Neemo Finance 💿
@neemofinance
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Liquid staking for ASTR and liquid restaking for ETH, with ETH restaking in partnership with @ether_fi. Building on @soneium
Soneium 💿
Joined April 2024
We remain in a critical recovery phase following the Neemo exploit. However, 91.634 ETH (roughly 80 % of the funds linked to address 0xb750E3165de458EaE09904cC7Fad099632860B0f) has been voluntarily returned and is now secured in the Neemo Security Multisig. We acknowledge this.
To the individual responsible for the Neemo security incident:. We recognize the skill required to identify this vulnerability. If 80 % of the funds are returned, we will award 20 % of the total amount and keep it as a white-hat bounty. • Please reply within 72 hours (no.
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Snapshot model was rejected ‒ next up is the Asset-Linked Model referendum. On-chain vote: Details: YES =.• 204 M ASTR → nsASTR holders.• 91.634 ETH → nrETH holders.(via always-open burn-for-refund contracts).
forum.astar.network
Asset-Linked Model — On-Chain Vote Now Open The previous on-chain referendum rejected the Snapshot model. As announced, we are therefore proceeding with the next most-supported option from the...
As planned, we have initiated the On-chain Vote based on the results of the Off-chain Vote. Please visit Subsquare to review the proposal and cast your vote: Details:
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As planned, we have initiated the On-chain Vote based on the results of the Off-chain Vote. Please visit Subsquare to review the proposal and cast your vote: Details:
forum.astar.network
As planned, we have initiated the On-chain Vote based on the results of the Off-chain Vote. Please visit Subsquare to review the proposal and cast your vote: Approve Treasury Proposal #13 (Neemo...
The community vote to select a compensation model is now open for the next 48 hours. Step 1 – Off-chain vote : narrows the four models to one.Step 2 – On-chain vote: immediately afterward. Nothing is final until the on-chain vote passes. Please review the four options.
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The community vote to select a compensation model is now open for the next 48 hours. Step 1 – Off-chain vote : narrows the four models to one.Step 2 – On-chain vote: immediately afterward. Nothing is final until the on-chain vote passes. Please review the four options.
Over the past week we gathered input from the Neemo and Astar communities, Main Council, Astar Collective, and DeFi protocols. Four compensation models are now on the ballot. Voting opens 25 Jul 07:00 UTC and closes 27 Jul 07:00 UTC (48 h). Options: Asset-linked, Split, Unified.
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Over the past week we gathered input from the Neemo and Astar communities, Main Council, Astar Collective, and DeFi protocols. Four compensation models are now on the ballot. Voting opens 25 Jul 07:00 UTC and closes 27 Jul 07:00 UTC (48 h). Options: Asset-linked, Split, Unified.
We’ve finalized the reimbursement plan and submitted it to the Astar Forum. Your feedback is essential to help us move forward transparently and fairly. We’d truly appreciate your thoughts.
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We’ve finalized the reimbursement plan and submitted it to the Astar Forum. Your feedback is essential to help us move forward transparently and fairly. We’d truly appreciate your thoughts.
forum.astar.network
TL;DR What went wrong On 5 July 2025, a compromised admin key allowed an attacker to over-mint nsASTR and nrETH, drain liquidity, and initiated an unstake of underlying assets of nsASTR/nrETH...
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Our team are working on a proposed distribution plan and will share more information shortly.
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To the individual responsible for the Neemo security incident:. We recognize the skill required to identify this vulnerability. If 80 % of the funds are returned, we will award 20 % of the total amount and keep it as a white-hat bounty. • Please reply within 72 hours (no.
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Thank you for your support. This has been an incredibly difficult time, but thanks to your swift support, we were able to recover most of the staked ASTR. We’re deeply grateful — and we’re doing everything we can to move forward from here.
Referendum approved. ✅. dApp Staking is now fully operational. 💪. Neemo Finance-related funds have been secured and the network is stable. Thank you to the community for your swift participation and continued trust. This is how we move forward together. 🌟.
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We are truly sorry for the incident caused by the security breach on our side. This referendum is a vital step toward safeguarding the remaining user funds and restoring trust in the system. We’re deeply grateful to the Astar team and community for acting swiftly and supporting.
🚧 Scheduled Maintenance Notice 🚧. We are proposing a short maintenance period for Astar’s dApp Staking on July 10 at ~7 AM UTC, pending governance approval:.🔗 During this time, a second referendum will go live at ~9 AM UTC for a 2-hour vote. This aims
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[Security Notice] Revoke Approvals for nsASTR and nrETH. Following the recent Neemo security incident, we recommend users revoke any existing token approvals for nsASTR and nrETH as a precautionary measure. - The Neemo frontend is no longer accessible now, and we will not.
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RT @AstarNetwork: dApp Staking operations on Astar is back online. ✅. Maintenance is complete and operations have resumed as normal. Thank….
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We have prepared a detailed post-mortem report outlining our actions and findings following the security breach impacting Neemo Finance. This report includes a breakdown of the incident, our immediate response, and our ongoing commitment to transparency, user protection, and.
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RT @AstarNetwork: 🚨 Referendum Live – Help Resume dApp Staking 🚨. A fast-tracked governance proposal is now open for voting to:. – Disable….
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7/.We appreciate the support from the Astar team and leadership. More updates will follow regarding nsASTR, nrETH, and affected DeFi strategies. With sincere apologies,.The Neemo Finance Team.
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6/.Execution plan:.- Transfer Chunk 1 (26.7M ASTR) to treasury.- Change dApp owner from compromised wallet.- Submit second proposal for Chunk 2 (177.5M ASTR).- Verify and submit new secure wallet.
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5/.We submitted an emergency proposal to Astar Main Council: Transfer all unlocked ASTR to the on-chain treasury and Temporarily change dApp ownership to a trusted party .Proposal:
forum.astar.network
Temporary Custody of Unlocked Neemo dApp Staking ASTR in Astar Treasury and Change of Neemo dApp Ownership to Astar On-Chain Treasury Summary Neemo Finance urgently requests that all ASTR currently...
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4/.Impact:.- All nrETH has been withdrawn.- nsASTR in staking remains untouched. However, manipulation occurred on several DeFi protocols on Soneium. A full incident report is in progress and will be published soon.
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3/.~200M ASTR in dApp Staking is currently safe. Due to Astar’s maintenance mode, the attacker cannot access these funds. We’re coordinating with the Astar team and Main Council to protect them before withdrawals reopen.
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2/.Compromised addresses:.nsASTR dAppStakingManager: 0x85031E58C66BA47A16Eef7A69514cd33EC16559c. nrETH stakingManagerL1: 0x54Cd23460DF45559Fd5feEaaDA7ba25f89c13525We can no longer pause/unpause contracts.
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