Debt tokens redefine trust after DeFi crisis

Nemo Protocol issues NEOM debt tokens to compensate users after security breaches occur, backed by system liquidity and reserves. This tokenization scheme aims to increase transparency and simplify compensation processes through smart contracts, and plans to go public on a decentralized exchange. Although Nemo Protocol is seen as an innovative solution, concerns about token volatility and protocol feasibility remain, reflecting that DeFi is moving towards structured dispute resolution.