Built on the TON blockchain, bemo Staked TON (STTON) is a non-custodial liquid staking protocol that empowers users to stake native TON tokens while maintaining full liquidity. This innovative solution addresses the traditional trade-off between staking and liquidity, allowing users to participate in validation rounds and earn rewards without locking up their tokens.
The bemo Staked TON protocol operates by issuing bmTON tokens, which are pegged to the value of staked TONs and can be freely traded or used in DeFi applications. The price of bmTON tokens increases with the staking rewards accrued after each validation round, providing a unique opportunity for users to earn additional returns on their staked tokens. This liquid staking mechanism enables users to participate in the validation process while maintaining full control over their tokens.
The bemo Staked TON protocol has several key benefits, including low entry barriers and enhanced yield potential. With a minimum stake requirement of just 1 TON, bemo makes staking accessible to everyone, regardless of their token holdings. Additionally, users can participate in liquidity provision on decentralized exchanges or lend out their bmTON tokens via lending applications, further increasing their returns.
The bemo team consists of traditional finance professionals, blockchain experts, and software developers with a combined seven years of experience building blockchain platforms and applications. The creation of bemo was led by the same team behind Fanzeearrow-up-right, an innovative sports fan engagement platform launched on the TON blockchain. This expertise has resulted in the development of robust smart contracts that power the bemo Staked TON protocol.
The bemo Staked TON protocol is positioned as a leading solution for users seeking to participate in staking while maintaining full liquidity. With its unique liquid staking mechanism and low entry barriers, bemo is poised to become a major player in the TON ecosystem. As adoption continues to grow, bemo's innovative approach to staking is expected to provide significant benefits to users, including enhanced returns and increased participation in the validation process.
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