Community Articles
via Cointelegraph · By Cointelegraph Staff
Mantle Tokenholders Back Aave Credit Facility After rsETH Exploit
ETH
ETH/USDT
$1,877.16
-0.28%
$1,877.16
-0.28%
(24s)24h Volume
$2,752,749,171.21
24h H/L
$1,892.31 / $1,869.17
Change: $23.14 (1.24%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0028%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(11:22 AM UTC)
1 min read
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 Mantle Foundation to negotiate and execute…
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