Mantle Tokenholders Back Aave Credit Facility After rsETH Exploit

May 9, 2026 - 05:15
Mantle Tokenholders Back Aave Credit Facility After rsETH Exploit
Mantle tokenholders backed a proposal authorizing a credit facility of up to 30,000 Ether (ETH), worth about $68 million, for Aave DAO, advancing remediation tied to bad debt from the April rsETH exploit. The proposal, MIP-34, passed in a seven-day Snapshot vote that ended Friday, according to DAO governance platform Snapshot. The measure authorizes the...

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