news4h ago

Mantlecore (@Mantle_official) Has Submitted A Governance Proposal To Lend Up To 30,000 $Eth To Aave Dao (@Aave), According To Details Shared By @Bscnews.

The proposal is aimed at helping address bad debt stemming from a recent exploit involving the rsETH bridge.

Under the proposed terms, the loan would run for up to 36 months, with interest set at the Lido staking rate plus one percentage point annually.

The proposal is currently in the discussion phase and has not yet been put to a formal vote.

Mantlecore (@Mantle_official) Has Submitted A Governance Proposal To Lend Up To 30,000 $Eth To Aave Dao (@Aave), According To Details Shared By @Bscnews.

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BSCN

BSCN's dedicated writing team brings over 41 years of combined experience in cryptocurrency research and analysis. Our writers hold diverse academic qualifications spanning Physics, Mathematics, and Philosophy from leading institutions including Oxford and Cambridge. While united by their passion for cryptocurrency and blockchain technology, the team's professional backgrounds are equally diverse, including former venture capital investors, startup founders, and active traders.