How bemo works

Protocol overview

bemo protocol is a set of smart contracts on the TON blockchain.

These contracts are in charge of:

  • TON deposits and withdrawals

  • Minting and burning of the stTON tokens

  • Transfer of TON tokens to the participating validators

  • Receipt of the staking fees

  • Validation and protocol fee calculation and distribution

  • stTON vs TON price and exchange rate calculation

Key components of bemo are the application’s set of smart contracts and the stTON token.

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