Charlie Garcia
Bemo is a non-custodial liquid staking protocol built on The Open Network (TON) blockchain. It is the first liquid staking application on TON that allows you to stake native TON tokens and, in return, get stTON tokens.
Bemo has announced that 20% of the total BMO token supply is designated for distribution among its active users and community supporters. They are currently running an airdrop where users can get free stXP tokens for staking their TON. stXP tokens will be converted to BMO later this year.
Step-by-Step Guide:
- Visit the Bemo website and click on “Stake Now.”
- You need to stake TON to be eligible to receive stXP tokens. If you don’t have any, you can get them from KuCoin.
- stXP is the staking experience token that will be rewarded for staking TON.
- You will receive stXP for every day you hold your staked TON.
- Additionally, you can earn additional stXP for liquidity provision and swapping on DEXes.
- You will be able to earn stXP until the end of the airdrop in October 2024.
- BEMO users will receive 30% of their earned stXP directly to their TON wallet addresses.
- The remaining balance and newly earned stXPs will soon be claimable in the app.
- The BMO token is set to release in Q4 2024, and the stXP token is the only way to invest in Bemo.
- Bemo has announced that 20% of the total BMO token supply is designated for distribution among its active users and community supporters.
- The stXP preToken will be converted to BMO later this year.
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Overview