How does bemo work?

Users stake TON tokens in the bemo app. After confirming the transaction, they receive stTON tokens, representing their share in the staking pool. The amount of stTON received is determined by the smart contract based on the current stTON/TON exchange rate.

The staked TON tokens join the overall staking pool, which supports the TON blockchain. For this, they receive rewards. After each validation round, the rewards, minus the bemo fee, are added to the staking pool, increasing its size. As the staking pool grows, so does the price of stTON.

Users can unstake TON at any time in the app. After initiating the withdrawal, a waiting period of 36 to 72 hours begins, depending on the validation round phase. Once the waiting period is over, the TON tokens are sent to the user's wallet. The withdrawal rate of TON to stTON is determined at the time of the withdrawal request.