Sentiment: Negative
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Mantle Offers 30000 ETH Credit Line To Support Aave After rsETH Exploit
By Kelvin Munene at 2026-05-04 01:46
Sentiment: Negative
TLDR Mantle proposed a loan of up to 30,000 ETH from its treasury. The loan would help Aave DAO cover rsETH-related bad debt. The Kelp DAO exploit led to about $190 million in borrowed assets. The proposed loan term may run for up to 36 months. Aave DAO may offer revenue and AAVE tokens as [...] The post Mantle Offers 30000 ETH Credit Line To Support Aave After rsETH Exploit appeared first on CoinCentral. Continue reading...
Categories: DeFi
Tags: #DeFi #aave #ETH #Ethena #EtherFi #LayerZero #Mantle
Source Coin Central