Bemo｜Non-Custodial LST Protocol on TON

Duration

In Progress

Task

Supported Chains

Bemo｜Non-Custodial LST Protocol on TON

Project Details

bemo is a non-custodial liquid staking protocol built on The Open Network (TON) blockchain. It is the first liquid staking application on TON, allowing you to stake native TON tokens and receive stTON tokens in return. These stTON tokens can then be freely used in DeFi.

Airdrop Information

By using stTON tokens for activities such as staking, holding, and swapping on DEXs, you can earn stXP. stXP accumulation is based on two predefined community milestones:

・Milestone 1: Completion of a 12-month accumulation period
・Milestone 2: Total Value Locked (TVL) within the app reaches 50 million TON

Upon reaching either milestone, an automatic conversion process will begin, converting stXP to $BMO tokens. The conversion from stXP to $BMO tokens will follow a proportional allocation system based on specific TVL thresholds within bemo.

The incentive pool of $BMO tokens for stXP holders will expand as the TVL reaches predefined levels:

・10% $BMO allocation: When TVL reaches 10 million TON
・15% $BMO allocation: When TVL reaches 30 million TON
・20% $BMO allocation: When TVL reaches 50 million TON

Airdrop Strategy

Summary of Steps

1. Access the official page and connect your wallet.
2. Create a wallet if you don't have one.
3. Stake and earn rewards.

Detailed Steps with Images

1.
Access the official page and connect your wallet.
2.
Create a wallet if you don't have one.
3.
Stake and earn rewards.

Disclaimer

・This article is created for informational purposes only and should not be used to solicit the sale, purchase, or underwriting of cryptocurrencies, securities, or other financial products, nor should it be considered an invitation to engage in such transactions, or constitute financial or investment advice.
・The information and opinions in this article are obtained from sources that we believe to be reliable, but we do not guarantee their accuracy, completeness, suitability, timeliness, or truthfulness.
・We, the authors, and all related parties are not responsible for any damage or loss caused by or related to the information published in this article. Cryptocurrencies involve hacking and other risks, so please conduct thorough research before using them.

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