Bemo

Bemo is a non-custodial liquid staking protocol built on The Open Network (TON) blockchain. Its primary function is to allow users to stake their native TON tokens and receive bmTON tokens in return. These bmTON tokens can be freely used in Decentralized Finance (DeFi) applications, providing users with increased liquidity compared to traditional staking.

Bemo enhances the staking experience on the TON blockchain by providing a seamless, non-custodial environment where users can easily stake their TON tokens. Through smart contracts, the Bemo protocol manages deposits, withdrawals, and the minting and burning of bmTON tokens. Users benefit from automatically adjusted exchange rates and accruing rewards, making staking more efficient and user-friendly.

Using bmTON tokens in DeFi offers significant advantages over traditional staking. These include enhanced liquidity, as users can utilize their staked TON value in DeFi ecosystems. Additionally, the Bemo protocol allows for continuous earning of staking rewards, reflected in the rising bmTON price relative to TON. This flexibility maximizes both the utility and potential returns of the staked assets.

Bemo employs smart contracts to manage staking fees and reward distribution efficiently. The protocol handles transactions of TON tokens to validators, calculates fees, and ensures the accurate distribution of staking rewards. By automating these processes, Bemo minimizes manual intervention, reduces potential errors, and provides a transparent staking environment for users.

Choosing Bemo over other liquid staking protocols can be advantageous due to its position as the first liquid staking application on the TON blockchain. It offers a unique integration with TON ecosystem, allowing users to benefit from tailored protocol features like specific reward calculations and bmTON-TO exchange rate dynamics. Furthermore, its use of smart contracts ensures enhanced security and transparency in all staking operations.

If you encounter issues with your bmTON token exchange rate or staking rewards, first ensure your wallet and the Bemo platform are updated to the latest versions. Check the blockchain confirmations to ensure transactions have been processed. If problems persist, consult the Bemo support team for assistance, providing them with transaction IDs and relevant details to expedite resolution.