Mantle Network's proposal for a loan facility to support Aave's rsETH relief initiative has entered the governance voting phase. The proposal aims to assist users in managing their positions related to the rsETH event. MNT token holders must delegate their voting power on the Snapshot platform to participate. Meanwhile, the DeFi United ecosystem, led by Aave, has raised 1,137,714.633 ETH, equivalent to $314.57 million, to address the collateral shortfall from the rsETH event on April 18. Aave founder Stani highlighted the collaboration among six DAOs, including Arbitrum, EtherFi, and Lido, in this significant coordination effort.
Mantle's Aave Loan Proposal Enters Governance Vote; DeFi United Raises $314M
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