Gauge Request Presentation:
- Targeted Pair: 0xbd0f196071de8d7d1521c0ee53584875d2d97fc5
- IBT contract address: 0xa0E430870c4604CcfC7B38Ca7845B1FF653D0ff1
- Spectra Wrapped IBT : 0x7E32f4C44E22aB20df287f8a15eB6C0F54dA6E30
- Current TVL on in the Pair’s liquidity: $11.4M
- Current TVL as IBT: $151M
- 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 0.29% in ETH, 2.75% in MORPHO, 1.57% in WELL
- Moonwell’s total TVL on Base is $206M
- Morpho’s total TVL on Base is $361M
Community poll:
- Yes, create a gauge for the mwETH pool
- No, do not create a gauge for the mwETH pool