Moonwell (WELL) - MIP-X36 Vote - 07 Nov to 10 Nov 2025
MIP-X36 is a vote about stopping minting and borrowing in wrsETH markets on Base and Optimism networks. This is a big change for people using these markets. If passed, the affected markets will move to a different management style. Users may need to change their activities, which could cause some short-term price volatility for WELL. If the transition goes well and makes the protocol safer or more efficient, WELL could become stronger later. Any trouble with the change, however, might bring negative price pressure. sourceMIP-X36 has been submitted for onchain voting.This proposal seeks to disable minting and borrowing in the wrsETH markets on Base and Optimism Mainnet and transition these markets to use an exchange-rate feed rather than a market price oracle.️ Vote: