The compensation plan for the hacking incident of Nemo @nemoprotocol on the Sui ecosystem is here:
- The protocol has no money
- Users who lost money can receive an equivalent amount of debt tokens "NEMO"
- Any funds recovered from the hacker will be repaid proportionally
- Any external loans/investments obtained later will allocate a portion for debt repayment
- It has not yet been mentioned whether future protocol income will be used for debt repayment.
I feel a bit sorry for the DeFi people these days.
Official Update:
Following the September 8 security incident, Nemo Protocol has finalized a comprehensive compensation plan. We remain committed to transparency and accountability.
We are deeply grateful to our community and partners for their trust and support, and we will work tirelessly to rebuild stronger together.🙏
Full details:
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