Reserve Auctions: Boosted Staking Rewards 📊
Last month, 5.4M WELL was acquired through Reserve Auctions to increase staking rewards on @Base and OP Mainnet.
Approximately $324K in market reserves has been allocated for the next month of auctions.

Reserve Auctions are Moonwell's automated onchain system for acquiring WELL from the open market using protocol market reserves.
The process bolsters the Safety Module, increases staking rewards, and encourages governance participation.
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