> For the complete documentation index, see [llms.txt](https://docs.warden.finance/docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.warden.finance/docs/proposal-diff-reports/moonwell-mip-b09-proposal-diff-report.md). # Moonwell MIP-B09 Proposal Diff Report This document reports the impact of the execution of [MIP-B09 proposal ](https://forum.moonwell.fi/t/gauntlet-s-base-moonbeam-moonriver-recommendations-2023-11-07/669)on Moonwell Base. All diffs detected by the simulation are highlighted in orange The simulation executes the proposal on chain on a local fork. The state of the protocol is compared before and after the proposal is executed. ## Proposal calldata ``` 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``` ## Execution results MIP-B09 was successfully executed on a Hardhat fork at block [#6544306](https://basescan.org/block/6544306) (Nov-13-2023 12:19:19 PM +UTC) * ✅ No regression detected on already existing markets (USDC, USDbC, DAI, ETH, cbETH, wstETH) * ✅ No accounts are liquidatable * ✅ Parameters are same as specified in proposal * ✅ The proposal passes [sanity check tests](#sanity-check-tests) Original execution report (including raw contract values): {% file src="/files/OiwZEkLhc8QiBwIupBmw" %} ## Global parameters

Parameter	Liquidation Incentive	Close Factor
Before	110%	0.5%
After	110%	0.5%

## mUSDC [View on block explorer](https://basescan.org/address/0xedc817a28e8b93b03976fbd4a3ddbc9f7d176c22)

Parameter	Collateral Factor	Implied Collateral Ratio	Borrow Cap	Supply Cap
Before	0.82	121.951%	8,500,000 8,500,000 USD	10,000,000 10,000,000 USD
After	0.83	120.482%	8,500,000 8,500,000 USD	10,000,000 10,000,000 USD

IRM Parameter	Base rate	Multiplier	Kink	Jump Multiplier	Reserve Factor	Contract
Before	0%	0.045	0.8	8.6	0.15	0x492dcEF1fc5253413fC5576B9522840a1A774DCe
After	0%	0.045	0.8	8.6	0.15	0x492dcEF1fc5253413fC5576B9522840a1A774DCe

Key borrow rates	Base	Kink	Max
Before	0%	3.6%	175.6%
After	0%	3.6%	175.6%

Key supply rates	Base	Kink	Max
Before	0%	2.448%	149.26%
After	0%	2.448%	149.26%

Borrow rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	0%	0.45%	0.9%	1.35%	1.8%	2.25%	2.7%	3.15%	3.6%	89.6%	175.6%
After	0%	0.45%	0.9%	1.35%	1.8%	2.25%	2.7%	3.15%	3.6%	89.6%	175.6%

Supply rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	0%	0.038%	0.153%	0.344%	0.612%	0.956%	1.377%	1.874%	2.448%	68.544%	149.26%
After	0%	0.038%	0.153%	0.344%	0.612%	0.956%	1.377%	1.874%	2.448%	68.544%	149.26%

Market State	Total Supply	Total Borrows	Utilization	Supply cap utilization	Borrow cap utilization	Supply rate	Borrow rate
Before	4,815,242.796 4,815,242.796 USD	3,839,992.774 3,839,992.774 USD	79.747%	48.152%	45.176%	2.433% 6.529% Total	3.589% 3.589% Total
After	4,815,242.796 4,815,242.796 USD	3,839,992.774 3,839,992.774 USD	79.747%	48.152%	45.176%	2.433% 6.529% Total	3.589% 3.589% Total

### WELL Reward Stream

Supply-side	Emissions per sec	APR
Before	1.14111149267399	4.096191574872212%
After	1.14111149267399	4.096191574872212%

| Borrow-side | Emissions per sec | APR | | ----------- | ----------------- | ---------------------- | | Before | 1e-18 | 4.501320782781845e-18% | | After | 1e-18 | 4.501320782781845e-18% | ### USDC Reward Stream | Supply-side | Emissions per sec | APR | | ----------- | ----------------- | --- | | Before | 0 | 0% | | After | 0 | 0% |

Borrow-side	Emissions per sec	APR
Before	0.000001	8.212515453757663e-16%
After	0.000001	8.212515453757663e-16%

## mUSDC [View on block explorer](https://basescan.org/address/0x703843C3379b52F9FF486c9f5892218d2a065cC8)

Parameter	Collateral Factor	Implied Collateral Ratio	Borrow Cap	Supply Cap
Before	0.8	125%	4,000,000 4,004,000 USD	5,000,000 5,005,000 USD
After	0.8	125%	4,000,000 4,004,000 USD	5,000,000 5,005,000 USD

IRM Parameter	Base rate	Multiplier	Kink	Jump Multiplier	Reserve Factor	Contract
Before	0%	0.045	0.8	8.6	0.15	0x492dcEF1fc5253413fC5576B9522840a1A774DCe
After	0%	0.045	0.8	8.6	0.15	0x492dcEF1fc5253413fC5576B9522840a1A774DCe

| Key borrow rates | Base | Kink | Max | | ---------------- | ---- | ---- | ------ | | Before | 0% | 3.6% | 175.6% | | After | 0% | 3.6% | 175.6% |

Key supply rates	Base	Kink	Max
Before	0%	2.448%	149.26%
After	0%	2.448%	149.26%

Borrow rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	0%	0.45%	0.9%	1.35%	1.8%	2.25%	2.7%	3.15%	3.6%	89.6%	175.6%
After	0%	0.45%	0.9%	1.35%	1.8%	2.25%	2.7%	3.15%	3.6%	89.6%	175.6%

Supply rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	0%	0.038%	0.153%	0.344%	0.612%	0.956%	1.377%	1.874%	2.448%	68.544%	149.26%
After	0%	0.038%	0.153%	0.344%	0.612%	0.956%	1.377%	1.874%	2.448%	68.544%	149.26%

Market State	Total Supply	Total Borrows	Utilization	Supply cap utilization	Borrow cap utilization	Supply rate	Borrow rate
Before	1,479,839.236 1,481,319.075 USD	1,081,800.904 1,082,882.705 USD	73.103%	29.597%	27.045%	2.044% 2.044% Total	3.29% 3.29% Total
After	1,479,839.236 1,481,319.075 USD	1,081,800.904 1,082,882.705 USD	73.103%	29.597%	27.045%	2.044% 2.044% Total	3.29% 3.29% Total

### WELL Reward Stream

Supply-side	Emissions per sec	APR
Before	0	0%
After	0	0%

Borrow-side	Emissions per sec	APR
Before	1e-18	1.596206052852882e-17%
After	1e-18	1.596206052852882e-17%

### USDC Reward Stream

Supply-side	Emissions per sec	APR
Before	0	0%
After	0	0%

Borrow-side	Emissions per sec	APR
Before	0.000001	2.912226768325197e-15%
After	0.000001	2.912226768325197e-15%

## mWETH [View on block explorer](https://basescan.org/address/0x628ff693426583D9a7FB391E54366292F509D457)

Parameter	Collateral Factor	Implied Collateral Ratio	Borrow Cap	Supply Cap
Before	0.8	125%	6,300 13,228,614 USD	10,500 22,047,690 USD
After	0.81	123.457%	6,300 13,228,614 USD	10,500 22,047,690 USD

IRM Parameter	Base rate	Multiplier	Kink	Jump Multiplier	Reserve Factor	Contract
Before	1%	0.037	0.8	4.8	0.25	0x142DCAEC322aAA25141B2597bf348487aDBd596d
After	1%	0.037	0.8	4.8	0.25	0x142DCAEC322aAA25141B2597bf348487aDBd596d

Key borrow rates	Base	Kink	Max
Before	1%	3.96%	99.96%
After	1%	3.96%	99.96%

| Key supply rates | Base | Kink | Max | | ---------------- | ---- | ------ | ------ | | Before | 0% | 2.376% | 74.97% | | After | 0% | 2.376% | 74.97% |

Borrow rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	1%	1.37%	1.74%	2.11%	2.48%	2.85%	3.22%	3.59%	3.96%	51.96%	99.96%
After	1%	1.37%	1.74%	2.11%	2.48%	2.85%	3.22%	3.59%	3.96%	51.96%	99.96%

Supply rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	0%	0.103%	0.261%	0.475%	0.744%	1.069%	1.449%	1.885%	2.376%	35.073%	74.97%
After	0%	0.103%	0.261%	0.475%	0.744%	1.069%	1.449%	1.885%	2.376%	35.073%	74.97%

Market State	Total Supply	Total Borrows	Utilization	Supply cap utilization	Borrow cap utilization	Supply rate	Borrow rate
Before	5,880.037 12,346,783.434 USD	3,752.333 7,879,074.308 USD	63.815%	56%	59.561%	1.609% 4.804% Total	3.361% 3.361% Total
After	5,880.037 12,346,783.434 USD	3,752.333 7,879,074.308 USD	63.815%	56%	59.561%	1.609% 4.804% Total	3.361% 3.361% Total

### WELL Reward Stream

Supply-side	Emissions per sec	APR
Before	2.28222298534799	3.195027608583951%
After	2.28222298534799	3.195027608583951%

Borrow-side	Emissions per sec	APR
Before	1e-18	2.1937906159092536e-18%
After	1e-18	2.1937906159092536e-18%

### USDC Reward Stream

Supply-side	Emissions per sec	APR
Before	0	0%
After	0	0%

Borrow-side	Emissions per sec	APR
Before	0.000001	4.002500644783852e-16%
After	0.000001	4.002500644783852e-16%

## mcbETH [View on block explorer](https://basescan.org/address/0x3bf93770f2d4a794c3d9EBEfBAeBAE2a8f09A5E5)

Parameter	Collateral Factor	Implied Collateral Ratio	Borrow Cap	Supply Cap
Before	0.75	133.333%	1,000 2,208,230 USD	4,000 8,832,920 USD
After	0.76	131.579%	1,000 2,208,230 USD	4,000 8,832,920 USD

IRM Parameter	Base rate	Multiplier	Kink	Jump Multiplier	Reserve Factor	Contract
Before	0%	0.07	0.45	3.15	0.25	0x78Fe5d0427E669ba9F964C3495fF381a805a0487
After	0%	0.07	0.45	3.15	0.25	0x78Fe5d0427E669ba9F964C3495fF381a805a0487

Key borrow rates	Base	Kink	Max
Before	0%	3.15%	176.4%
After	0%	3.15%	176.4%

Key supply rates	Base	Kink	Max
Before	0%	1.063%	132.3%
After	0%	1.063%	132.3%

Borrow rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	0%	0.7%	1.4%	2.1%	2.8%	18.9%	50.4%	81.9%	113.4%	144.9%	176.4%
After	0%	0.7%	1.4%	2.1%	2.8%	18.9%	50.4%	81.9%	113.4%	144.9%	176.4%

Supply rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	0%	0.052%	0.21%	0.472%	0.84%	7.087%	22.68%	42.997%	68.04%	97.807%	132.3%
After	0%	0.052%	0.21%	0.472%	0.84%	7.087%	22.68%	42.997%	68.04%	97.807%	132.3%

Market State	Total Supply	Total Borrows	Utilization	Supply cap utilization	Borrow cap utilization	Supply rate	Borrow rate
Before	2,403.169 5,306,748.857 USD	493.1 1,088,878.314 USD	20.519%	60.079%	49.31%	0.221% 3.938% Total	1.436% 1.436% Total
After	2,403.169 5,306,748.857 USD	493.1 1,088,878.314 USD	20.519%	60.079%	49.31%	0.221% 3.938% Total	1.436% 1.436% Total

### WELL Reward Stream

Supply-side	Emissions per sec	APR
Before	1.14111149267399	3.716806184847738%
After	1.14111149267399	3.716806184847738%

Borrow-side	Emissions per sec	APR
Before	1e-18	1.5874169830476572e-17%
After	1e-18	1.5874169830476572e-17%

### USDC Reward Stream

Supply-side	Emissions per sec	APR
Before	0	0%
After	0	0%

Borrow-side	Emissions per sec	APR
Before	0.000001	2.89619139224721e-15%
After	0.000001	2.89619139224721e-15%

## mwstETH [View on block explorer](https://basescan.org/address/0x627Fe393Bc6EdDA28e99AE648fD6fF362514304b)

Parameter	Collateral Factor	Implied Collateral Ratio	Borrow Cap	Supply Cap
Before	0.75	133.333%	0.05 120.076 USD	0.1 240.152 USD
After	0.75	133.333%	0.05 120.076 USD	0.1 240.152 USD

IRM Parameter	Base rate	Multiplier	Kink	Jump Multiplier	Reserve Factor	Contract
Before	0%	0.07	0.45	3.15	0.25	0x1007100Ffc1aC1e63813Fb983bb3D3a8DF1CC193
After	0%	0.07	0.45	3.15	0.25	0x1007100Ffc1aC1e63813Fb983bb3D3a8DF1CC193

Key borrow rates	Base	Kink	Max
Before	0%	3.15%	176.4%
After	0%	3.15%	176.4%

Key supply rates	Base	Kink	Max
Before	0%	1.063%	132.3%
After	0%	1.063%	132.3%

Borrow rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	0%	0.7%	1.4%	2.1%	2.8%	18.9%	50.4%	81.9%	113.4%	144.9%	176.4%
After	0%	0.7%	1.4%	2.1%	2.8%	18.9%	50.4%	81.9%	113.4%	144.9%	176.4%

Supply rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	0%	0.052%	0.21%	0.472%	0.84%	7.087%	22.68%	42.997%	68.04%	97.807%	132.3%
After	0%	0.052%	0.21%	0.472%	0.84%	7.087%	22.68%	42.997%	68.04%	97.807%	132.3%

Market State	Total Supply	Total Borrows	Utilization	Supply cap utilization	Borrow cap utilization	Supply rate	Borrow rate
Before	0.059 142.093 USD	0.04 96.229 USD	67.723%	59.168%	80.14%	37.955% 37.955% Total	74.727% 74.727% Total
After	0.059 142.093 USD	0.04 96.229 USD	67.723%	59.168%	80.14%	37.955% 37.955% Total	74.727% 74.727% Total

### WELL Reward Stream

Supply-side	Emissions per sec	APR
Before	0	0%
After	0	0%

Borrow-side	Emissions per sec	APR
Before	1e-18	1.79623770061987e-13%
After	1e-18	1.79623770061987e-13%

### USDC Reward Stream

Supply-side	Emissions per sec	APR
Before	0	0%
After	0	0%

Borrow-side	Emissions per sec	APR
Before	0.000001	3.2771780965688504e-11%
After	0.000001	3.2771780965688504e-11%

## mDAI [View on block explorer](https://basescan.org/address/0x73b06D8d18De422E269645eaCe15400DE7462417)

Parameter	Collateral Factor	Implied Collateral Ratio	Borrow Cap	Supply Cap
Before	0.82	121.951%	5,000,000 4,996,745 USD	7,500,000 7,495,117.5 USD
After	0.82	121.951%	5,000,000 4,996,745 USD	7,500,000 7,495,117.5 USD

IRM Parameter	Base rate	Multiplier	Kink	Jump Multiplier	Reserve Factor	Contract
Before	0%	0.045	0.8	8.6	0.15	0x492dcEF1fc5253413fC5576B9522840a1A774DCe
After	0%	0.045	0.8	8.6	0.15	0x492dcEF1fc5253413fC5576B9522840a1A774DCe

Key borrow rates	Base	Kink	Max
Before	0%	3.6%	175.6%
After	0%	3.6%	175.6%

Key supply rates	Base	Kink	Max
Before	0%	2.448%	149.26%
After	0%	2.448%	149.26%

Borrow rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	0%	0.45%	0.9%	1.35%	1.8%	2.25%	2.7%	3.15%	3.6%	89.6%	175.6%
After	0%	0.45%	0.9%	1.35%	1.8%	2.25%	2.7%	3.15%	3.6%	89.6%	175.6%

Supply rates	0%	10%	20%	30%	40%	50%	60%	70%	80%	90%	100%
Before	0%	0.038%	0.153%	0.344%	0.612%	0.956%	1.377%	1.874%	2.448%	68.544%	149.26%
After	0%	0.038%	0.153%	0.344%	0.612%	0.956%	1.377%	1.874%	2.448%	68.544%	149.26%

Market State	Total Supply	Total Borrows	Utilization	Supply cap utilization	Borrow cap utilization	Supply rate	Borrow rate
Before	4,253,699.645 4,250,930.486 USD	2,032,953.07 2,031,629.618 USD	47.793%	56.716%	40.659%	0.874% 5.514% Total	2.151% 2.151% Total
After	4,253,699.645 4,250,930.486 USD	2,032,953.07 2,031,629.618 USD	47.793%	56.716%	40.659%	0.874% 5.514% Total	2.151% 2.151% Total

### WELL Reward Stream

Supply-side	Emissions per sec	APR
Before	1.14111149267399	4.63996224748227%
After	1.14111149267399	4.63996224748227%

Borrow-side	Emissions per sec	APR
Before	1e-18	8.507967755325823e-18%
After	1e-18	8.507967755325823e-18%

### USDC Reward Stream

Supply-side	Emissions per sec	APR
Before	0	0%
After	0	0%

Borrow-side	Emissions per sec	APR
Before	0.000001	1.5522514400207666e-15%
After	0.000001	1.5522514400207666e-15%

## Liquidatable accounts The table below lists accounts that will be at risk of liquidation once the proposal is passed. Total liquidatable accounts: 0

Accounts	Free collateral Before (USD)	Free collateral After (USD)	Diff (USD)
Nothing to display

### Sanity check tests 4 unit tests expectedly failed because wstETH supply and borrow caps are currently set very low.

4 tests failed:
1) wstETH
    borrow cap
      X should be within sane range

2) wstETH
    borrow cap
      X should be less than underlying token total supply

3) wstETH
    supply cap
      X should be within sane range

4) wstETH
    supply cap
      X should be less than underlying token total supply
      
MIP-B06 sanity check tests  
  Global governance parameters
      close factor
        ✔ should be within sane range
  USDC
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (132ms)
      ✔ user cannot borrow more than borrow cap (10984ms)
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (75ms)
      ✔ user cannot deposit more than supply cap (1373ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (60424ms)
      ✔ should leave enough buffer for liquidation incentive

  USDbC
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (124ms)
      ✔ user cannot borrow more than borrow cap (10578ms)
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (76ms)
      ✔ user cannot deposit more than supply cap (1357ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (56181ms)
      ✔ should leave enough buffer for liquidation incentive
  
  ETH
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (114ms)
      ✔ user cannot borrow more than borrow cap
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (74ms)
      ✔ user cannot deposit more than supply cap (1347ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (67284ms)
      ✔ should leave enough buffer for liquidation incentive
      
  cbETH
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (119ms)
      ✔ user cannot borrow more than borrow cap
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (75ms)
      ✔ user cannot deposit more than supply cap (1381ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (10082ms)
      ✔ should leave enough buffer for liquidation incentive
  
  DAI
    borrow cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      ✔ should be less than underlying token total supply (129ms)
      ✔ user cannot borrow more than borrow cap
    supply cap
      ✔ should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      ✔ should be less than underlying token total supply (75ms)
      ✔ user cannot deposit more than supply cap (1345ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (17280ms)
      ✔ should leave enough buffer for liquidation incentive

  wstETH
    borrow cap
      X should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 0.25x
      ✔ should be less than supply cap
      X should be less than underlying token total supply
      ✔ user cannot borrow more than borrow cap (10829ms)
    supply cap
      X should be within sane range
      ✔ should not be increased by more than 4x
      ✔ should not be decreased by more than 4x
      X should be less than underlying token total supply
      ✔ user cannot deposit more than supply cap (1359ms)
    interest rate model
      ✔ kink should be within sane range
      ✔ base supply rate should be within sane range
      ✔ base borrow rate should be within sane range
      ✔ max supply rate should be within sane range
      ✔ max borrow rate should be within sane range
    collateral factor
      ✔ should not drastically change
      ✔ should be within sane range
      ✔ should make no account liquidatable (17280ms)
      ✔ should leave enough buffer for liquidation incentive