According to Mantle Network’s official announcement, the rsETH relief coordination loan facility proposal for Aave has entered the governance voting phase. Mantle will provide a loan to support Aave’s relief efforts, enabling users to orderly exit or resolve related positions. As of now, the DeFi United ecosystem relief initiative led by Aave has accumulated 1,137,714.633 ETH (valued at $314.57 million) across designated donation addresses. Aave founder Stani noted this represents the largest-scale DAO coordination he has participated in, with six different DAOs submitting governance proposals: Arbitrum, Aave, EtherFi, Lido, Compound, and Mantle. The relief action addresses the collateral shortfall caused by the rsETH incident on April 18.
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