2025-07-09: Revoke Approvals for Neemo-Related Assets

Following a recent security incident related to Neemo Finance, we recommend users revoke any smart contract approvals associated with the following tokens:

• yayASTR

• nsASTR

• nrETH

Why is this necessary?

As previously announced, there was a security incident involving the Neemo Vault. While the risk to Yay! users remains relatively low, we still recommend revoking approvals to ensure the security of your assets. This is a precautionary step and aligns with best practices in managing token permissions.

What does "revoke approval" mean?

When you interact with DeFi applications, you often give them permission (approval) to move tokens on your behalf. If those contracts are later compromised or no longer maintained, leaving those approvals in place can expose your assets to unnecessary risk.

Revoking approvals removes this permission.

How to Revoke

You can safely revoke token approvals using the tool: https://revoke.cash

Steps:

1. Connect your wallet and select the Soneium network.

2. Look for any approvals related to yayASTR, nsASTR, or nrETH.

3. Click Revoke on each.

4. Also consider revoking any unused or unfamiliar approvals you see.

We will continue monitoring the situation and provide updates as needed. For any questions, please contact us here.