Upgraded Liquid Staking: Advanced Transfers and Expanded DeFi Capabilities
Liquid staking has become a cornerstone of DeFi innovation, allowing users to maximize capital efficiency while still participating in network security. With the latest Bemo v2 upgrade, we’re pushing the boundaries of what’s possible, introducing new features that streamline staking, enhance control, and unlock deeper DeFi integrations across the TON ecosystem.
This article breaks down the key improvements, explains how the new transfer and staking mechanics work, and highlights why these advancements matter for both individual users and integrated DeFi protocols.
Important thing: $stTON → $bmTON
With the launch of Bemo v2, we are entering a new chapter: more control, smoother staking, and deeper DeFi integrations. And with the new version comes a new token — bmTON.
stTON will be gradually phased out as bmTON becomes the standard for liquid staking with Bemo.
Burning $bmTON with custom data
A major highlight of v2 is the ability to burn $bmTON tokens with custom data, giving users full control over their unstaking process. Now, when unstaking, you can specify:
- Scheduled Unstaking: Set an exact date for unstaking, aligning token availability with your investment strategy.
- Designated Receivers: Choose a specific wallet to receive unstaked $TON, preventing accidental transfers and improving fund management.
Why this matters: Let’s say you’re preparing for a major DeFi farming opportunity or a token sale requiring liquidity at a precise moment. With scheduled unstaking, you ensure that your funds arrive exactly when you need them — without manual intervention.
Seamless integration for DeFi protocols
For DeFi protocols, Bemo’s v2 update means deeper integration capabilities. Your users can now interact with Bemo’s liquid staking functionalities directly through your service without the need for complex intermediaries. This seamless integration ensures that:
- User experience is enhanced: DeFi apps can embed staking options directly into their platforms.
- Increased adoption: simplified processes encourage more users to participate in staking, driving overall network growth.
$bmTON deposits with custom data and notifications
The v2 protocol takes token deposit management to the next level. Each $bmTON mint now carries custom data, ensuring that you — and any integrated platform — receive real-time notifications about every deposit event. This feature enhances transparency and operational efficiency, allowing users and administrators to:
- Track deposits: always stay informed about the inflow of $bmTON.
- Automate responses: trigger automated processes based on deposit events (e.g., updating dashboards, notifying users).
Other benefits:
- Enhanced tracking of mint events.
- Improved transparency in token circulation.
- Automated notifications for better operational oversight.
Automatic gas calculation
Previously, in v1, the gas limit was set to a fixed value, often leading to inefficiencies and higher transaction costs. With the v2 update, our protocol introduces automatic gas calculation:
- Variable gas limits: the protocol dynamically adjusts the gas limit based on network conditions and transaction complexity.
- Cost reduction: lower gas limits translate into reduced $TON consumption per transaction, making staking and transfers more cost-effective.
- Enhanced efficiency: users benefit from more predictable and optimized transaction fees.
Real-time notifications about unstaking
Transparency is the key in blockchain operations. With v2, when you unstake your tokens, you now receive on-chain notifications confirming that the unstaking process was successful. Wallets and blockchain explorers have been updated to display this critical information:
- Instant confirmation: know immediately when your unstaking transaction has been completed.
- Improved trust: real-time notifications build confidence in the process by showing verifiable, on-chain data.
On-chain balance and exchange rate opcode
One of the technical advancements in v2 is the addition of a new opcode that allows contracts to query both $TON and $bmTON balances on-chain. More importantly, you can now fetch the live exchange rate of $bmTON to $TON directly from the blockchain:
- Transparency: this opcode ensures that all transactions and conversions are based on real-time, accurate data.
- Automation: DeFi protocols can use this data to automate trading, yield optimization, and other financial strategies.
- Enhanced analytics: developers and users alike benefit from having immediate access to balance and exchange information without relying on off-chain data sources.
Withdraw and transfer Jettons from the financial contract
The v2 update introduces a crucial administrative feature: the ability to withdraw or transfer jettons from the financial contract. This is particularly useful if:
- Erroneous transfers occur: if users accidentally send tokens like $bmTON, $BMO, $NOT, etc., to your financial contract, the contract support team has the opportunity to return them or transfer them to another wallet.
- Enhanced flexibility: this feature ensures that funds are never locked away irretrievably and can be managed or reallocated as needed.
Key Points for Jetton Transfers:
- Receive any misdirected tokens.
- Return tokens to the sender or forward them to a designated wallet.
- Maintain control over financial assets with minimal disruption.
Summary of improvements in bemo staking v2
The v2 version of our liquid staking protocol is, as we like to say, “harder, better, faster, stronger.” It incorporates significant upgrades designed to open new DeFi strategies within the TON ecosystem:
- Custom data for burns and deposits: offering enhanced control and transparency.
- Automatic gas calculation: reducing transaction costs and increasing efficiency.
- Real-time notifications: building trust through on-chain updates.
- On-chain balance querying: enabling dynamic financial strategies with live exchange data.
- Administrative flexibility for Jettons: allowing seamless management of erroneously transferred tokens.
Key benefits of v2:
- Greater user control over unstaking timing and recipient wallets.
- Improved integration opportunities for DeFi protocols.
- Cost savings through optimized gas limits.
- Enhanced operational transparency with real-time notifications.
- Increased flexibility in financial management through jetton transfers.
Conclusion
The launch of our v2 liquid staking protocol marks a significant milestone in the evolution of DeFi on the TON ecosystem. With enhanced features that streamline operations, reduce costs, and offer unprecedented control over token management, v2 is not just an upgrade — it’s a transformation. Whether you’re a DeFi protocol integrating our solutions or an individual user looking to optimize your staking strategy, this update paves the way for a more flexible, efficient, and transparent future.
Embrace the future of liquid staking with our v2 upgrade, and unlock new opportunities in the dynamic world of DeFi.
