Community Articles
via Cointelegraph · By Cointelegraph Staff
Mantle Tokenholders Back Aave Credit Facility After rsETH Exploit
ETH
ETH/USDT
$2,490.40
+0.64%
$2,490.40
+0.64%
(24s)24h Volume
$7,805,375,200.83
24h H/L
$2,523.97 / $2,460.92
Change: $63.05 (2.56%)
Long/Short
56.2%
Long: 56.2%Short: 43.8%
Funding Rate
+0.0032%
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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