Mantle tokenholders approve 30K ETH Aave credit facility after rsETH exploit
Mantle tokenholders approved a 30,000 ETH ($68 million) credit facility for Aave DAO to address bad debt from April's rsETH exploit. The April attack created $123.7–$230.1 million in potential losses after an attacker deposited unbacked rsETH and borrowed heavily. The facility helps Aave restore confidence in its strained WETH lending market and manage remediation efforts.
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