Mantle Proposes Strategic 30,000 ETH Loan to Aave DAO
In a significant move to stabilize the decentralized finance ecosystem, the Mantle community has submitted a formal governance proposal—MIP-34—to provide a strategic credit facility of up to 30,000 ETH to Aave DAO. This initiative is designed to address the liquidity shock and potential bad debt impacts resulting from the $292 million exploit of the KelpDAO
