What is the bemo Incentive Program?

The bemo Incentive Program aims to engage users and deepen their understanding of DeFi on the TON blockchain. With bemo, you already earn staking rewards and additional yield on your stTON in DeFi. The incentive program allows users to earn stXP for actions with stTON tokens: minting, holding, providing liquidity for DEX, and lending.

In Q4 2024, users will be able to convert stXP into $BMO tokens.

Conversion of stXP into $BMO tokens

In the fourth quarter of 2024, all stXP will be converted into BMO. The distribution of BMO tokens will be proportional to all stXP holders, meaning each stXP user will receive their share of BMO tokens. The more stXP you have, the larger your share of BMO will be.

bemo will distribute up to 20% of the total BMO supply among those who have stXP. 10%/15%/20% will be distributed upon reaching a TVL of 10m/30m/50m TON.

Note that 10% of the BMO supply is a guaranteed distribution volume.

stXP balance

Track your stXP accumulation using the "Rewards" section in the bemo app. Rewards are calculated individually and linked to your wallet address.

How long will the programme last?

Users accumulate stXP by performing actions with stTON tokens. These points can be converted into $BMO tokens upon reaching one of two key milestones:

• Completion of a 12-month stXP accumulation period.
• Achieving 50 million TON in total value locked (TVL) in the bemo app.

The reward pool ranges from an initial 5% to 20% when the 50 million TON TVL threshold is reached. The conversion of stXP to $BMO will occur proportionally to the total stXP pool in 12 months or sooner if the threshold is met.