Untitled Bank x Neemo Finance Compensation Portal

Claim compensation for the Neemo Finance security incident if you had positions in the Neemo-ASTR Earn Bank or nsASTR/ASTR borrow market. Simply connect your wallet to check your compensation amount.

Minimum threshold:

10 ASTR total compensation required

If you have only nsASTR collateral to withdraw and no ASTR borrow, you may need to withdraw the collateral manually.

1. Go to the explorer

2. For withdrawCollaterael

- enter ID 7

- set the asset to the amount of nsASTR you want to withdraw multiplied by 10^18

- provide the address where you want to receive the nsASTR.

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Claim Compensation

Neemo-ASTR Bank

-87.486 ASTR

95% recovery rate

nsASTR/ASTR Market

0 ASTR

52.55% recovery rate

Compensation Amount

0 ASTR

Relative Transactions

Tx Hash

Type

Block Number

FAQ

During the recent security incident at Neemo Finance, both the Neemo-ASTR Earn Bank and the nsASTR/ASTR Borrow Market were compromised when an attacker borrowed out all available ASTR from the market(bank). For comprehensive details regarding the incident, please refer to Neemo Finance's official report.

Instead of having users directly claim through the Neemo portal, we plan to provide a contract that will redistribute compensation to our users after we obtain it from Neemo by liquidating all the possible positions. The resulting compensation plan is as follows:

For Neemo-ASTR Bank DepositorsYou will receive 95% of your ASTR deposit from the pre-hack snapshot.

For nsASTR/ASTR Market Users (Borrowing/Looping)You will receive approximately 52.55% of your remaining position value.

We understand you may wonder why there are different compensation rates:

Bank deposits carried lower risk and were meant to be simple, secure savings.

Leveraged positions (borrowing/looping) involved higher risk strategies that would have been liquidated under normal conditions

This difference in risk profile is reflected in the compensation structure.

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