Skip to content

Conversation

@anajuliabit
Copy link

@anajuliabit anajuliabit commented Nov 7, 2025

Summary

This proposal pauses minting (supplying) and borrowing across Moonwell markets on Moonriver due to the scheduled deprecation of Chainlink price feeds used to secure these markets. The markets affected are the xcKSM, MOVR, and FRAX markets, respectively.

Background

Chainlink has officially designated most price feeds on Moonriver for deprecation on November 10th, 2025. This creates significant risk including:

  • Incorrect collateral valuations
  • Failed or inaccurate liquidations
  • Bad debt accumulation at the protocol level

Changes

This proposal executes 6 governance actions:

  1. Pause minting on MOVR market
  2. Pause minting on xcKSM market
  3. Pause minting on FRAX market
  4. Pause borrowing on MOVR market
  5. Pause borrowing on xcKSM market
  6. Pause borrowing on FRAX market

Withdrawals and repayments remain enabled - users can safely exit positions.

Testing

✅ All tests pass - see test/apollo/mip-r32/
✅ Verified on Moonriver fork at block 3,800,000
✅ Complete proposal documentation in docs/MIP-R32.md

Test Plan

  • Create proposal test suite with pre/post state assertions
  • Verify markets are NOT paused before execution
  • Execute governance proposal through full flow
  • Verify markets ARE paused after execution
  • Confirm withdrawals and repayments remain functional
  • Document complete proposal specification

🤖 Generated with Claude Code

@anajuliabit anajuliabit changed the title Mip r32 pause moonriver MIP-R32: Pause Mint/Borrow on Moonriver Nov 7, 2025
@anajuliabit anajuliabit closed this Nov 7, 2025
@anajuliabit anajuliabit force-pushed the mip-r32-pause-moonriver branch from 7609391 to 47f9bf6 Compare November 7, 2025 01:44
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment

Labels

None yet

Projects

None yet

Development

Successfully merging this pull request may close these issues.

4 participants