Moonwell Proposes $2.68M Recovery Plan After cbETH Liquidation Incident Harms 181 Borrowers on Base

TLDR: Roughly 181 Moonwell borrowers on Base lost ~$2.68M due to oracle-driven cbETH liquidations from Feb 14–18, 2026.  Moonwell will allocate ~$310,000 from its Apollo Treasury as an immediate pro-rata repayment to all affected borrowers.  The remaining ~$2.37M will be repaid gradually through future protocol fees and OEV revenue via Sablier over 12 months.  MFAM [...]

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