Gauge Request Presentation:
- Targeted Pair: 0xdaF28BEdAEf3a960188B69E3283D43a9Ed76f57f
- IBT contract address: 0xa0E430870c4604CcfC7B38Ca7845B1FF653D0ff1
- Spectra Wrapped IBT : 0x7E32f4C44E22aB20df287f8a15eB6C0F54dA6E30
- Current TVL on in the Pair’s liquidity: $2.42M
- Current TVL as IBT: $64.95M
- Twitter link: Morpho, Moonwell
- Chain : Base
Simple summary:
The Moonwell Flagship ETH Morpho vault is curated by B.Protocol and Block Analitica and aims to optimize interest earned from lending WETH on the cbETH/WETH, wstETH/WETH, and rETH/WETH collateral markets.
Benefit of this integration for Moonwell and Morpho
- More liquidity
- Increased visibility
- Additional yield opportunities for their community
Benefit of this integration for Spectra
- More yield opportunities for APW holders
- Increase Spectra’s tokenized TVL
- Increased Visibility for Spectra
Metrics:
- The current APY is 0.44% in WETH, 7.01% in WELL, and it is additionally boosted with MORPHO incentives
- Moonwell’s total TVL on Base is $109.65M
- Morpho’s total TVL on Base is $187.14M
Community poll:
- Yes, create a gauge for the mwETH pool
- No, do not create a gauge for the mwETH pool