---
title: "Moonwell Cuts Collateral Limits, Drops VELO and wrsETH"
url: https://thecoingazette.com/moonwell-cuts-collateral-limits-drops-velo-and-wrseth/
date: 2026-11-11
modified: 2026-11-11
lang: en
author: "Coin Gazette Editorial"
description: "MIP-X75 reduces the backing available for existing loans on Base and Optimism. Borrowers near their limits face liquidation unless they reduce debt or add eligible collateral."
categories:
  - "Crypto News"
tags:
  - "crypto"
  - "cryptocurrencies"
  - "Defi"
  - "Market Trends"
  - "News"
word_count: 33
---

# Moonwell Cuts Collateral Limits, Drops VELO and wrsETH

MIP-X75 reduces the backing available for existing loans on Base and Optimism. Borrowers near their limits face liquidation unless they reduce debt or add eligible collateral.... Read the full story at The Defiant