00
Total WELL to distribute DEX106202.375773511579609476 WELL
Total WELL to distribute Safety Module998302.332271008752286434 WELL
Total WELL to distribute Markets (Config)1019542.807425711071118712 WELL
Total WELL to distribute Markets (Sanity Check)1019542.807425711071118712 WELL
Total WELL to distribute Markets (Supply Side)670239.586106964386999607 WELL
Total WELL to distribute Markets (Borrow Side)349303.221318746509496123 WELL
Total WELL to distribute Markets (Borrow + Supply)1019542.807425710838288069 WELL
Total WELL to distribute Markets (By Speed)1019542.807425710838288069 WELL
Total WELL to distribute (Config)2124047.515470231417566538 WELL
Total WELL to distribute (Sanity Check)2124047.515470231417566538 WELL

GLMR (mGLIMMER)

Total Supply in USD: $14,528,704.62 Total Borrows in USD: $1,414,965.87

MetricCurrent ValueNew Value
Supply APY1.36%1.36%
Borrow APY6.69%6.69%
WELL Supply APR2.98%0.23%
WELL Borrow APR0%2.32%
GLMR Supply APR0.87%0.45%
GLMR Borrow APR0%4.6%
Total Supply APR5.21%2.04%
Total Borrow APR6.69%13.61%
Total Supply Incentives Per Day in USD$1,531.67$268.31
Total Borrow Incentives Per Day in USD$0.00$268.31
Metric% Change
WELL Supply-92.42%
WELL Borrow5859160830128412000%
GLMR Supply-48.51%
GLMR Borrow1077534604381117200%

DOT (mxcDOT)

Total Supply in USD: $16,291,458.14 Total Borrows in USD: $637,980.32

MetricCurrent ValueNew Value
Supply APY0.23%0.23%
Borrow APY3.52%3.52%
WELL Supply APR3.25%0.23%
WELL Borrow APR0%5.77%
GLMR Supply APR0.95%0.45%
GLMR Borrow APR0%11.45%
Total Supply APR4.43%0.91%
Total Borrow APR3.52%20.74%
Total Supply Incentives Per Day in USD$1,872.03$300.87
Total Borrow Incentives Per Day in USD$0.00$300.87
Metric% Change
WELL Supply-93.04%
WELL Borrow6570047085933505000%
GLMR Supply-52.76%
GLMR Borrow1208270824569858000%

FRAX (mFRAX)

Total Supply in USD: $1,221,905.67 Total Borrows in USD: $60,803.33

MetricCurrent ValueNew Value
Supply APY0.02%0.02%
Borrow APY0.40%0.40%
WELL Supply APR4.59%0.23%
WELL Borrow APR0%4.54%
GLMR Supply APR1.34%0.45%
GLMR Borrow APR0%9.01%
Total Supply APR5.95%0.70%
Total Borrow APR0.40%13.95%
Total Supply Incentives Per Day in USD$198.55$22.57
Total Borrow Incentives Per Day in USD$0.00$22.57
Metric% Change
WELL Supply-95.08%
WELL Borrow492772207783758700%
GLMR Supply-66.59%
GLMR Borrow90623746532768350%

ETH.wh (mETHwh)

Total Supply in USD: $1,145,157.67 Total Borrows in USD: $59,261.76

MetricCurrent ValueNew Value
Supply APY0.10%0.10%
Borrow APY2.97%2.97%
WELL Supply APR4.2%0.23%
WELL Borrow APR0%4.36%
GLMR Supply APR1.23%0.45%
GLMR Borrow APR0%8.66%
Total Supply APR5.53%0.78%
Total Borrow APR2.97%15.99%
Total Supply Incentives Per Day in USD$170.19$21.15
Total Borrow Incentives Per Day in USD$0.00$21.15
Metric% Change
WELL Supply-94.62%
WELL Borrow461821142685300300%
GLMR Supply-63.47%
GLMR Borrow84931661155192060%

WBTC.wh (MOONWELL_mWBTC)

Total Supply in USD: $16,447,830.98 Total Borrows in USD: $27,542.21

MetricCurrent ValueNew Value
Supply APY0.00%0.00%
Borrow APY2.03%2.03%
WELL Supply APR2.34%0.45%
WELL Borrow APR0%0%
GLMR Supply APR0.68%0.9%
GLMR Borrow APR0%0%
Total Supply APR3.02%1.35%
Total Borrow APR2.03%2.03%
Total Supply Incentives Per Day in USD$1,361.48$607.51
Total Borrow Incentives Per Day in USD$0.00$0.00
Metric% Change
WELL Supply-80.68%
WELL Borrow0%
GLMR Supply31.16%
GLMR Borrow0%

USDC.wh (mUSDCwh)

Total Supply in USD: $1,135,247.72 Total Borrows in USD: $783,465.83

MetricCurrent ValueNew Value
Supply APY3.67%3.67%
Borrow APY7.59%7.59%
WELL Supply APR4.23%0.23%
WELL Borrow APR0%0.33%
GLMR Supply APR1.24%0.45%
GLMR Borrow APR0%0.65%
Total Supply APR9.14%4.35%
Total Borrow APR7.59%8.57%
Total Supply Incentives Per Day in USD$170.19$20.96
Total Borrow Incentives Per Day in USD$0.00$20.96
Metric% Change
WELL Supply-94.67%
WELL Borrow457824640854829300%
GLMR Supply-63.79%
GLMR Borrow84196680644559680%

xcUSDT (mxcUSDT)

Total Supply in USD: $959,965.69 Total Borrows in USD: $577,132.54

MetricCurrent ValueNew Value
Supply APY3.54%3.54%
Borrow APY8.42%8.42%
WELL Supply APR6.68%0.23%
WELL Borrow APR0%0.38%
GLMR Supply APR1.95%0.45%
GLMR Borrow APR0%0.75%
Total Supply APR12.17%4.22%
Total Borrow APR8.42%9.55%
Total Supply Incentives Per Day in USD$226.91$17.73
Total Borrow Incentives Per Day in USD$0.00$17.73
Metric% Change
WELL Supply-96.62%
WELL Borrow387136606035635460%
GLMR Supply-77.03%
GLMR Borrow71196729654699360%

xcUSDC (mxcUSDC)

Total Supply in USD: $520,797.36 Total Borrows in USD: $257,700.99

MetricCurrent ValueNew Value
Supply APY2.40%2.40%
Borrow APY6.93%6.93%
WELL Supply APR7.69%0.23%
WELL Borrow APR0%0.46%
GLMR Supply APR2.25%0.45%
GLMR Borrow APR0%0.91%
Total Supply APR12.34%3.08%
Total Borrow APR6.93%8.30%
Total Supply Incentives Per Day in USD$141.82$9.62
Total Borrow Incentives Per Day in USD$0.00$9.62
Metric% Change
WELL Supply-97.06%
WELL Borrow210028050349495870%
GLMR Supply-80.07%
GLMR Borrow38625410481746570%
Continue Reading
Connect Wallet to Add Note
0
Votes 220
VoterCast PowerVote & Rationale
0xb6cb...82E698
29.028M

FOR

0x0F23...Dd2287
26.635M

ABSTAIN

0x80f3...f04e06
20.181M

FOR

0x7a4f...eE968f
12.41M

FOR

0x4319...f8D250
5.69M

FOR

SHOW MORE
VOTE POWER
0
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Proposal Status
  • Wed July 31 2024, 08:22 pmPublished Onchain 0x0F23...Dd2287
  • Wed July 31 2024, 08:22 pmVoting Period Starts
  • Sat August 03 2024, 08:22 pmEnd Voting Period
  • Queue Proposal
  • Sun August 04 2024, 08:24 pmExecute Proposal
Current Results

1-FOR

92.039M

77.53%

2-ABSTAIN

26.635M

22.44%

3-AGAINST

46,415.883

0.04%
Quorum 118.72M/100M
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