bemo is a non-custodial liquid staking protocol on The Open Network (TON) blockchain, enabling users to stake TON tokens and receive stTON in return. stTON represents a share in the staking pool and can be used in DeFi while earning rewards. The stTON/TON exchange rate is determined by a smart contract, and staked TON supports the TON network.

stTON holders earn rewards as the staking pool grows, increasing the token's value. The bemo Incentive Program rewards users with stXP for activities like minting, holding, or providing liquidity with stTON. stXP can later be converted into $BMO tokens, offering additional incentives for participation.