What is $BMO and what is it for?
$BMO is the token of the bemo platform.
While we're still finalizing the technical and governance aspects, it is already clear that $BMO will serve key initial roles:
Governance Mechanism: Token holders will have a say in the future development and features of the bemo platform through a decentralized governance model. Via delegate voting, your voice and stake matter in the evolution of the ecosystem.
Yield-Generating Asset: Beyond its governance capabilities, the $BMO token also serves as a yield instrument. A percentage of protocol fees generated by the bemo application will be redistributed to $BMO holders.