Moonwell enables governance for WELL holders across multiple networks
Moonwell has successfully migrated its governance framework to the Ethereum mainnet, allowing WELL token holders to engage in cross-chain governance. This transition enables users to propose, vote, and execute decisions across multiple networks, including Base and Optimism. The move aims to enhance participation and streamline governance processes by leveraging Ethereum's robust infrastructure.
- ▪Moonwell's governance migration was formalized through proposal MIP-X58, voted on in mid-May 2026.
- ▪WELL token holders can now stake their tokens to generate stkWELL, which provides voting rights and staking rewards.
- ▪The migration to Ethereum was driven by community preference for deeper liquidity and broader wallet infrastructure.
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Moonwell enables governance for WELL holders across multiple networks The multichain lending protocol migrated its governance to Ethereum mainnet, letting token holders propose, vote, and execute decisions across Base, Optimism, and Moonbeam. Share Add us on Google by Editorial Team May. 27, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Moonwell just pulled off something most DeFi protocols only talk about on governance forums:…
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