Last updated on December 9th, 2024 at 10:29 am
Have you heard about liquid staking yet? If not, get ready for your mind to be blown. Bemo Finance is bringing liquid staking to the TON blockchain, and it’s revolutionary.
No more locking up your precious tokens for ages – with Bemo, you get to have your cake and eat it too.
What’s The Big Deal About Liquid Staking?
Look, we all love staking our crypto to earn sweet, sweet rewards. But let’s be real, having your tokens locked up forever is a major buzzkill. What if you need to tap into your funds quickly? With traditional staking, you’re out of luck.
That’s where liquid staking comes in. Bemo lets you stake your TON tokens to earn yields, but instead of getting stuck holding those staked tokens, you receive “liquid” stTON tokens instead.
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These token are fully tradable and can be used in DeFi – damn, crypto just got a whole lot more flexible!
The $BMO Airdrop: Your Ticket to Free Crypto
But wait, there’s more! Bemo is running an epic $BMO airdrop for all its users. BMO is the governance token for the Bemo protocol, and holding it means you get to vote on future updates and reap some seriously juicy yield rewards.
Here’s how it works: every time you stake with Ton, you earn stXP tokens. Later this year, those stXP tokens will be converted into $BMO tokens at a ratio that’s still TBA but sure to be sweet as hell. Passive income plus free governance tokens? Now that’s a combo that gets me hyped!
Protecting Your Assets Against Inflation’s Sting
Speaking of passive income, let’s talk about how liquid staking with Bemo can help you fight against that gut-punching beast: inflation.
We’re all feeling the pain of prices soaring through the roof lately. But by staking your assets and earning yields, you’re creating a Bitcoin hedge against inflation’s brutal effects.
Your spending power gets eroded by rising costs? Not a problem when you’re racking up Bemo rewards left and right. It’s an incredibly smart way to grow your crypto portfolio while shielding it from economic turmoil.
Getting In On The Action
Keen to get started with liquid staking and that sweet $BMO airdrop? Here’s what you need to do:
- Grab yourself a TON wallet like TON Keeper if you don’t have one already.
- Head over to app.bemo.finance and connect that wallet.
- Deposit some TON and stake it to receive your stTON liquid tokens.
- Sit back and watch as those stXP rewards start flowing in, pushing you closer to get $BMO airdrop!
It’s that simple. No complicated techno-jargon, just an easy way to put your crypto to work and tap into liquidity you never thought possible.
Must read: Top 7 Crypto Exchanges for Beginners in 2024
Why Bemo’s Liquid Staking?
I could ramble all day about the awesome benefits of liquid staking with Bemo – like the ability to earn yields of over 20% APY from liquidity pools, or tapping into Bemo’s massive TVL that’s second only to TON’s leader. But you get the idea.
Crypto’s landscape is evolving at lightspeed, and protocols that free us from the shackles of immobility are bound to lead the charge. Bemo’s liquid staking brings something entirely new to the TON chain, and its $BMO airdrop is a killer opening act.
Why be stuck holding illiquid staked assets when you cash in on the upside of staking while still controlling your tokens? With liquid staking, Bitcoin becomes one hell of an inflation hedge. We’re in a brave new DeFi world, and Bemo is at the frontier.
However, note that this article is only for information purposes and shouldn’t be used as a financial advice, none of us at cryptopuncher are financial advicer.
