Nemo Protocol: To issue NEOM debt tokens to repay user losses, and will not use US dollars to compensate
Source: CoinWorld
Time: 2025-09-15 11:07:10
Coinjie.com reported that the Sui Body DeFi protocol Nemo Protocol, which was previously hacked, released the user asset recovery and NEOM debt token plan V1.0, which disclosed that it will not repay all losses in US dollars, but will issue US dollar debt tokens equivalent to the amount of user loss, which will ultimately allow all users to obtain 100% principal compensation to compensate for the losses caused by previous security incidents. NEOM debt tokens are a token denominated in 1:1 US dollars. The loss calculation will be strictly based on the complete on-chain asset snapshot when the protocol is suspended to ensure fairness and justice.