By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Viral Trending contentViral Trending content
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
Reading: Bemo v2: the liquid staking upgrade expanding the scope of what’s attainable on the TON ecosystem 
Notification Show More
Viral Trending contentViral Trending content
  • Home
  • Categories
    • World News
    • Politics
    • Sports
    • Celebrity
    • Business
    • Crypto
    • Tech News
    • Gaming News
    • Travel
  • Bookmarks
© 2024 All Rights reserved | Powered by Viraltrendingcontent
Viral Trending content > Blog > Crypto > Bemo v2: the liquid staking upgrade expanding the scope of what’s attainable on the TON ecosystem 
Crypto

Bemo v2: the liquid staking upgrade expanding the scope of what’s attainable on the TON ecosystem 

By Viral Trending Content 7 Min Read
Share
SHARE

Contents
Bemo v2 major upgrades The Transition from $stTON to $bmTON New on-chain balance feature$bmTON burns and deposit notification Transfer errors managementAdvanced DeFi integrationReal-time notificationsAutomatic gas calculationBuilding infrastructures for the next-generation of DeFi on TON About Bemo Media contactsSocial Contacts 
  • Bemo v2 enhances liquid staking on TON with deeper DeFi integrations and real-time transparency.
  • The upgrade introduces $bmTON, replacing $stTON, for smoother staking and improved user control.
  • Bemo v2 adds automatic gas calculation, real-time notifications, and secure fund recovery features.

British Virgin Islands – Bemo, a non-custodial TON-based liquid staking protocol, has launched an upgrade.

This release, per the team, introduces a plethora of improvements such as advanced DeFi integrations, more flexible staking/unstaking mechanics, real-time notifications, automatic gas calculation, and a new token standard.

It is designed to provide users with a smoother, transparent, and powerful staking experience—a significant upgrade to what is obtainable today. 

Liquid staking is a mainstay in the DeFi landscape, allowing users to maximize capital efficiency while providing security to the network.

With the upgrade, Bemo is expanding the scope of what’s attainable on TON. 

“With Bemo v2, we’re not just improving liquid staking—we’re creating a smarter and more transparent system that benefits everyone in the TON ecosystem; from individual stakers to institutional partners and developers building the future of DeFi,” the Bemo team says. 

Bemo v2 major upgrades 

The Transition from $stTON to $bmTON 

Bemo v2 introduces $bmTON as the liquid staking token, replacing $stTON.

This upgrade will pioneer a new chapter characterized by deeper DeFi integrations, smoother staking, and more control. $bmTON will propel these changes, and $stTON will be phased out of the network once everyone is prepared for that. 

With Bemo prioritizing DeFi flexibility, this upgrade allows dApps to manage $bmTON tokens with more control over the entire process.

With this update, they can get data for different actions or let users participate in staking effectively through third-party dApps, aligning everything with their product’s functionality.

After unstaking, users will receive their tokens in their wallets with no additional actions needed in between 36 to 72 hours.

New on-chain balance feature

Bemo v2’s other feature is the integration of an opcode that powers contracts to query $TON and $bmTON balances on-chain.

Users can now get live exchange rates of $bmTON and $TON from the blockchain.

This upgrade guarantees transparency as all transactions are accurate and based in real-time. It also enables automation for DeFi protocols and enhanced analytics. 

$bmTON burns and deposit notification 

Bemo v2 takes deposit management to another level. Each $bmTON mint has custom tools, ensuring that users and third-party platforms receive real-time notifications for every deposit event.

This enhances transparency and efficiency, enabling deposit tracking and automated responses.

Transfer errors management

Bemo’s v2 upgrade ensures that user funds aren’t lost forever due to accidental transfers to the protocol’s financial contract.

A new administrative function allows the Bemo team to return mistakenly sent funds only to the originating user’s wallet.

Advanced DeFi integration

The update provides deeper capabilities—users can now interact with Bemo’s liquid staking protocol directly, without third-party applications.

This improves user experience and ensures that DeFi apps can seamlessly embed staking capabilities directly into their protocols.

Additionally, it will drive global adoption. Bemo team is happy to provide all the manuals needed and guide along the way to ensure a seamless integration flow.

Real-time notifications

Bemo v2 adds new levels of transparency to the ecosystem, allowing users to receive notifications when they unstake tokens.

Blockchain explorer and wallets have been updated to display this information, adding trust in the DeFi landscape. 

Automatic gas calculation

In Bemo v1, the gas limit had a fixed value, resulting in huge operational costs and inefficiencies. Bemo’s v2 changes things.

The protocol provides a variable gas feature that adjusts the gas limit based on the transaction complexity and network conditions. 

This reduces cost, improves efficiency, and simplifies staking. 

Building infrastructures for the next-generation of DeFi on TON 

Bemo’s v2 upgrade will play a pivotal role in the proliferation of the TON ecosystem.

With a DeFi integration feature that enables smoother, direct, and seamless staking devoid of intermediaries, this project is building a powerful infrastructure for the next generation of DeFi users and protocols on TON. 

“Bemo is the first liquid staking platform on the TON blockchain, redefining how users get rewards while helping to make the network more secure and keeping their assets flexible. Forget about high staking thresholds or having your funds locked—Bemo transforms your staked TON into a liquid asset ($bmTON), allowing you to use it across DeFi while still receiving staking rewards,” the team says. 

Bemo v2’s launch is pioneering a new era of staking on the TON ecosystem.

About Bemo 

Bemo is a non-custodial liquid staking protocol on the TON ecosystem.

It is the first protocol on the TON blockchain network that allows users to stake $TON, and in return, get $bmTON which could be used in DeFi while still receiving staking rewards.

Backed by a team of reputable and credible industry experts, Bemo’s v2 upgrade will redefine staking on TON now and in the future. 

Media contacts

Company Name: Bemo
Website: https://app.bemo.fi/
Company Email: [email protected]

Social Contacts 

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

This article is authored by a third party, and CoinJournal does not endorse or take responsibility for its content, accuracy, quality, advertisements, products, or materials. Readers should independently research and exercise due diligence before making decisions related to the mentioned company.

You Might Also Like

Polymarket Sees Record $153M Daily Volume After Chainlink Integration

Elon Musk’s xAI sues Colorado arguing its AI rules restrict speech

OKX Ventures, HashKey back VPBank-linked CAEX for Vietnam crypto pilot push

Bitcoin Figure Adam Back Denies Being Satoshi Nakamoto

CIA to integrate AI ‘co-workers’ to process intelligence, catch spies

TAGGED: #Sponsored, Crypto, Crypto News, News, Press Release
Share This Article
Facebook Twitter Copy Link
Previous Article Crypto Bombshell: Donald Trump’s Mass Tariffs Have Happened Twice Before, Here’s The Outcome
Next Article Trump Gives TikTok Extra 75 Days To Find Non-Chinese Buyer
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
Ad image

Latest News

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
Business
Apple AI Pin Specs Leak: Dual Cameras, No Screen & More
Tech News
A ‘glass-like’ battlefield: German Army chief on the future of warfare
World News
Polymarket Sees Record $153M Daily Volume After Chainlink Integration
Crypto
Natasha Lyonne Then & Now: See Before & After Photos of the Actress Here
Celebrity
Cult Hit Doki Doki Literature Club Fights Removal From Google Play Store Over ‘Depiction Of Sensitive Themes’
Gaming News
Dead as Disco Launches Into Early Access on May 5th, Groovy New Gameplay Released
Gaming News

About Us

Welcome to Viraltrendingcontent, your go-to source for the latest updates on world news, politics, sports, celebrity, tech, travel, gaming, crypto news, and business news. We are dedicated to providing you with accurate, timely, and engaging content from around the globe.

Quick Links

  • Home
  • World News
  • Politics
  • Celebrity
  • Business
  • Home
  • World News
  • Politics
  • Sports
  • Celebrity
  • Business
  • Crypto
  • Gaming News
  • Tech News
  • Travel
  • Sports
  • Crypto
  • Tech News
  • Gaming News
  • Travel

Trending News

cageside seats

Unlocking the Ultimate WWE Experience: Cageside Seats News 2024

Investing £5 a day could help me build a second income of £329 a month!

JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays

cageside seats
Unlocking the Ultimate WWE Experience: Cageside Seats News 2024
May 22, 2024
Investing £5 a day could help me build a second income of £329 a month!
March 27, 2024
JPMorgan CEO Jamie Dimon says he’s ‘learned and relearned’ to not make big decisions when he’s tired on Fridays
April 10, 2026
Brussels unveils plans for a European Degree but struggles to explain why
March 27, 2024
© 2024 All Rights reserved | Powered by Vraltrendingcontent
  • About Us
  • Contact US
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?