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 based on the Snapshot-Only model chosen via the community’s off-chain poll.
📜 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 (link) and Referendum #30 (link) as part of the Neemo recovery process. This referendum determines whether those funds will now be released for Neemo’s compensation plan.
2️⃣ Transfer Neemo dApp Ownership – returning the dApp at address0xb0369b70ab98dcd40188b6cf2b2b002d74e1c42a
from the on-chain treasury to Neemo Finance’s multisig wallet (ZLktMBPpV8KUGNADv5sVKzA5p8cLoLWfZGLB4VsgAW6ebSN).
This referendum has been created by the Main Council at the formal request of the Neemo Finance team to enable fast-tracking and a separate vote outside the standard treasury approval workflow.
➡️ By proposing this referendum, neither the Main Council nor the Astar Foundation is endorsing, approving, or supporting the Snapshot-Only compensation model.
Each Main Council member will vote individually during this referendum to express their own stance, just like any other ASTR holder.
👉 Please review the linked treasury proposal and forum thread before voting. Your vote will determine whether the treasury funds are released and ownership of the Neemo dApp is transferred.
For me only option 1 (Asset-linked/ Burn Model) was valid.
The previous offchain voting (duration: 2 days and open to all wallets) was a farce. We cannot create the onchain-voting based on it!
Moreover, the Neemo team itself has expressed concerns about the feasibility/accuracy with Snapshot Model.
For all these reasons, I voted No.
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Based on the results of the recent off-chain vote, I cannot accept moving forward at this stage.
Furthermore, considering Neemo's current credit status, it is necessary to reconsider the multi-signature signatories.
For the above reasons, I cast a vote against the proposal.
I feel that the Neemo team and the ASTR team have differences of opinion, and since the Neemo team has also mentioned that Option 4 has issues, I hope the Neemo team and the ASTR team can reach a consensus before proceeding with the vote. Therefore, I refuse.
I cast a vote in favor. I also supported the snapshot model in the off-chain voting.
Since those who chose not to participate in DeFi for safety reasons and only staked in Neemo faced fundamentally different risks compared to DeFi participants, the snapshot model is a reasonable and fair option. ;-)
The Snapshot model is the only one among all proposed solutions that makes sense in this situation. The LP and other defi participants took risks but also enjoyed significant yield during quite a long time. They should be aware of the risks. In all other options proposed by Neemo so far, these guys basically want to have enjoyed the rewards without the associated risk and make others pay for their mistake. If they want to get a share of the refund, then ask them to share with nsASTR and nrETH holders (non-defi participants) the whole yield they got with ACS campaign and farming during the last months, they would not agree. And this would not even be technically feasible. So let them keep their yield and rewards then and, but also let them pay for the risk, which means vote for this snapshot model.
I'm voting NAY! To express my dissatisfaction and disapproval of launching an onchain vote based on the results of a rigged off-chain vote, whatever the results of the off-chain vote is.
Plenty of off-chain system are available to counter sybil attacks and this first round vote could also have been performed onchain directly with a limited access to impacted wallet. Sadely, Neemo team didn't take the time to organize this properly...
I atill believe that a snapshot coupled to an asset linked system would be the best way to go as we check how much asset were in the wallet of each user before the hack and we restitut asset based on a split asset model starting with lowest risk asset (staking&vault) until fully refund then we do the same with the next riskier asset and so on untill everything has been refund (staking/vault/lending/LP) or no more asset are immediately available.
After that, Neemo give a note of credit to users for the leftover to be refund which would be repaid bit by bit with their futur incomes or in one go if they manage to secure a loan.
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