Moonwell

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

Base Network

Metric	Value
Total Supply in USD	$190,030,953.92
Total Borrows in USD	$114,634,508.96
Total LP (ETH/WELL on Aerodrome)	$7,756,332.00
Total WELL to distribute DEX	1154137.389803128316998482 WELL
Total WELL to distribute Safety Module	3462412.169409384950995445 WELL
Total WELL to distribute Markets (Config)	6924824.338818769901990891 WELL
Total WELL to distribute Markets (Sanity Check)	6924824.338818770833313465 WELL
Total WELL to distribute Markets (Supply Side)	3369760.512963758781552315 WELL
Total WELL to distribute Markets (Borrow Side)	3555063.825855012517422438 WELL
Total WELL to distribute Markets (Borrow + Supply)	6924824.338818771764636040 WELL
Total WELL to distribute Markets (By Speed)	6924824.338818771764636040 WELL
Total WELL to distribute (Config)	11541373.898031283169984818 WELL
Total WELL to distribute (Sanity Check)	11541373.898031283169984818 WELL

USDbC (MOONWELL_USDBC)

Total Supply in USD: $177,405.41 Total Borrows in USD: $123,931.86

Metric	Current Value	New Value
Supply APY	2.23%	2.23%
Borrow APY	3.98%	3.98%
WELL Supply APR	0%	0.42%
WELL Borrow APR	0%	0.6%
USDC Supply APR	0%	0%
USDC Borrow APR	0%	0.03%
Total Supply APR	2.23%	2.65%
Total Borrow APR	3.98%	4.61%
Total Supply Incentives Per Day in USD	$0.00	$2.05
Total Borrow Incentives Per Day in USD	$0.00	$2.14

Metric	% Change
WELL Supply	0%
WELL Borrow	133613245054221100%
USDC Supply	0%
USDC Borrow	99999999999900%

ETH (MOONWELL_WETH)

Total Supply in USD: $93,535,349.60 Total Borrows in USD: $74,562,731.24

Metric	Current Value	New Value
Supply APY	0.48%	0.48%
Borrow APY	0.80%	0.80%
WELL Supply APR	1.95%	0.42%
WELL Borrow APR	0%	0.53%
USDC Supply APR	0%	0%
USDC Borrow APR	0%	0%
Total Supply APR	2.43%	0.90%
Total Borrow APR	0.80%	1.33%
Total Supply Incentives Per Day in USD	$4,995.31	$1,080.51
Total Borrow Incentives Per Day in USD	$0.00	$1,080.60

Metric	% Change
WELL Supply	-78.37%
WELL Borrow	70446337172374830000%
USDC Supply	0%
USDC Borrow	99999999999900%

cbETH (MOONWELL_cbETH)

Total Supply in USD: $15,897,468.71 Total Borrows in USD: $1,453,805.23

Metric	Current Value	New Value
Supply APY	0.04%	0.04%
Borrow APY	0.56%	0.56%
WELL Supply APR	1.01%	0.38%
WELL Borrow APR	0%	5.07%
USDC Supply APR	0%	0%
USDC Borrow APR	0%	0%
Total Supply APR	1.05%	0.42%
Total Borrow APR	0.56%	5.63%
Total Supply Incentives Per Day in USD	$438.19	$165.28
Total Borrow Incentives Per Day in USD	$0.00	$202.10

Metric	% Change
WELL Supply	-62.28%
WELL Borrow	13170531680823855000%
USDC Supply	0%
USDC Borrow	99999999999900%

DAI (MOONWELL_DAI)

Total Supply in USD: $1,248,555.91 Total Borrows in USD: $519,366.00

Metric	Current Value	New Value
Supply APY	0.93%	0.93%
Borrow APY	2.79%	2.79%
WELL Supply APR	1.28%	0.42%
WELL Borrow APR	0%	1.01%
USDC Supply APR	0%	0%
USDC Borrow APR	0%	0.01%
Total Supply APR	2.21%	1.35%
Total Borrow APR	2.79%	3.81%
Total Supply Incentives Per Day in USD	$43.82	$14.42
Total Borrow Incentives Per Day in USD	$0.00	$14.51

Metric	% Change
WELL Supply	-67.08%
WELL Borrow	940352398363194800%
USDC Supply	0%
USDC Borrow	99999999999900%

USDC (MOONWELL_USDC)

Total Supply in USD: $44,218,728.10 Total Borrows in USD: $26,792,508.05

Metric	Current Value	New Value
Supply APY	1.90%	1.90%
Borrow APY	3.70%	3.70%
WELL Supply APR	1.95%	0.42%
WELL Borrow APR	0%	0.7%
USDC Supply APR	0%	0%
USDC Borrow APR	0%	0%
Total Supply APR	3.85%	2.32%
Total Borrow APR	3.70%	4.40%
Total Supply Incentives Per Day in USD	$2,366.20	$510.81
Total Borrow Incentives Per Day in USD	$0.00	$510.90

Metric	% Change
WELL Supply	-78.41%
WELL Borrow	33303424240801554000%
USDC Supply	0%
USDC Borrow	99999999999900%

wstETH (MOONWELL_wstETH)

Total Supply in USD: $15,924,424.38 Total Borrows in USD: $1,195,038.26

Metric	Current Value	New Value
Supply APY	0.02%	0.02%
Borrow APY	0.46%	0.46%
WELL Supply APR	0.8%	0.38%
WELL Borrow APR	0%	6.18%
USDC Supply APR	0%	0%
USDC Borrow APR	0%	0%
Total Supply APR	0.82%	0.40%
Total Borrow APR	0.46%	6.64%
Total Supply Incentives Per Day in USD	$350.55	$165.56
Total Borrow Incentives Per Day in USD	$0.00	$202.44

Metric	% Change
WELL Supply	-52.77%
WELL Borrow	13192863566454387000%
USDC Supply	0%
USDC Borrow	99999999999900%

rETH (MOONWELL_rETH)

Total Supply in USD: $3,654,881.93 Total Borrows in USD: $637,044.52

Metric	Current Value	New Value
Supply APY	0.13%	0.13%
Borrow APY	1.06%	1.06%
WELL Supply APR	1.31%	0.38%
WELL Borrow APR	0%	2.66%
USDC Supply APR	0%	0%
USDC Borrow APR	0%	0%
Total Supply APR	1.44%	0.51%
Total Borrow APR	1.06%	3.72%
Total Supply Incentives Per Day in USD	$131.46	$38.00
Total Borrow Incentives Per Day in USD	$0.00	$46.53

Metric	% Change
WELL Supply	-71.09%
WELL Borrow	3027949867201656300%
USDC Supply	0%
USDC Borrow	99999999999900%

AERO (MOONWELL_AERO)

Total Supply in USD: $15,374,139.88 Total Borrows in USD: $9,350,083.80

Metric	Current Value	New Value
Supply APY	32.26%	32.26%
Borrow APY	70.74%	70.74%
WELL Supply APR	1.04%	0.38%
WELL Borrow APR	0%	0.76%
USDC Supply APR	0%	0%
USDC Borrow APR	0%	0%
Total Supply APR	33.30%	32.64%
Total Borrow APR	70.74%	71.50%
Total Supply Incentives Per Day in USD	$438.19	$159.84
Total Borrow Incentives Per Day in USD	$0.00	$195.45

Metric	% Change
WELL Supply	-63.52%
WELL Borrow	12736970895023008000%
USDC Supply	0%
USDC Borrow	99999999999900%