Nemo launches debt token program to compensate users who suffer vulnerabilities
Source: ForesightNews
Time: 2025-09-15 13:19:11
Sui Eco-Lending Agreement Nemo launches a debt token compensation program that will distribute debt tokens called NEOM to affected users. The compensation plan will calculate user losses in USD and issue NEOM tokens of equivalent value based on on-chain snapshots when the protocol is suspended. Holders can choose to exit through an automated market maker pool, or hold tokens to wait for funds to be recovered. Nemo said it would establish a three-step recovery plan: first, allowing users to migrate the surplus value from the damaged pool to a new audited multi-party management contract; second, launching the NEOM/USDC liquidity pool at the major Sui decentralized exchange; finally depositing any recovered funds into the multi-party redemption pool for NEOM holders to claim proportionally.