1 hour ago
Mantle Weighs 30,000 ETH Credit Facility to Cover Aave rsETH Exploit Fallout
TLDR: Mantle may lend Aave DAO up to 30,000 ETH after the rsETH bridge exploit on April 18. Attackers used 89,567 stolen rsETH on Aave V3 and borrowed assets worth nearly $190M. Aave must provide extra collateral, protocol revenue share, and AAVE tokens worth $11M. Mantle would gain 130,000 delegated AAVE tokens and first-priority lien [...]
The post Mantle Weighs 30,000 ETH Credit Facility to Cover Aave rsETH Exploit Fallout appeared first on Blockonomi.
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