Moonwell migrates WELL token governance to Ethereum mainnet via MIP-X58, enabling cross-chain proposals and voting across Base, Optimism, and Moonbeam.

Moonwell migrates WELL token governance to Ethereum mainnet via MIP-X58, enabling cross-chain proposals and voting across Base, Optimism, and Moonbeam.

Moonwell's MIP-E00 proposal seeks to deploy ETH, USDC, USDT, and cbBTC lending markets on Ethereum mainnet, with 99.9% early voting support and a 65.2M WELL quorum requirement.