The lending protocol Moonwell recently successfully thwarted a malicious governance proposal attack. The attacker accumulated approximately 50 million WELL tokens (worth around $3.1 million) on the market to gain sufficient voting power and submitted a malicious proposal called 'MIP-M11.' This proposal aimed to change the protocol's risk parameters, allowing the attacker to borrow and withdraw assets worth about $14 million on the Base chain from Moonwell (including