Latest developments in DeFi United: Mantle lending proposal enters governance voting, has raised $314.57 million in ETH

BlockBeats News, May 1st, Mantle Network officially announced that the proposal for the rsETH rescue coordination action loan facility initiated to Aave has officially entered the governance voting stage. According to the proposal, Mantle will provide a loan to Aave’s rescue operation to help users exit or resolve related positions in an orderly manner. Currently, users holding MNT tokens need to complete delegation on the Snapshot platform before participating in the vote.

Aave founder Stani stated that DeFi United is the largest DAO coordination he has participated in, with at least six different DAOs proposing governance plans (Arbitrum, Aave, EtherFi, Lido, Compound, and Mantle), thanking everyone who helped and participated.

The DeFi United ecological rescue operation led by Aave is ongoing to address the collateral shortfall caused by the rsETH incident on April 18. The designated donation address has currently raised a total of 1,137,714.633 ETH, worth $315.7 million.

ETH1.82%
MNT1.32%
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