On September 15, according to Theblock, Nemo Protocol announced a compensation plan to distribute debt tokens called NEOM to affected users, according to TechFlame.

According to a blog post published by Nemo, the compensation plan will be based on an on-chain snapshot of when the agreement was suspended, calculating user losses in dollars and issuing equivalent NEOM tokens. Holders can choose to withdraw from the automated market maker pool or hold tokens and wait for the funds to be recovered

Nemo said it will establish a three-step recovery plan: first, allow users to migrate the remaining value from the impaired pool to a new audited multi-party management contract; secondly, launch NEOM/USDC liquidity pools on major Sui decentralized exchanges; and finally deposit any recovered funds into multi-party redemption pools for NEOM holders to claim pro rata claims.

Earlier, Nemo Protocol was attacked by hackers and lost 2.4 million US dollars, and the funds were transferred to Ethereum.