Stories and Reviews

Bemo v2: The Liquid Staking Upgrade—Broadening the Possibilities within the TON Ecosystem

In Brief

With the v2 release, Bemo is set to redefine the staking experience in the TON ecosystem by implementing advanced DeFi features, introducing the bmTON token, and providing dynamic staking options that enhance user engagement.

Bemo A non-custodial liquid staking solution based on TON has recently undergone an upgrade. According to the development team, numerous enhancements are included, such as advanced DeFi integrations, more adaptable staking and unstaking features, real-time updates, automated gas price calculations, and a new token standard. This upgrade aims to deliver a smoother, clearer, and more robust staking experience—significantly enhancing what users can achieve today.

Liquid staking has become a fundamental aspect of the DeFi landscape, empowering users to optimize their capital efficiency while securing the network. Bemo is taking this concept further with their upgrade, unlocking new potentials within the TON.

Through Bemo v2, we’re not just enhancing liquid staking; we are building a more intelligent and transparent ecosystem that benefits everyone involved— from solo stakers to larger institutional players and developers working on the future of DeFi,” the Bemo team explains.

Bemo v2 Major Upgrades 

The Transition from $stTON to $bmTON  

Bemo v2 presents $bmTON as its new liquid staking token, which will take the place of the existing $stTON. This evolution will initiate a fresh chapter defined by more integrated DeFi options, a streamlined staking process, and increased user agency. The transition to $bmTON will be phased in gradually, allowing current users to adapt without disruption.

Focusing on DeFi flexibility, Bemo's upgrade enables decentralized applications (dApps) to manage $bmTON tokens with enhanced control throughout the entire process. This means that they can retrieve various data points or allow users to engage in staking via third-party dApps, ensuring everything aligns well with the functionality of their products.

Once users decide to unstake, their tokens will be returned to their wallets without the need for any extra steps, typically within a window of 36 to 72 hours.

New On-chain Balance Feature

Another notable aspect of Bemo v2 is its new opcode integration which allows smart contracts to check $TON and $bmTON balances in real-time on the blockchain. This means users can now access live exchange rates for both tokens directly from the network.

This upgrade assures transparency, as every transaction is executed in real-time and accurately captured. It also promotes automation for DeFi protocols and enhances data analytics.

$bmTON Burn and Deposit Alerts 

The v2 update elevates deposit management. Each mint of $bmTON comes with custom tools, ensuring that users and third-party platforms receive immediate notifications for every deposit event. This boosts transparency and operational efficiency, enabling seamless tracking and automated responses.

Transfer Errors Management

The v2 upgrade ensures that user investments are protected, even if mistakenly sent to the protocol’s financial contract, by allowing the Bemo team to return misdirected funds directly back to the original user’s wallet.

Advanced DeFi Integration

This update unlocks deeper functionalities—users can directly interact with Bemo’s liquid staking mechanism without needing third-party apps. This advancement aims to improve user experience and facilitates the embedding of staking features directly within DeFi applications, ultimately driving more widespread adoption. The Bemo team is ready to provide all necessary documentation and support to ensure a smooth integration process.

Real-time Notifications

Bemo v2 enhances ecosystem transparency by notifying users when tokens are unstaked. Updated blockchain explorers and wallets will reflect this information, fostering greater trust within the DeFi space.

Automatic Gas Calculations

The previous version of Bemo had a static gas limit which led to significant operational costs and inefficiencies. However, Bemo v2 introduces a dynamic gas mechanism that adjusts limits based on transaction complexity and current network conditions.

This change not only reduces costs but also streamlines operations, making the staking process more efficient.

Building Infrastructure for the Future of DeFi on TON 

The upgrade to Bemo v2 will be crucial for the growth and expansion of the TON ecosystem. Featuring a DeFi integration that facilitates smoother, direct staking without intermediaries, this initiative is preparing a robust infrastructure for the next generation of DeFi users and protocols on the TON blockchain.

Bemo is the pioneering liquid staking platform on the TON blockchain, transforming the way users earn rewards while simultaneously enhancing the network’s security and maintaining asset liquidity. Say goodbye to high staking barriers or locked funds—Bemo converts your staked TON into a liquid asset ($bmTON), allowing you to utilize it across DeFi while continually earning staking rewards,” the team explains.

The introduction of Bemo v2 marks the dawn of a new era for staking within the TON ecosystem.

About Bemo  

Bemo operates as a non-custodial liquid staking protocol on the TON ecosystem, being the first of its kind on the TON network. Users can stake their $TON and receive $bmTON in return, which can be employed within the DeFi arena while still accumulating staking rewards. Supported by a team of experienced professionals, the v2 upgrade aims to reshape the staking experience on TON both now and in the future.

Media Contacts

Company Name: Bemo
Website: https://app.bemo.fi/
Contact Person: Alexandra (TG: @smurovaa), Marketing Lead
Company Email:

Social Contact

LinkedIn: https://www.linkedin.com/company/bemo-finance/
Twitter (X): https://x.com/bemo_fi
Telegram: https://t.me/bemofinance

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Disclaimer

In line with the Trust Project guidelines , please be aware that the details presented on this page are not intended as legal, tax, investment, financial, or similar advice. It's advisable to only invest what you can afford to lose, and seek independent financial advice if uncertain. For more information, please refer to the terms and conditions and support resources provided by the issuer or advertiser. Just so you know, MetaversePost strives for accuracy in reporting, but market conditions may change without prior notice.

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