TechFlow reports that on May 8, the Mantle community approved proposal MIP-34, authorizing the Mantle Treasury to extend a loan of up to 30,000 ETH to the Aave DAO to address the bad debt impact on Aave V3 resulting from the rsETH cross-chain bridge security incident on April 18, 2026. Per the proposal, the loan term is up to 36 months, with an annualized interest rate of LIDO + 1%. The borrower may repay the loan early without penalty. Regarding risk controls, Mantle will hold a senior secured interest in the relevant collateral assets. Additionally, Aave will provide supplementary collateral consisting of Aave tokens and protocol revenue valued at no less than $11 million, and delegate 130,000 Aave tokens to Mantle for governance participation.
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