#27·Urgent Proposal: Secure Custody of Neemo dApp Staking Funds, Ownership Transfer & Reactivation of dApp Staking

Democracy
4hrs 17mins ago
0
Executed

This proposal, initiated by the Main Council in response to an official request from the Neemo Finance team, recommends a series of urgent protective actions following the unlocking of Neemo’s dApp Staking funds.

The objective is to secure the unlocked funds, transfer ownership of the compromised Neemo dApp to the Astar on-chain treasury, and resume normal operations in dApp Staking by disabling maintenance mode. These actions aim to prevent unauthorized access to the funds, while maintaining the security and integrity of the Astar network and its staking system.


Summary of Proposed Actions

  • Disable maintenance mode to resume operations in dApp Staking
  • Withdraw ~26.78M ASTR (Chunk 1) previously unlocked from Neemo’s dApp staking allocation
  • Transfer those funds to the Astar on-chain treasury for secure custody
  • Change ownership of the Neemo dApp in dApp Staking to the on-chain treasury
  • Enable instant enactment upon approval through fast-tracked governance

These actions are based on Neemo Finance’s public request on the Astar Forum, and are intended to safeguard the Astar ecosystem during Neemo’s infrastructure recovery.


Why This Matters

  • Prevents unauthorized access to a large amount of unlocked ASTR
  • Restores functionality of dApp Staking while securing affected assets
  • Ensures on-chain, transparent control of funds
  • Lays the groundwork for a future proposal to handle the second unlocking tranche (Chunk 2)

This is a preventive security measure based on Neemo’s situation. The Astar protocol and dApp Staking system remain uncompromised and fully secure.


Governance Timeline

  • Voting Period: 2 days
  • Enactment: Immediate upon approval
  • If passed, execution is scheduled for Tuesday, July 8, 2025, and maintenance mode will be disabled shortly afterward.

Engage & Learn More

We encourage all ASTR holders to review the full discussion and rationale:
Astar Forum – dApp Staking Maintenance & Neemo Request

Your vote helps protect the Astar ecosystem and guide responsible resolution through community governance.

Edited
Reply
Up
Share
Votes
100%Aye
Passing thresholdSimpleMajority
0%Nay
Aye
9.24MASTR
Nay
0ASTR
Turnout
11.37MASTR
Electorate
0ASTR
Passed
Call
Metadata
Timeline3
Votes Bubble
Comments
No comments here