bemo with Leveraged liquid staking

When staking TON via bemo, users receive stTON tokens, which provides them with staking reward while maintaining asset liquidity. The stTON tokens can be used as collateral on the EVAA platform to borrow other tokens

How to make a strategy with bemo and EVAA

Part 1: Liquid Staking through bemo

Step 1: Connecting the wallet to bemo

• Visit the bemo site.
• Click on “Connect wallet” to connect your wallet.

Step 2: Selecting and connecting the wallet

• Choose the wallet you use to store TON and connect to bemo.

Step 3: Staking TON

• Enter the amount of TON you want to stake.
• Click “Stake” and confirm the transaction in your wallet.

Part 2: Gaining Leverage through EVAA

Step 4: Using stTON as collateral on EVAA

• After receiving stTON on bemo, go to the EVAA platform.

Step 5: Borrowing funds using stTON as collateral

• Select the TON borrowing option and use your stTON as collateral.
• Determine the amount you want to borrow, not exceeding 65% of the collateral value, to avoid forced closure of the position.

Step 6: Using borrowed funds to increase the position

• Repeat steps 3-5. Use borrowed TON to further increase your position in TON, thus increasing your leverage and potential yield.
• By repeating these steps, you can increase the size of your TON staking position by 2-3 times, and thus your staking yield will be increased.

Recommendations and Notes

• Monitoring the health coefficient: It's important to regularly check the health coefficient of your loan position on EVAA to avoid forced closure.

Risk management: Leverage increases both potential profitability and potential losses. Approach the strategy with caution, especially if you are new to DeFi.

Watch the short video tutorial from EVAA about how to use bemo with EVAA app

https://www.youtube.com/shorts/wmgkBWtzZjk?feature=share