Over time, Lunar Labs says it plans to decentralize Moonwell product development via the Moonwell DAO, whose WELL governance token will be distributed to Lunar Labs investors, Moonwell users and other Moonwell community members. WELL won’t come with voting rights when Artemis launches, but holders will be able to stake it with the protocol in exchange for rewards.
Source: https://www.coindesk.com/business/2022/03/17/katie-hauns-new-fund-joins-10m-round-for-polkadot-lending-protocol-moonwell/?utm_medium=referral&utm_source=rss&utm_campaign=headlines