This referendum proposes the approval of a new reimbursement plan for Neemo Finance, based on the Asset-Linked (Burn) Compensation Model. This follows the rejection of the previous Snapshot-Only Model in Referendum #33, and continues the on-chain governance process to determine how to resolve the Neemo incident in a community-driven and transparent manner.

This referendum executes a batch call with two key actions:

1️⃣ Approve Treasury Proposal #13 – authorizing the transfer of 204,283,546 ASTR from the on-chain treasury to the Neemo Finance multisig wallet (ZLktMBPpV8KUGNADv5sVKzA5p8cLoLWfZGLB4VsgAW6ebSN)
to fund Neemo’s user reimbursement plan under the Asset-Linked (Burn) model.

📜 Treasury proposal: https://astar.subsquare.io/treasury/proposals/13
📘 Forum context: Neemo Exploit Reimbursement Plan
📊 Poll results: SubSquare Poll #11

Important: These funds were originally moved to the treasury for safekeeping by Referendum #27 and Referendum #30.
This referendum determines whether those funds will now be released for Neemo’s updated compensation plan.

💡 What Is the Asset-Linked (Burn) Model?

This model distributes compensation based on actual asset exposure and introduces a burn requirement to ensure single-use claims (see forum post).

• Eligible users must burn their compromised nsASTR / nrETH tokens to receive compensation
• This reduces risk of abuse and ensures a one-time claim per wallet
• Neemo Finance will share further instructions on the complete compensation plan and claiming process

2️⃣ Transfer Neemo dApp Ownership – returning the dApp at address
0xb0369b70ab98dcd40188b6cf2b2b002d74e1c42a
from the on-chain treasury to Neemo Finance’s multisig wallet
(ZLktMBPpV8KUGNADv5sVKzA5p8cLoLWfZGLB4VsgAW6ebSN)

⚠️ Important Note on Governance Process
This referendum has been created by the Main Council at the formal request of the Neemo Finance team to enable fast-tracking and run a separate vote outside the standard treasury workflow.

➡️ By creating this referendum, neither the Main Council nor the Astar Foundation is endorsing, approving, or supporting the Asset-Linked (Burn) model.

Each Council member will vote independently during the referendum to express their individual position — just like any other ASTR holder.

🗳️ Why This Referendum Matters

• Allows ASTR holders to decide whether to approve the Asset-Linked (Burn) compensation model
• Authorizes release of the 204M ASTR previously secured by community governance
• Returns dApp ownership to Neemo’s multisig, ending the emergency custody period
• Ensures the outcome is transparent, on-chain, and community-driven

👉 Please review the linked treasury proposal and forum thread before voting. Your vote will determine whether the treasury funds are released and the Neemo dApp is transferred.